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How was the MediSave500/700 withdrawal limit sized?
The MediSave withdrawal limits are generally sized to cover subsidised bills, so that the healthcare costs remain affordable.
This information is sourced from CPF.
Related questions
Why are MediSave withdrawal limits imposed?
What if my hospital bill is more than what my MediSave can cover?
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I am a patient with a complex chronic condition. Will I enjoy the higher withdrawal limit of $700 under MediSave500/700 even after my condition improves?
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