• CPF Medisave Account

     Medisave or MA allows Central Provident Fund members to put a portion of their monthly income into Medisave Accounts so as to use these savings for future hospitalization for themselves or their immediate family members.

    Medisave scheme

    This is a National savings scheme that can help you save for your medical expenses in the future, especially after you retire. You will need to set aside a portion of your monthly salary into your MA under this scheme.

    Medisave and Self-Employed

    All self-employed members whose NTI or Net Trade Income is over S$6,000 are required to contribute a part of their monthly income towards their Medisave Accounts (MA).

    Table 1: Find below the allocation rates towards your MA depending on your rates starting January 2016

    Percentage of wage credited into CPF Accounts

    Employee’s Age Ordinary Account or OA Special Account or SA Medisave Account or MA
    35 years and below 23% 6% 8%
    Above 35 years and up to 45 years 21% 7% 9%
    Above 45 years and up to 50 years 19% 8% 10%
    Above 50 years and up to 55 years 15% 11.5% 10.5%
    Above 55 years and up to 60 years 12% 3.5% 10.5%
    Above 60 years and up to 65 years 3.5% 2.5% 10.5%
    Above 65 years 1% 1% 10.5%

    Note the following:

    • You are considered 35 years, 45 years, 50 years, 55 years, 60 years and 65 years old on your birthday month. After the month of your birthday, you are considered as being older than 35 years, 45 years, 50 years, 55 years, 60 years and 65 years old accordingly.
    • The CPF contributions mentioned in the table above are applicable to all Singapore citizens and third year Permanent Residents who earn S$750 or more per month.

    Using Medisave

    Where to use it?

    Medisave can be used at ALL public healthcare establishments and approved medical institutions and private hospitals.

    Who to use it for?

    You will be able to use the savings in your MA for yourself or any of your immediate family members’ including your spouse, parents, children and grandparents. You can only your Medisave for your grandparents if they are Singapore citizens or Permanent Residents. The rest of your immediate family members can be of any nationality when using your MA savings for their hospitalization expenses.

    What to use it for?

    You will be able to use your Medisave for the following medical and hospitalization expenses:

    For acute care –

    • Inpatient hospitalization - S$450 each day + Surgical limits listed in the Table of Surgical Procedures.
    • Day Surgeries (approved) – S$300 each day + Surgical limits listed in the Table of Surgical Procedures.
    • Inpatient hospitalization in case of psychiatric treatment – S$150 each day with a cap of S$5,000 for each year.

    For rehabilitative care –

    • Approved community hospital stays - S$250 each day with a cap of S$5,000 for each year.
    • Day rehabilitation centers - S$25 each day with a cap of S$1,500 for each year.
    • Approved convalescent hospital stays - S$50 each day with a cap of S$3,000 for each year.

    For End of Life care –

    • Approved hospices stays – S$200 for each day.
    • Day hospice care or Home palliative care:
    1. S$2,500 cover for each patient for life.
    2. A Medisave withdrawal limit of S$2,500 to be shared between the 2 types of care.
    3. Patients who are diagnosed with an end stage of organ failure or terminal cancer will have no withdrawal limit if they pay the hospital bill using their own Medisave Account.

    For outpatient treatments –

    For the following outpatient treatments, the Medisave withdrawal limit is S$400 for each year per account. Also, a 15% cash co-payment will be applicable on treatments for any approved chronic condition:

    • chronic conditions (Approved) include:
    1. Asthma.
    2. Anxiety.
    3. Bipolar disorder.
    4. Benign prostatic hyperplasia.
    5. Dementia.
    6. Diabetes.
    7. Epilepsy.
    8. Lipids disorders.
    9. Nephrosis/nephritis.
    10. Hypertension.
    11. Parkinson's disease.
    12. Psoriasis.
    13. Rheumatoid Arthritis.
    14. Stroke.
    15. Schizophrenia.
    16. Chronic obstructive pulmonary disease.
    17. Osteoarthritis.
    18. Osteoporosis.
    19. Major depression.
    • Vaccinations (Approved) include:
    1. Pneumococcal vaccinations – children below 6 years.
    2. HPV vaccinations – females between 9 years and 26 years.
    3. Vaccination for Hepatitis B.
    4. MMR (Measles, Mumps and Rubella), Tuberculosis, DTaP/Tdap (Diphtheria, Pertussis and Tetanus), Hib (Haemophilus Influenza Type B), Poliomyelitis.
    5. Pneumococcal and Influenza for those having a higher risk of contracting severe pneumococcal disease and complications relating to influenza.
    • Health screening (Approved) include:
      • Mammograms screening – women who are 50 years old and above.
      • Certain screening tests in outpatient settings for newborns:
    1. G6P deficiency screening.
    2. Metabolic screening.
    3. Hearing test.
    4. Thyroid function test.
    • Flexi Medisave (only applicable for patients who are 65 years old and above):
      • Maximum S$200 per year for each patient.
      • Only applicable when the Medisave of the patient/patient’s spouse is used.
    • Cancer Treatment (includes outpatient scans and other diagnostics) – Maximum S$600 per year for each patient.
    • Medical condition (outpatient scans for treatment/diagnosis) - Maximum S$300 per year for each patient.
    • Assisted conception procedures:
    1. First withdrawal – S$6,000.
    2. Second withdrawal – S$5,000.
    3. Third withdrawal onwards – S$4,000.
    4. Applicable lifetime limit – S$15,000 for each patient.
    5. Only applicable when the Medisave of the patient/patient’s spouse is used.
    • Treatment for Renal dialysis:
    1. Maximum S$450 per month for each patient.
    2. Only applicable when patient uses their own Medisave. For persons who are 18 years old or younger, the Medisave of the parents may be used.
    • Radiotherapy:
    1. Superficial X-ray – S$30 for each treatment.
    2. External Radiotherapy – S$80 for each treatment.
    3. Brachytherapy without external radiotherapy – S$360 for each treatment.
    4. Brachytherapy with external radiotherapy - S$300 for each treatment.
    5. Stereotactic radiotherapy - S$2,800 for each treatment.
    • Outpatient Treatment for Radiosurgery (includes Gamma Knife treatment for cancer and Novalis radiosurgery treatment):
    1. S$7,500 for each treatment.
    2. S$300 for each day to cover hospital charges.
    • Chemotherapy (includes suppressive treatments like nuclear medicine and neuroendocrine treatments and analgesic medication) – S$1,200 for each month per patient.
    • Treatment for HIV/AIDS with Anti-retroviral drugs:
    1. S$550 for each month per patient.
    2. Only applicable when patient uses their own Medisave. For persons who are 18 years old or younger, the Medisave of the parents can be used.
    3. Treatment of thalassemia using blood transfusion and desferrioxamine drugs - S$350 for each month per patient.
    4. Hyperbaric oxygen therapy – S$100 for each treatment.
    5. Outpatient intravenous antibiotic treatment – S$600 for each weekly cycle with a cap of S$2,400 per year.
    6. Infant continuous positive airway pressure therapy and rental of devices for long-term oxygen therapy – S$75 for each month per patient.
    7. Immuno-suppressant drugs for organ transplant – S$300 for each month per patient.

    Transferring savings into Medisave Account

    You can transfer savings from your OA or Ordinary Account and/or SA or Special Account up to your BHS (Basic Healthcare Sum), if you have not met your BHS. However, in order to do is, you must be 55 years old or above and must have the FRS (Full Retirement Sum) having sufficient property pledge/charge in your RA (Retirement Account).

    Once you have transferred your savings, you can use the same to pay for medical expenses for yourself and your immediate family members. You can also use these savings to pay for approved medical insurance premiums such as MediShield Life.

    Before you make the transfer, remember the following:

    • Once you make the transfer, it cannot be reversed. You cannot transfer the savings back from your MA into the originating OA or SA.
    • You cannot claim tax relief for your transfer.
    • For self-employed individuals, you cannot use the transferred amount for offsetting any outstanding Medisave liabilities.

    Your application for transfer will take up to 10 business days to be processed by the CPF Board upon receiving your application.

    New Update for 2017

    You can transfer savings from your CPF Accounts to Medisave Accounts of your immediate family members (spouse, parents, siblings, parents-in-law, grandparents, and grandparents-in-law) up to their BHS.

    What happens if you do not have sufficient Medisave savings to pay your medical bills?

    In such situations, you can pay the balance of your medical bills by cash or use someone else’s Medisave Account savings for the same in the following ways:

    • Using Medisave of an immediate family member – A cap of the the Medisave Withdrawal Limit will be placed for the amount of savings used from all Mas.
    • Using Medisave of a non-immediate family member – You can only use a non-immediate member’s MA savings to pay for hospital bills at stay in Class B2 or C wards of any restructured hospital. You will have to contact the hospital staff to check whether you are eligible for the same.

    Applying Medisave to pay medical bills

    Follow the steps below to apply for Medisave:

    • Inform your medical institution to claim your Medisave Account savings during the discharge of the patient or during billing.
    • Sign the MCAF or Medical Claims Authorization Form which will authorize the medical institution for using your Medisave savings.
      • If a person passes away before signing the MCAF, then an immediate family member who is 21 years of age or older can sign the form OR
      • A donee who has been appointed by the deceased member or a deputy that has been appointed by the court under the Mental Capacity Act can also sign the form.
      • If neither can sign the form, any relative who has taken care of the deceased person can sign the form if approved by the MOH (Ministry of Health).
    • Upon processing the payment, the CPF Board will provide you with a Medisave Claims Statement which will include the following:
      • The medical institution’s name that treated the patient.
      • The patient’s name for whom you made the payment.
      • The deducted amount from your Medisave Account.
      • The balance in your Medisave Account.
    • The medical institution will also provide you with the following information:
      • The incurred bill should be informed to you/the patient.
      • Confirm the MA holder’s name with you.
      • The deducted amount from your Medisave Account.
      • Any outstanding bill that needs to be paid should be informed to you/the patient.

    For any further information regarding Medical Claims Authorization Form (MCAF), you can visit the official website of the Ministry of Health (MOH).

    Contributing to your Medisave Account can help take care of your health in the future, especially after you retire and will not have other sources of income other than the savings in your CPF Accounts. You can use these savings not only to pay for your hospitalization and medical bills but also those of your loved ones.

    Central Provident Fund
    CPF Accounts
    CPF Schemes
    CPF Withdrawals
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