Back to home

Why do I need to set aside the MediSave balance of at least $5,000 to be eligible for MediSave Care?

Updated by CPF
MediSave is designed to help Singapore Citizens and Permanent Residents set aside sufficient savings for their hospitalisation expenses and certain high-cost outpatient treatments such as cancer treatments.
 
The minimum balance of $5,000 required by MediSave Care ensures that individuals have MediSave available to cover medical expenses such as MediShield Life premiums or hospitalisations.

This information is sourced from CPF.

Topics:

Healthcare FinancingMediSave Care

Related questions

Why are MediSave withdrawal limits imposed?

cpf
1

What is MediSave Care?

cpf

From other agencies

Why is there a need to set aside the MediSave balance of at least $5,000 to be eligible for MediSave Care?

moh
1

Why do I need to set aside a minimum MediSave Account balance of $5,000 to be eligible for MediSave Care?

aic

Need more help?

Describe your issues to us.

Contact us