CPF for Healthcare

A portion of our CPF contribution goes to our Medisave Account.

Medisave

• a national savings scheme which helps individuals put aside a part of their income in their Medisave Accounts to meet their personal or their dependants' (spouse, children, parents, grandparents) hospitalization expenses, especially after retirement
• On 1 July 2009, the Medisave Minimum Sum was increased from $29,500 to $32,000.

Medisave Contribution Ceiling

• the maximum amount that you are required to contribute and maintain in your Medisave Account.
• From 1 July 2009, the Medisave Contribution Ceiling is $37,000 and any Medisave contributions in excess of the Medisave Contribution Ceiling will be transferred from the Medisave Account to the Special Account for members aged below 55, and to the Retirement Account for members aged 55 and above, who do not meet the CPF Minimum Sum. For those who have set aside the full CPF Minimum Sum, the excess CPF contribution will be transferred from the Medisave Account to the Ordinary Account.

Medisave Minimum Sum 

• the amount you need to retain in your Medisave Account whenever you make a withdrawal of CPF savings (e.g. at age 55, 56, etc). 
• will ensure that you set aside enough savings to meet your future healthcare expenses. 
• The amount from 1 July 2009 is $32,000 and it is adjusted every July of the year. 
• Any amount in excess of the prevailing Medisave Minimum Sum can be withdrawn.

Medisave Required Amount 

• the amount that you are required to have in your Medisave Account after meeting the CPF Minimum Sum. 
• If you do not have at least the prevailing Medisave Required Amount, you may transfer your Ordinary/Special Account balances to your Medisave Account to meet the Medisave Required Amount before you can withdraw the savings in your Ordinary/ Special Account(s).

How much of the Medisave can be used to cover hospital bills?

• subject to the prevailing Medisave withdrawal limits which are intended to preserve members' Medisave from being depleted too fast so as to conserve it for their future hospitalisation needs.
• For a hospitalisation claim, the patient must have stayed in the hospital for at least 8 hours (unless the patient is admitted for day surgery) or died within 8 hours of being hospitalised.
• Medisave covers up to 

- $450 per day for daily hospital charges. This includes a maximum of $50 for doctor's daily attendance fees; and

- a fixed limit per table of surgical operations.

• for more details on Medisave withdrawal limit

Medisave for maternity expenses

• to pay the delivery and pre-delivery medical expenses incurred for the delivery of the first 4 living children of the mother on or after 1 August 2004.
• can be used for the delivery and pre-delivery expenses incurred for the delivery of the fifth and subsequent child of the mother on or after 1 August 2004, if both parents have a combined Medisave balance of at least $15,000 in the Medisave accounts at the time of delivery
• The patient can use her own, spouse and/or immediate family members’ Medisave to pay the delivery and pre-delivery expenses. Immediate family members include patient’s parents and children.
• The pre-delivery expenses have to be claimed under the Medisave Maternity Package. However, post-natal consultation fees cannot be claimed under Medisave.

Medisave Maternity Package

• a package that allows Medisave to be used to pay expenses incurred during delivery and pre-delivery medical expenses such as consultations, ultrasounds, tests, medications etc. 
• Prior to 1 August 2004, Medisave cannot be used for pre-delivery expenses.
• to make a withdrawal, you will have to present the bills incurred for the pre-delivery medical care to the hospital where your newborn is delivered. The hospital will submit these bills, together with the bill for the delivery expenses, for a Medisave claim under the Medisave Maternity Package.
• you can withdraw Medisave for pre-delivery medical expenses as well as delivery expenses and daily hospital charges
• Medisave Withdrawal Limit depends on the delivery procedure (e.g. caesarean or vaginal delivery), to pay the pre-delivery medical expenses as well as the delivery expenses

How do I make a claim from Medisave for outpatient treatments?

1. Inform the clinic that you wish to use Medisave to pay for your outpatient treatment. The staff will then ask you for your NRIC/Passport or CPF Membership Card. If you are paying for your family member, please also produce the patient’s NRIC/Passport.
2. The clinic may require information on how much Medisave is available for payment of the outpatient treatment. You will be able to obtain this information by logging in to my cpf Online Services - My Statement, with your SingPass.
3. You and the patient (if applicable) will then need to sign a Medisave Authorisation Form to allow CPF Board to use your Medisave to pay the outpatient treatment bill.
4. If your employer or insurer is paying for your outpatient treatment, please bring along your Letter of Guarantee or Employer Identity Pass (i.e. if your clinic already has an existing arrangement with your employer or insurer).

Upon admission:

1. Please inform the hospital staff that you wish to use Medisave to pay the hospital bill. The staff will then ask you for your NRIC/Passport or CPF Membership Card. If you are paying for your family member, please also produce the patient's NRIC/Passport.
2. You will then need to sign a Medisave Authorisation Form to allow the CPF Board to pay the hospital bill from your Medisave Account.
3. If your employer or insurer is paying your bill, please bring along your Letter of Guarantee or Hospitalisation Identity Card.