Increase in Medisave Withdrawal Limits
- Mr Sitoh Yih Pin asked the Ministry of Health to consider increasing Medisave withdrawal limits to allow for greater use of Medisave balances.
- The Ministry explained that Medisave is designed to cover hospitalisation and selected outpatient treatments, with careful balance needed to avoid premature depletion of funds over a lifetime.
- Current withdrawal limits are generally sufficient for most subsidised hospital bills, and recent revisions have increased limits for certain outpatient treatments.
- The Ministry noted that limits help prevent over-consumption and moderate cost escalation, with financial assistance available for those who still face difficulties.
- The Ministry regularly reviews the Medisave scheme to ensure its continued relevance.