• CPF Medisave Healthcare Scheme

    This scheme is a national medical savings scheme introduced by the CPF that allows you to save a portion of your income in your Medisave Account for the following purposes:

    • Your future hospitalization.
    • Your immediate family member’s future hospitalization.
    • Day surgeries.
    • Cover for select outpatient expenses.

    The savings in your Medisave Account are primarily meant to cover your medical expenses after you retire. Every month, a portion of your salary will be credited into your MA.

    Medisave for Self-Employed – If your NTI, or Net Trade Income, is above SS$6,000, you must make contributions to your Medisave Account.

    Who is eligible to make contributions to Medisave Accounts?

    You are eligible to make contributions to your Medisave Account if you satisfy one of the following eligibility criteria:

    • You are a Singapore Citizen.
    • You are a 3rd year Singapore Permanent Resident and earning a minimum of SS$750 each month.

    How much of your income is contributed to your Medisave Account

    Table 1: Find below the allocation rates of your income into various CPF Accounts

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

    Note: You will be considered 35 years/45 years/50 years/50 years/55 years/55 years/60 years/65+ years of age on the respective birthday month.

    Using Medisave Account (MA)

    Where to use it?

    • ALL Singapore based public healthcare institutions.
    • ALL approved medical institutions and private hospitals in Singapore.

    Who to use it for?

    • Yourself.
    • Your family members (immediate): spouse, parents, children, grandparents.
    • Your immediate family members can be hailing from any nationality with the exception of your grandparents who have to either be Singapore Citizens or Singapore Permanent Residents to be eligible for using your Medisave Account savings.

    What to use it for?

    You can use the savings in your Medisave Account for paying for your medical care as well as hospital expenses up to your eligible Medisave Withdrawal Limit.

    Table 2: The Medisave Withdrawal Limits for different treatments

    TREATMENT MEDISAVE WITHDRAWAL LIMITS
    Acute Care
    Day Surgeries (Approved)
    • S$300 for each day +
    • Select Surgical limits (check the Table of Surgical Procedures for more information).
    Inpatient hospitalization (psychiatric treatment purpose only)
    • S$150 for each day.
    • Max. amount of S$5,000 for each year.
    Inpatient hospitalization
    • S$450 for each day +
    • Select Surgical limits (check the Table of Surgical Procedures for more information).
    Rehabilitative Care
    Day rehabilitation centres
    • S$25 for each day
    • Max. amount of S$1,500 for each year.
    Approved community hospital stay
    • S$250 for each day
    • Max. amount of S$5,000 for each year.
    Approved convalescent hospital stay
    • S$50 for each day.
    • Max. amount of S$3,000 for each year.
    End-of-Life Care
    Day hospice care or Home palliative care
    • S$2,500 per person per lifetime
    • This withdrawal limit will be shared between the day hospice care and the home palliative care.
    If you or your family member is diagnosed with terminal cancer/end stage organ failure, there will no withdrawal limit in case you pay the bill with your own Medisave Account.
    Approved hospice stay
    • S$200 for each day
    Outpatient Treatment
    • Approved chronic conditions.
    • Approved vaccinations.
    • Approved health screening. 
    • Anxiety Asthma. 
    • Bipolar disorder.
    • Benign prostatic hyperplasia (enlargement of the prostate gland).
    • Chronic obstructive pulmonary disease.
    • Certain outpatient screening tests for newborns.
    • Diabetes.
    • Dementia. 
    • Epilepsy.
    • Hearing test.
    • Hypertension (high blood pressure).
    • Hepatitis B vaccination. 
    • HPV vaccinations for ages between 9 and 26 years who are females.
    • Lipids disorders (e.g. high cholesterol).
    • Major depression.
    • Nephrosis/nephritis (chronic kidney disease).
    • Measles, Mumps and Rubella (MMR), Diphtheria, Tuberculosis (BCG), Pertussis and Tetanus (DTaP/Tdap), Influenza Type B (Hib), Haemophilus,  Poliomyelitis,
    • Metabolic screening.
    • Osteoarthritis (degenerative joint diseases).
    • Osteoporosis. 
    • Parkinson's disease. 
    • Pneumococcal vaccinations for children under the age of 6 years. 
    • Pneumococcal and Influenza vaccinations for those having high risk to develop severe pneumococcal disease and complications relating to influenza respectively.
    • Psoriasis.
    • Rheumatoid Arthritis.
    • Schizophrenia.
    • Stroke.
    • Screening mammograms for women of 50 years +. 
    • Screening test for G6P deficiency.
    • Thyroid function test.
    • S$400 for each year for each account.
    • 15% Cash copayment is applicable for treatments under chronic conditions that have been approved.
    Flexi-Medisave: Applicable to elderly members who are 65 years and above).
    • Max. amount of S$200 for each year for each patient.
    • Only applicable if you or your spouse use your respective Medisave Account for the treatment of the related patient.
    Outpatient scans/ Diagnostics for treating cancer. Max. amount of S$600 for each year for each patient.
    Outpatient scans for diagnosing/ treating medical conditions. Max. amount of S$300 for each year for each patient.
    Treatment of Renal dialysis
    • S$450 each month for each patient.
    • Patient must use their own Medisave Account. If the patient is 18 years and below, the patient's parents' Medisave Account can be used.
    Assisted conception procedures
    • First withdrawal - S$6,000 
    • Second withdrawal - S$5,000 
    • Third withdrawal onwards - S$4,000
    • The limit of S$15,000 for each patient is applicable for life.
    • Only applicable if you or your spouse use your respective Medisave Account for the treatment of the related patient.
    Radiotherapy •Brachytherapy with external radiotherapy    • Brachytherapy without external radiotherapy •External Radiotherapy    • Stereotactic radiotherapy • Superficial X-ray    • S$300 for each treatment • S$360 for each treatment • S$80 for each treatment • S$2,800 for each treatment • S$30 for each treatment
    Outpatient radiosurgery treatment  (Gamma Knife treatment for cancer and Novalis radiosurgery treatment). • S$7,500 for each treatment +
    • S$300 each day for hospitalization charges.
    Chemotherapy (includes suppressive treatments including nuclear medicine and neuroendocrine treatments and analgesic medication) S$1,200 each month for each patient
    Treating Thalassaemia: Desferrioxamine drug/blood transfusion
    • S$350 each month for each patient.
    Anti-retroviral drugs for treatment of HIV/ AIDS (includes drugs used to treat opportunistic infections)
    • S$550 each month per patient
    Patient must use their own Medisave Account. If the patient is 18 years and below, patient's parents' Medisave Account can be used.
    Renting devices for long-term oxygen therapy + continuous positive airway pressure therapy for infants. S$75 each month for each patient
    Outpatient intravenous antibiotic treatment
    • S$600 for each weekly cycle.
    • Max. amount of S$2,400 for each year.
    Hyperbaric oxygen therapy S$100 for each treatment.
    Immuno-suppressant drugs for treating organ transplant. S$300 each month for each patient.

    Transferring funds to Medisave Account from other Accounts under CPF

    You can apply to the CPF Board for the transfer of funds from your OA or Ordinary Account and SA or Special Account to your MA only if you haven’t yet met your BHS or Basic Healthcare Sum.

    You are eligible for this transfer if:

    • You are 55 years+ and
    • You have the Basic Retirement Sum or BRS/ Full Retirement Sum or FRS + enough property pledge/charge in your RA or Retirement Account.

    Once you have transferred your funds, you can start using them for all Medisave eligible payments.

    What you should know about Medisave Transfer:

    • Once you transfer your funds, it cannot be undone, meaning you cannot transfer the funds from your MA back to other CPF Accounts.
    • No tax relief is applicable for your transfer.
    • Self-employed persons – You cannot use the transferred amount in your MA for offsetting any remaining Medisave liabilities.

    Does savings is Medisave Account (MA) cover ALL medical expenses?

    Even with Medisave Withdrawal Limits in place, usually your Medisave Account savings can cover complete medical expenses if you stay in a Class B2 or C ward in any restructured hospital. However, if you wish to choose any higher class wards or stay in private hospitals, your MA savings will only cover part of your medical expenses. You will be made liable to pay the remaining hospital bill by cash on your own. Knowing this, you must choose your stay in a ward wisely and preferably one that you will be able to afford.

    What happens when you do not have sufficient savings in your Medisave Account (MA) to pay your medical bills?

    If there is not sufficient balance in your MA to pay your medical bill, as an alternative, you can make the balance payment by cash. However, if that is not a suitable option for you, you can choose from one of the following:

    • Use your immediate family member’s MA savings up to the Medisave Withdrawal Limit.
    • You can also use the MA savings of a non-immediate family if you are staying in a Class B2 or C ward in a restructured hospital.

    Applying to use savings in your Medisave Account (MA)

    Applying to use your Medisave savings for medical fees:

    The first step is that you must inform your medical institution you wish to claim Medisave either during discharge or billing. You then have to sign the MCAF or the Medical Claims Authorization Form that will allow the medical institution for using the savings in your MA for the bill payment.

    After processing your payment, the CPF Board will provide you with a Medisave Claims Statement containing the following:

    • The medical institution’s name.
    • The patient’s name.
    • Amount deducted/used from your Medisave Account.
    • The balance in your Medisave Account.

    Please note that the medical institution must also take care of the following:

    • Inform the patient/you regarding the bill incurred.
    • Check the name of the Medisave Account holder (in this case it is you).
    • Provide information regarding the amount that they have deducted/used from your Medisave Account.
    • Inform the patient/you regarding any unpaid bills.

    What happens if the person authorized to sign the MCAF passes away prior to signing the form?

    Under such a circumstance, the following members can sign the deceased person’s MCAF:

    • An immediate family member (parent/spouse/child of minimum 21 years of age).
    • A donee whom the deceased person has appointed.
    • Court appointed deputy according to the Mental Capacity Act.

    In an event that none of the above are applicable, the hospital can help you seek approval from the MOH or Ministry of Health.

    5 Year Medisave Top-Up

    The 2014 budget announced the 5 Year Medisave Top-Up as a way of helping members aged 55 years and above with healthcare needs in an event that they do not/did not receive any Pioneer Generation benefits.

    In 2015, S$93,000 million was deposited in the Medisave Accounts (MA) of Singaporean Citizens under the 5 Year Medisave Top-Up Scheme.

    Savings in your Medisave Account can help you and your immediate family members in paying for large hospital bills, day surgeries and treatments, thereby reducing your medical expenses to a great extent. Hospitalization on its own can be extremely strenuous, your Medisave Account savings can help reduce some of the financial stress during such dire times. 

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