what is medisave

What is the difference between MediShield and MediSave?

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Medisave is a personal savings account for all Singaporeans to help tackle heavy medical expenses should the need arise in the future. The Medisave account is part of the 3 accounts under our Central Provident Fund (CPF) and is contributed by a withdrawal of a part of our monthly income. More information about Medisave contributions and when we can … Read more

What is the difference between Medisave and MediFund?

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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