Personal Finance
Is CPF really that bad? (Part 3 – Healthcare)
By FinancialVeracity  •  July 17, 2017
What does Medisave do? “Medisave is a national savings scheme which helps CPF members save for future medical expenses, especially after retirement.” – CPF.GOV.SG What can you do with your Medisave account? Use it at all public healthcare institutions, and approved private hospital and medical institution – Click here if you want to know which specific one Benefits of Medisave?
  1. Use it for yourselves (of course) and for you family members
  2. For all medical issues
    • “The Medisave Withdrawal Limits are generally enough to pay for the charges incurred by a patient staying in a Class B2/C ward in a restructured hospital. If you decide to stay in a higher class ward or a private hospital, you may have to pay part of the bill in cash. It is therefore important to choose a ward or medical institution that you can afford. For a rough estimate on the ...
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By FinancialVeracity
24 and on a constant lookout to improve my financial literacy in order to achieve “Financial Independence”. The sole purpose of writing this blog is to give whatever little financial knowledge I have to everyone.
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