Earlier this week a new national long-term care insurance scheme was announced to provide financial aid to those afflicted with severe disability.
Launching in 2020, 'CareShield Life' will be made compulsory, automatically getting everyone who is between the ages of 30 and 40 to start paying premiums.
MONEY FM 89.3's Yasmin Jonkers spoke with ElderShield Review Committee Chairman, Mr Chaly Mah and Committee Member, Dr Thinesh Lee Krishnamoorthy to find out more about it.