An independent committee has been set up to design MediShield Life, Health Minister Gan Kim Yong said on Saturday.
The new scheme must be able to provide enough protection for everyone for life, while keeping premiums affordable, he said.
Council of Presidential Advisors member Bobby Chin will head the 11-member committee that has six months to come up with its proposal, The Straits Times reported on its website.
The committee is expected to engage citizens, stakeholder groups and experts before finalising the proposal.
Mr Gan was speaking on the sidelines of an event to celebrate Kwong Wai Shiu Hospital's 103 years of caring for the sick, needy and elderly.
The MediShield Life scheme, which will eventually provide medical coverage for all Singaporeans for life, was first announced by Prime Minister Lee Hsien Loong during his National Day Rally speech in August this year.
The committee will have representation from various stakeholder groups such as those in health care, insurance, unions and the grassroots.
Mr Chin said he would give more details after the members are appointed.
"This is an important review of a policy change that aims to benefit all Singaporeans during their lifetime," Channel NewsAsia quoted him as saying.
Mr Gan had said in Parliament in September that the public consultation exercise for the scheme will be carried out in the fourth quarter of this year.
He had also promised to reveal more details during the consultation, such as the likely impact on payouts if all pre-existing conditions of all citizens are covered for life.
MediShield Life is part of the Government's review of health-care financing and is aimed at ensuring that health care remains affordable for all Singaporeans.
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