Short, Simple and Interesting FAQs
Not to be confused with MediSave, MediFund is an endowment fund that helps needy Singaporeans finance their healthcare bills. Even devoid of any private insurance coverage, Singaporeans in need of medical subsidies will always have national healthcare schemes to fall back on. Remarkably, up to 80% of our hospitalisation bill can be taken care of through the … Read more
Medisave Medisave is a national healthcare savings scheme where a portion of your CPF savings goes into the account to help you build up your savings for healthcare purposes. You can use your Medisave to pay for your own and your immediate family members’ hospitalisation payments. You can also use your Medisave savings to pay … Read more
MediFund is an endowment fund set up by the Government. It provides a safety net for patients who face financial difficulties with their remaining bills after receiving Government subsidies and drawing on other means of payment including MediShield Life, MediSave and cash. MediFund Silver and MediFund Junior are carved out from MediFund to provide more … Read more