How Means Testing Can Help You Get Financial Assistance in Singapore

Means-testing, primarily, is a technique for figuring out the subsidies you'll get based on your family income and other characteristics to guarantee lower-income households acquire a greater amount than higher-income ones.

What Is a Means Testing?

A household mean-test in Singapore relates to a system for identifying who is entitled to government subsidies while utilizing care services. This makes sure that people with less money, such as families with lower incomes get greater subsidies because they are the ones who need them the most.

Several of these subsidies comprise the Seniors' Mobility and Enabling Fund, the Home Caregiving Grant, and the Community Health Assist Scheme. Although household means testing is permitted for all Singaporeans applying for subsidies, the majority of applicants come from families with lower household monthly income than those of higher income households.

Qualification for Subsidies

Those applying for subsidies must:

  • be a resident or citizen of Singapore.

  • fulfill the admission requirements.

  • already be getting treatment from a service provider supported by the MOH.

Please be aware that this does not guarantee that you will get financial aid. You will be evaluated for other criteria, including gross monthly family income, to determine the programs for which you qualify and the amount of the subsidy you will get.

How to Determine My Subsidy Level?

The amount of assistance you receive is based on the monthly family income for each individual. Essentially, the monthly household income for every individual is determined by dividing the overall gross monthly household income of every member in your home by the number of those residing together, which includes all who are residing at the same home address.

The household means-test must also take the following into account as well to establish the complete amount of subsidies to which one is entitled:

  • the gross income of all family members living in the same residential address with the individual in need of care, their spouses, if any, and their children are included.

  • total number of family members residing in one home

Alternatively, if there is no income per person for the household:

  • The annual value of the house

How Much Subsidy Am I Going To Get?

The total amount of subsidies awarded is heavily influenced by the results of your household's means test and the specific eligibility criteria of the financial program you apply for. Here is a detailed summary of the subsidies available for various types of care services.

Financial Schemes That Requires Means-Testing

The following are a few healthcare schemes and subsidies that call for means testing:

  1. Home Caregiving Grant or HCG

  2. Community Health Assist Scheme or CHAS

  3. Intermediate and Long Term Care, Eldercare, & Disability Subsidies

  4. Seniors’ Mobility and Enabling Fund (SMF) for Assistive Device & Consumables Subsidies

  5. Ministry of Social and Family Development Taxi Subsidy Scheme and Transport Subsidy Scheme

Means Testing Singapore Application

To accomplish this, speak with any medical social worker in the community hospital, and they will help you fill out the National Means Testing Systems form for government assistance.

Considering that the hospital already has your records, the MDWs can analyze your grant based on your basic employment income right away. Otherwise, before continuing with the application, they will need to assess the applicant's health, financial situation, and family history.

When you have finished filling out the Means-Test Declaration Form, the MDW will refer your application straight to the Agency for Integrated Care. Successful candidates will be notified of the subsidies they are qualified for and will get instructions on pre-admission preparation after the application has been examined.

Singapore citizens can also try the government portal on HOMES

Additional Ways to Reduce Healthcare Costs

There are methods to economize on a variety of healthcare services even if you are ineligible for any government grants.

Purchase packages for more hours

The most cost-effective option to care for your elderly at home if you are willing to put in a lot of hours is to buy long-hour packages. With the aid of these packages, your seniors will be able to get comprehensive care that will help with their particular issues.

Plan your trips for the week if you can

It would be preferable if you could set up for care on a weekday instead since visits on a weekend, evening,  would result in additional fees as they are outside of usual business hours.

Arrange for Visits of More Than Two Hours

If you are having a hard time managing the care of a loved one, hiring a nurse or home caregiver, or a foreign domestic worker for a longer period of time might help you feel more at ease as you take care of your own welfare.

How Are Savings and Investments Outside of the CPF Calculated?

According to the entrance requirements, candidates' savings and non-CPF assets cannot total more than $10,000 for those under 60 and $40,000 for those over 60. You may sum up the value of your savings account and other investments with a cash value to determine the following assets.

How long does the result of the Means Test remain valid?

Results of all means tests are legitimate for two years. Following that two years, applicants must retake the household means test to avail of more financial assistance for seniors.

When should I submit a second Means-Test application?

Along with your findings' validity ending after two years, you should reapply when:

  • The composition of the household has changed.

  • Every member of the family relocates, changing their home's address.

  • Significant changes have been made to the household's overall monthly income.

  • a relative living in the household reaches 21 years old

Should I Fail the Means Test, What Happens?

Applicants who do not pass the means test are probably financially capable of living without the aid of the government. Although regardless of the outcome of your means-test, given that you are residing in a subsidized ward in a hospital, an assisted living facility, or a nursing home in Singapore, you are still qualified for a 20% subsidy for Singaporeans and 10% for Permanent Residents.

Singaporean families, indeed, don't have to be concerned about having to cover the whole financial expense of healthcare and caregiving totally on their own because of the plethora of government grants available and an easy application process. In this MOH guide on means testing available to the elderly in Singapore, learn more about the various financial plans that are offered.

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