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Why is there a need to set aside the MediSave balance of at least $5,000 to be eligible for MediSave Care?
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MediSave is primarily designed to help Singapore Citizens and Permanent Residents put aside sufficient savings for their hospitalisation expenses and selected outpatient treatments such as cancer treatments that are more expensive in nature.
The minimum MediSave balance of $5,000 set aside by MediSave Care is to help individuals maintain some savings to pay for their other healthcare bills.
This information provided here is sourced from the MOH website.
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