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What is MediSave Care?


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Updated by CPF
MediSave Care is a long-term care scheme that allows Singapore Citizens and Permanent Residents aged 30 and above with severe disability to make monthly cash withdrawals of up to $200 from their own and/or their spouse’s MediSave for their long-term care needs. This is provided they have set aside a minimum amount to ensure sufficient MediSave for other medical expenses. 
 
The table below shows the required MediSave balances and the corresponding monthly withdrawal quantum for eligible individuals.1
 
MediSave BalanceMonthly Withdrawal Quantum
$20,000 and above$200
$15,000 and above$150
$10,000 and above$100
$5,000 and above$50
Below $5,000Nil
 
1Eligible individuals can withdraw from their spouse's MediSave Account if their own MediSave balance is insufficient, provided the spouse has a MediSave balance of at least $5,000. Withdrawals from the spouse's MediSave are also subject to the same balance thresholds, and the total combined withdrawal from both accounts is capped at $200 per month.

This information is sourced from CPF


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