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Can I use my MediSave to pay Integrated Shield Plan (IP) premiums for my family members, and is there a limit?
You can use your MediSave to pay Integrated Shield Plan (IP) premiums for your family members, including your spouse, parents, children, grandparents and siblings. There is no limit to the number of family members you can help pay for.
However, you should consider the long-term affordability of IP premiums for your family members and whether you will have enough MediSave savings for your own healthcare needs, including during your retirement years.
This information is sourced from CPF.
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