Extension for the use of CPF Medisave

Currently, the CPF member can use his CPF Medisave to pay for his own Medisave-approved insurance and for his family members. The family members are

  • parents,
  • spouse,
  • children and
  • grandparents.

From 1 Jun 2019, the use of the CPF Medisave will be extended to the member’s siblings.

The Medisave-approved insurance are

  • MediShield Life,
  • Integrated Shield Plans (IPs),
  • Eldershield and
  • ElderShield Supplements

Author: Kim Heng

I am currently expanding my team of financial advisers who may or may not have any financial background. Looking for opportunity to work with corporations or any institutions to provide financial literacy to your staff.

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