The CPF account that pays for approved medical expenses, MediShield Life premiums, and CareShield Life. Earns the same 4% as Special Account.
The MediSave Account is your CPF healthcare savings — it pays premiums for MediShield Life and CareShield Life, and covers approved medical expenses for you and your immediate family.
Like SA, MediSave earns 4% guaranteed (with an extra 1% on the first S$60,000 combined balance).
For employees under 35, ~22% of each CPF contribution goes to MA. This share grows with age — by 60+, MA receives the lion's share of new contributions since retirement saving has largely shifted to RA.
Self-employed Singaporeans are required to make MediSave contributions even without an employer.
MediSave has a cap — the Basic Healthcare Sum — beyond which contributions overflow into other accounts (SA before 55, RA up to FRS after 55, OA otherwise).
BHS for 2025: S$75,500. It rises annually until you turn 65; from 65, your personal BHS is fixed at the prevailing year's value.
Hitting BHS is a CPF milestone — it means your MediSave is funded for life and additional contributions go to retirement-focused accounts.
Hospitalisation: subject to withdrawal limits per day and per condition. The remaining bill is covered by MediShield Life or your Integrated Shield Plan.
Day surgery and approved outpatient treatments (chronic disease management, chemotherapy, dialysis).
Maternity expenses, including delivery, pre- and post-natal care.
MediShield Life and CareShield Life premiums (automatic deduction).
Integrated Shield Plan base premiums (subject to Additional Withdrawal Limits depending on age).
You can also use MediSave for immediate family members' approved medical expenses.
The CPF account that pays MediShield Life and CareShield Life premiums, plus approved medical expenses for you and immediate family. Earns 4% guaranteed (with the same extra 1% on first S$60,000 combined).
The MediSave cap — S$75,500 for 2025. Once MA hits BHS, new contributions overflow into SA (before 55), RA (from 55 up to FRS), or OA. BHS rises annually until 65, then becomes fixed for life.
Hospitalisation (subject to per-day and per-condition limits), day surgery, approved outpatient treatments (dialysis, chemotherapy, chronic disease management), maternity expenses, and MediShield Life / CareShield Life / IP premiums (subject to caps).
Yes — for approved medical expenses of immediate family (spouse, parents, children, grandparents in some cases). Useful for elderly parents whose own MediSave balance may be insufficient for hospital bills.