newborn-happyHaving a new born baby is the most joyful event in most people’s lives. But we all know the maternity expenses always cost dearly. For the current costs of raising a child, you can check out my recent blog article “Are you spending too much on raising your child in Singapore“.

Anyway, in Singapore, you can use Medisave to pay part of the bills. In fact, the Medisave withdrawal limits will generally be sufficient for you to meet charges incurred as a subsidised patient or in a C/B2 class ward of a restructured hospital. You want to choose to be a private class patient, you would need to co-pay with out-of-pocket cash as the bill charges are usually higher. Therefore, you should choose a hospital or ward that is within your budget.

I have compiled the information below for your reference

What maternity expenses can be claimed under Medisave?

The Medisave Maternity Package (MMP) enables you to use your Medisave for

  1. Delivery expenses
  2. Pre-delivery medical expenses such as consultations and ultrasound

Under this scheme, you may withdraw up to $450 for each day in the hospital, plus an additional $450 and surgical withdrawal limit depending on the type of delivery procedure you undergo.

Below are some examples of how Medisave may be claimed.

EXAMPLES OF MEDISAVE CLAIMABLE UNDER THE MEDISAVE MATERNITY PACKAGE

Delivery ProcedureNo. of days of HospitalisationMedisave Withdrawal Limit under the Medisave Maternity Package (covers delivery and pre-delivery medical expenses)
Example 1:Vaginal delivery(normal)3($450 x 3 days) + ($750 for procedure, i.e. vaginal delivery) + $450Total claimable: Up to $2,550
Example 2:Caesarean delivery(normal)4($450 x 4 days) + ($2,150 for procedure, i.e. caesarean delivery) + $450 Total claimable: Up to $4,400

Medisave can be used starting from the birth of your first child onwards.

However, do note for your fifth and subsequent children, Medisave can only be used if the combined Medisave balance of you and your spouse is at least $15,000 at the time of the delivery. This is to ensure that you have sufficient Medisave for future hospitalisation needs, especially after retirement. This is also a clear signal to tell you “Stop at Four”. 🙂

You may wish to use your own Medisave, your spouse’s or your parent’s Medisave for hospitalisation expenses. Multiple Medisave Accounts can be used to co-pay the hospital bill.

How to claim Medisave for maternity expenses

Medisave may be used at both public and private hospitals.

To claim pre-delivery charges from Medisave, parents just need to present the bills incurred for pre-delivery medical care to the hospital where baby was delivered. The hospital will submit these bills, together with the delivery expenses, for Medisave claims under the Medisave Maternity Package.

What are the withdrawal limits

The Medisave withdrawal limit applicable to each of the Medisave Maternity Package depends on the delivery procedure (e.g. caesarean or normal delivery).

If you do not wish to use Medisave for pre-delivery expenses, you can still withdraw Medisave for the delivery procedure and daily hospital charges. Each delivery procedure has a different withdrawal limit.

Withdrawal limits for Maternity Expenses (on or after 1 June 2009)

Type of Operation

Medisave Limits for Delivery Procedure ($)

Medisave Limits under the Medisave Maternity Package ($)

Vaginal Delivery (Normal)

750

1,200

Vaginal Delivery (Assisted)

1,250

1,700

Caesarean Section (Normal)

2,150

2,600

Caesarean Section (with Tubal Ligation)

2,600

3,050

Caesarean Section (with Hysterectomy)

3,950

4,400

Example for admission (on or after 1 June 2009)

Delivery Procedure

No. of days of Hospitalisation

Medisave Withdrawal under the Medisave Maternity Package ($)

Medisave Withdrawals for Delivery Procedure($)

Vaginal Delivery (Normal)

3

Up to $2,550 Which comprises of: – $1,350 for daily hospital charges; and – $1,200 for Medisave Maternity Package

Up to $2,100 Which comprises of: – $1,350 for daily hospital charges; and – $750 for Delivery Procedure

Caesarean Delivery (Normal)

4

Up to $4,400 Which comprises of: – $1,800 for daily hospital charges; and – $2,600 for Medisave Maternity Package

Up to $3,950 Which comprises of: – $1,800 for daily hospital charges; and – $2,150 for Delivery Procedure

Above are information compiled from government Website which may change from time to time.

Lastly, enjoy a nice video and embark on your parenting journey

You can check out other latest personal finance information and tips here.

About the Author

Ivan Guan is the author of the popular book "FIRE Your Retirement". He is an independent financial adviser with more than a decade of knowledge and experience in providing financial advisory services to both individuals and businesses. He specializes in investment planning and portfolio management for early retirement. His blog provides practical financial tips, strategies and resources to help people achieve financial freedom. Follow his Telegram Channel to join the FIRE community.
The views and opinions expressed in this article are those of the author. This does not reflect the official position of any agency, organization, employer or company. Refer to full disclaimers here.

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