Flexi-Medisave to cut out-of-pocket medical costs for the elderly
It will be introduced in the outpatient setting starting April.
The Flexi-Medisave program will be introduced in the outpatient setting starting April 2015 to allow the elderly to use their Medisave more flexibly and further reduce their out-of-pocket costs for outpatient medical care.
Flexi-Medisave will provide support by allowing Singaporeans aged 65 and above to use up to $200 of their Medisave a year, for outpatient medical treatments at public sector specialist outpatient clinics (SOCs), polyclinics, and General Practitioner (GP) clinics under the Community Health Assist Scheme (CHAS).
Under the program, each patient can use up to $200 of Medisave per year. This amount of money can be drawn from the patient’s own Medisave account, or his spouse’s, if she is also aged 65 or above. The total amount is capped at $200 a year for each patient.