Medisave
Medisave is a national medical savings scheme to help individuals put aside part of their income for their personal or family's hospitalization, day surgery and certain outpatient expenses.
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 The savings can be withdrawn to pay the hospital bills of the account holder and his immediate family members. Find out exactly how you are contributing to Medisave here.
Medisave Uses and Withdrawal Limits
For a full listing of the Medisave uses and their corresponding withdrawal limits, please click here.