What is the Basic Healthcare Sum?
The Basic Healthcare Sum (BHS) is the estimated savings you need in your MediSave Account for your basic subsidised healthcare needs in old age.
For CPF members below age 65, the BHS will be adjusted annually to keep pace with the expected growth in MediSave use by the elderly. This ensures that the BHS will stay relevant for each cohort when they arrive at retirement age.
Age in 2024
Year when cohort turned age 65
Cohort BHS
(fixed for life)
65 2024 $71,500 66 2023 $68,50067
2022
$66,000
68
2021
$63,000
69
2020
$60,000
70
2019
$57,200
71
2018
$54,500
72
2017
$52,000
73 and above
2016 or earlier
$49,800