What is the Matched MediSave Scheme?

The Matched MediSave Scheme (MMSS) aims to help Singapore Citizens aged 55 to 70 (inclusive) with lower MediSave savings to boost their healthcare savings by matching voluntary cash top-ups made to their MediSave Account (MA). The scheme will be implemented in 2026 for a period of five years.
Under the MMSS, the Government will match every dollar of cash top-up to the MA of eligible CPF members, up to an annual cap of $1,000. The matching grant by the Government will be disbursed to eligible members in the following year.
The increase in MediSave savings will help eligible members pay for insurance premiums and approved medical treatments.
This information is sourced from CPF
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