MediSave
E805990
MediSave is Singapore’s compulsory national medical savings scheme that allows individuals to set aside part of their income to pay for their own and approved dependants’ healthcare expenses.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
medical savings scheme
ⓘ
national healthcare financing scheme ⓘ |
| administeredBy |
Central Provident Fund Board
NERFINISHED
ⓘ
Ministry of Health Singapore NERFINISHED ⓘ |
| appliesTo |
Permanent Residents of Singapore
NERFINISHED
ⓘ
Singapore Citizens NERFINISHED ⓘ |
| canPayFor |
account holder’s healthcare expenses
ⓘ
approved dependants’ healthcare expenses ⓘ children’s healthcare expenses ⓘ grandparents’ healthcare expenses ⓘ parents’ healthcare expenses ⓘ spouse’s healthcare expenses ⓘ |
| contributionMechanism |
credited into individual MediSave Account
ⓘ
percentage of monthly wages ⓘ |
| country | Singapore ⓘ |
| fundedBy |
employee contributions
ⓘ
employer contributions ⓘ |
| hasAbbreviation | CPF MediSave Account NERFINISHED ⓘ |
| hasFeature |
account balance cap (Basic Healthcare Sum)
ⓘ
annual withdrawal limits ⓘ procedure-specific withdrawal limits ⓘ |
| hasType |
compulsory scheme
ⓘ
individual medical savings account ⓘ |
| introducedBy | Government of Singapore NERFINISHED ⓘ |
| language | English ⓘ |
| languageVariant | 公积金保健储蓄计划 ⓘ |
| legalBasis | Central Provident Fund Act (Singapore) NERFINISHED ⓘ |
| linkedScheme |
CareShield Life
NERFINISHED
ⓘ
Integrated Shield Plans NERFINISHED ⓘ MediFund NERFINISHED ⓘ MediShield Life NERFINISHED ⓘ |
| partOf | Central Provident Fund system NERFINISHED ⓘ |
| purpose |
encourage savings for medical needs
ⓘ
pay for healthcare expenses ⓘ reduce out-of-pocket medical payments ⓘ |
| region | Singapore NERFINISHED ⓘ |
| sector | healthcare financing ⓘ |
| startDate | 1984 ⓘ |
| usedFor |
ElderShield or CareShield Life premiums subject to limits
ⓘ
Integrated Shield Plan premiums subject to limits ⓘ MediShield Life premiums ⓘ approved long-term care schemes subject to limits ⓘ certain outpatient treatments ⓘ chronic disease management under approved schemes ⓘ day surgery expenses ⓘ hospitalisation expenses ⓘ selected vaccinations and screenings ⓘ |
| website | https://www.cpf.gov.sg/member/account-services/medisave ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject surface form:
Ministry of Health (Singapore)