Medisave

This article needs additional citations for verification. Please help by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources:  –  ·  ·  · scholar · JSTOR (December 2020) (Learn how and when to remove this template message)

Medisave (Chinese: 保健储蓄) was introduced in April 1984 as a national medical savings account system in Singapore.^[1] The contribution is mandatory and taken from the monthly Central Provident Fund (CPF) contribution. The system allows Singaporeans to put aside part of their income into a Medisave account to meet future personal or immediate family's hospitalization, day surgery and for certain outpatient expenses.

Under this system, Singaporean employees contributes 6.5–9.0% (depending on age group) of their monthly salaries to a personal Medisave account. The savings can be withdrawn to pay the hospital bills of the account holder and his/her immediate family members.

See also[]

• Healthcare in Singapore

References[]

External links[]

• MediSave

This Singapore-related article is a stub. You can help Wikipedia by .

• v
• t