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.

All labels observed (3)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf medical savings scheme
national healthcare financing scheme
administeredBy Central Provident Fund Board
Ministry of Health Singapore
appliesTo Permanent Residents of Singapore
Singapore Citizens
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
linked to: MediSave
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
language English
languageVariant 公积金保健储蓄计划
legalBasis Central Provident Fund Act (Singapore)
linkedScheme CareShield Life
Integrated Shield Plans
MediFund
MediShield Life
partOf Central Provident Fund system
purpose encourage savings for medical needs
pay for healthcare expenses
reduce out-of-pocket medical payments
region Singapore
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

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Ministry of Health (Singapore) appliesPolicy MediSave
subject linked to: Ministry of Health Singapore
MediSave hasAbbreviation CPF MediSave Account
linked to: MediSave
MediFund componentOf Singapore healthcare financing system
linked to: MediSave
MediFund relatedTo MediSave