I develop severe disability. Can I withdraw up to $200/month each from my own MediSave and another $200/month from my spouse’s MediSave (i.e. withdrawing a total of $400/month) under MediSave Care?
If you are eligible to apply for MediSave Care, you can only withdraw up to a combined total of $200 per month from your MediSave and/or your spouse’s MediSave.
Example
1. Husband applies to withdraw $200 monthly from his own MediSave. That is the total maximum withdrawal limit allowed from his and his spouse’s MediSave.
2. If the husband has $12,000 in his MediSave, he is eligible to withdraw $100 monthly from his own MediSave. If his wife’s MediSave balance is at least $10,000, he can apply to withdraw an additional $100 monthly from his wife’s MediSave. The total monthly MediSave Care withdrawal from his and his spouse’s MediSave add up to a maximum of $200.
MediSave Balances and corresponding Monthly Withdrawal Quantum
| MediSave Balance | Monthly Withdrawal Quantum |
|---|---|
| $20,000 and above | $200 |
| $15,000 and above | $150 |
| $10,000 and above | $100 |
| $5,000 and above | $50 |
| Below $5,000 | NIL ($0) |
This information is sourced from MOH
Related questions
Will my MediSave Care withdrawal limit automatically change as and when my MediSave balance changes?
What is MediSave Care (also known as MediSave Withdrawals for Long-Term Care)?
I am severely disabled. Can I withdraw up to $200/month each from my own MediSave and another $200/month from my spouse’s MediSave account?
Will my MediSave Care withdrawal limit automatically change as and when my MediSave balance changes?
