MediSave Contribution

How can I top up my MediSave account? For Salaried Employees  For salaried employees who receive a regular monthly income, your employer is required to make a deposit at the end of each month into your CPF contributions, which includes your MediSave Account. Once your salary comes in each month, you will be able to … Read more

What is the MediSave limit

Is there a maximum amount that I can save in my MediSave Account? You can save up to the prevailing Basic Healthcare Sum (BHS) in your MediSave Account if you have not turned age 65. The BHS from 1 January 2022 is $66,000 for all CPF members aged 65 years old and below in 2022. … Read more

What is MediSave?

MediSave is Singapore’s national medical savings scheme that helps Singapore Citizens and Permanent Residents set aside a portion of their monthly income to pay for their own or their immediate family’s medical care expenses. This includes hospitalisation fees, outpatient or day surgery expenses, and even healthcare needs for the elderly.  Unlike other financial assistance schemes … Read more