What is MediSave Care (also known as MediSave Withdrawals for Long-Term Care)?

MediSave Care is a long-term care scheme which was launched on 1 October 2020. Under MediSave Care, Singapore Citizens and Permanent Residents aged 30 and above who have developed severe disability will be able to make monthly cash withdrawals from their own and/or their spouse’s MediSave for their long-term care needs.

After setting aside a minimum amount to ensure adequacy for other medical expenses, Singapore Citizens and Permanent Residents with severe disability will be able to withdraw up to a total of $200/month from their own and/or their spouse’s MediSave. The table below shows the MediSave balances and corresponding monthly withdrawal quanta. 

Table: MediSave Balances and corresponding Monthly MediSave Withdrawal Quantum for  Singapore Citizens and Permanent Residents aged 30 and above with severe disability.¹

¹ Singapore Citizens and Permanent Residents who have developed severe disability can withdraw from their spouse's MediSave Account  if they have insufficient MediSave balances, and their spouse has MediSave balances of $5,000 or more. Withdrawals from their spouse's MediSave will also be subject to the same MediSave balance thresholds. The total withdrawal from their own and/or spouse's MediSave is capped at $200/month.

This information provided here is sourced from the MOH website.