How much can I use Medisave for day surgery?

Can I use MediSave for outpatient treatment?

MediSave can be used for selected outpatient treatments at specific MediSave-accredited medical institutions, subject to the relevant withdrawal limits. You may refer to the full list of outpatient treatments (PDF, 0.3MB) that can be paid using MediSave and the relevant withdrawal limits.

Can I use my MediSave to pay for my hospital stay?

MediSave can be used to make co-payment for your hospital bills after subsidy and MediShield Life. This usage is subject to MediSave withdrawal limits, which strike a balance between alleviating the cost of your current treatments, and ensuring you have sufficient savings for your healthcare needs in retirement.

What is the cap limit for MediSave?

MediSave

Age in 2021 Year when cohort turned age 65 Cohort BHS (fixed for life)
66 2020 $60,000
67 2019 $57,200
68 2018 $54,500
69 2017 $52,000

Can I use MediSave for A&E?

The objective of MediSave is primarily to help Singaporeans with large medical bills due to hospitalization and surgeries, after subsidies and MediShield Life. … In line with the above, A&E fees are claimable from MediSave if the patient is subsequently admitted.

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Can MediSave be use for day surgery?

You can use Medisave to help pay your hospitalisation and surgery bills, up to $450 per hospitalisation day or $300 for stays during day surgeries. For the surgery itself, between $250 and $7,550 can be used from Medisave, depending on the complexity of the surgery.

Can MediSave pay for MRI?

For cancer patients, you can claim up to $600 per year from your MediSave account to pay for your outpatient MRI scans, CT scans, and other diagnostics relating to your cancer treatment. For the diagnosis or treatment of a medical condition, you can claim up to $300 per year per patient from your MediSave account.

Can I use MediSave for full body checkup?

Can I use my MediSave for them? You can use your MediSave savings to pay for your own or your approved dependants’ outpatient scans or health screenings at the participating medical institutions. Approved dependants refer to your spouse, children, parents, grandchildren and siblings.

How much MediSave do I need to contribute?

If you earn $3,000 a month ($36,000 a year) you have to contribute between 8.0% and 10.5% to your MediSave Account, depending on your age. This amounts to $2,880 to $3,780. If you earn $6,000 a month ($72,000 a year) or more, you will only have to contribute up to the maximum amount.

What happens to MediSave after death?

Your Medisave balance will be used in full to pay your last hospitalisation bill if you have authorised the use of your Medisave to pay the bill before your demise. The remaining Medisave balance, after the payment of the last medical bill, will be distributed to your nominees upon your death.

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How do I reimburse employee MediSave?

If medical costs were paid by your employee using cash, MediSave or MediShield, you must reimburse payment in the following order:

  1. Reimburse the cash portion.
  2. Reimburse the MediSave portion directly into your employee’s MediSave account.
  3. Reimburse the MediShield portion directly to the MediShield insurer.