Why is the purpose of Medisave?
I don't know about what others feel, but Medisave is
My Money put aside for my/my family medical usage....
Do you know that there is a quota on what Medisave can use for each year?
My dad have to go for Physiotherapy every week. Payment partial by cash and through my medisave. This week, the community hospital called up that i have exceed the quota set, and i have to foot the outstanding bill in cash and susequent payment until start of next year?
Called up CPF Board.....
Har...
But i have money in my CPF Medisave?
Sorry Sir, the CPF ruling each patient is can only withdraw up to $1500 per year for the current usage. Can i get my sibiling to pay via CPF then?
No sir, it is per patient. Does that mean even i have money in CPF Medisave, i can't use it for my own medical bill.
YES..WTF do we have to forcefully part away with our hard earn money with CPF and can't use the money for our Medical bills? Further it is for medical reasons, not taking the money for investment or some other reasons?