moh.gov.sg Medisave Scheme Singapore : Ministry of Health
Organization : Ministry of Health
Scheme Name : Medisave Scheme
Country : Singapore
Website : https://www.moh.gov.sg/content/moh_web/home.html
Details Here : https://www.moh.gov.sg/content/moh_web/home/costs_and_financing/schemes_subsidies/medisave.html
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MOH Medisave Scheme
Medisave is a national medical savings scheme which helps individuals put aside part of their income into their Medisave Accounts to meet their future personal or immediate family’s hospitalization, day surgery and certain outpatient expenses.
Related / Similar Status :
MOH Subsidies for Acute Inpatient Care at Public Healthcare Institutions
Medisave Uses & Withdrawal Limits
An account holder may use his Medisave to pay for the hospitalisation and certain outpatient expenses incurred at any hospital in Singapore. He may use his Medisave savings for himself and as well as his immediate family members.
Medisave can be claimed only if the patient is admitted to the hospital for at least 8 hours (unless the patient is admitted for day surgery).
Health Screening
Health screening enables you to find out if you have a particular disease or condition even if you do not have any symptoms and/or signs of disease.
Screening Mammograms :
Women aged 50 and above can use their own or their immediate family member’s Medisave for their screening mammograms at approved mammogram centres. Under the Medisave400 scheme, up to $400 per Medisave account a year can be used for screening mammograms.
The Screening Test Review Committee (STRC) from the Academy of Medicine, Singapore (AMS) recommended that asymptomatic women aged 50 and above go for regular mammograms every two years to screen against breast cancer.
Women aged 50 and above who suffer from lobular carcinoma in-situ (LCIS) and atypical ductal hyperplasia (ADH) are recommended to go for screening mammogram yearly.
Chronic Diseases
Chronic diseases are a significant cause of illness and death in Singapore. Find out more on how you can use Medisave to help pay part of the outpatient cost. Chronic diseases are a significant cause of illness and death in Singapore. This is a phenomenon common to all developed countries.
If not properly managed, these conditions often lead to more serious complications. Many patients begin treatment late and only when severe complications arise.
They end up going to multiple specialists for treatment of their many problems and may have to be hospitalized. Not only do they suffer significant pain, high medical costs are incurred as well.
Marriage & Parenthood
With the Medisave Maternity Package (MMP), parents can use their Medisave for delivery expenses and pre-delivery medical expenses such as consultations and ultrasound.
Contributing to Medisave
Under the scheme, every employee contributes 8% – 10.5% (depending on age group) of his monthly salary to a personal Medisave account. The savings can be withdrawn to pay the hospital bills of the account holder and his immediate family members.
For The Self-Employed
Self-employed persons who earn more than $6,000 a year in net trade income are required to contribute to Medisave. Contributions to Medisave are based on the previous year’s net trade income.
The amount of Medisave self-employed persons are calculated based on net trade income and the person’s age. Details of Medisave contribution for the self-employed can be found on the CPF Board’s website.
Medical Claims Authorisation Forms
From 30 June 2015, use the Medical Claims Authorisation Forms (MCAF) to make withdrawals from your Medisave account, claims from MediShield Life and/or your Integrated Shield Plans (IP) for your medical expenses.