What is Medisave?
Medisave is a Singapore national savings plan whereby part of your income is put into the medisave cpf account to be used for medical payment for yourself and dependents. Dependents include your grandparents (must be Singaporean/PR), parents, children and spouse. Medisave coverage Medisave can be used for hospital charges including:
Medisave also covers the following hospitalization and approved expenses:
Medisave can also be used to pay for outpatient treatment but there is a withdrawal limit. Please check with CPF website and personnel on the amount that can be deducted. Medisave is usually sufficient for subsidized wards' stay and treatment. For private wards' and private hospital hospitalization, you may have to pay part of the bill in cash. Medisave Claims 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. Click here for a complete list of hospitals and medical institutions participating in the Medisave scheme. The maximum amount of Medisave savings that a member can claim for each hospitalisation, day surgery or outpatient treatment is subject to the Medisave withdrawal limits. Multiple Medisave Accounts can be used to co-pay the hospital bill. However, the same Medisave withdrawal limits will still apply. This means that the Medisave withdrawal limits will not increase with the number of Medisave Account holders paying the bill. This restriction is meant to help members avoid over-using their Medisave savings, so that they have sufficient Medisave savings for their own future healthcare needs. For a member who passed away on or after 1 July 2006 during his/her hospitalisation, he/she can use his/her Medisave savings to pay for the last inpatient hospital bill in full, without being subjected to the existing Medisave withdrawal limits. This is because the need to save for future healthcare needs is no longer relevant. You or your dependants will have to inform the hospital of your intention to claim from Medisave. You or your dependants will need to sign the Medisave Authorisation Form (MAF), which is available from the hospital. The form will be submitted by the hospital after you or your dependants have been discharged. If you are using your child's Medisave to pay for his/her own treatment, you will be required to authorise the withdrawal on your child's behalf. If you did not sign the Medisave Authorisation Form (MAF) and pass away during your hospitalisation, your immediate family members (spouse, parents, or child who is 18 years and above) or committee of person could sign the MAF to use your Medisave savings to pay your last inpatient medical bill. If you do not have any immediate family members or committee of person to sign the MAF, a relative who has been taking care of you may also write in to the Ministry of Health through the hospital to seek approval for him/her to authorise the withdrawal of your Medisave savings to pay your last inpatient medical bill. Upon discharge, you will be given a bill. The hospital will submit a claim from your Medisave account to the CPF Board. You will receive a Medisave Withdrawal Statement showing: -the amount deducted from your Medisave Account; -name of patient for whom you have paid for; -hospital to which patient is admitted; and the -latest balance in your Medisave Account. The hospital will also inform you of the following: -the hospital bill incurred; -the amount deducted from your Medisave Account; -name of Medisave Account holder; -outstanding bill (if any) to be paid by the patient. For more information on Medisave, click here. Information here is taken from the CPF webpage. |
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