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Why is the withdrawal quantum under MediSave Care based on my MediSave account's balance?
moh
The MediSave Account is used for healthcare purposes, such as paying for hospitalisation expenses, approved outpatient medical care and approved medical insurance premiums.
The Central Provident Fund (CPF) is a social security system that allows members to set aside savings for retirement. The Ordinary Account is for housing, insurance, investment and education purposes. The Special Account is for retirement income and retirement-related investments.
This information provided here is sourced from the MOH website.
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