Sammy
The MediSave Bonus is a one‑off savings top‑up from the Singapore government, aimed at easing healthcare costs and boosting retirement savings.
Under the recent Majulah Package and Assurance Package, Singaporeans born before 1974 received generous bonuses in December 2024, with further enhancements rolling out in 2025.
What Is the MediSave Bonus?
The government introduced the MediSave Bonus under the Majulah Package to boost retirement and healthcare adequacy. Eligible seniors receive a one-time deposit to their MediSave accounts, aiding in covering:
- MediShield Life premiums
- Outpatient and inpatient medical expenses
- Elderly care and future treatment costs
Who Qualifies for the 2025 MediSave Bonus?
Eligibility for the 2025 MediSave Bonus depends on age group and residential Annual Value (AV). There are two main categories:
Majulah Package Seniors (born in 1973 or earlier):
- Receive one-time bonus of $1,250 or $2,000, depending on age and home AV.
Young Seniors & Merdeka Generation (born 1950–1973) with lower MediSave balances:
- Receive an additional $500 top-up in 2025, complementing earlier December 2024 bonuses.
When Will the MediSave Bonus Be Credited?
The payout schedule is as follows:
- December 2024: Initial Majulah Package payout (already disbursed)
- July 2025: 300,000 Pioneer Generation seniors will receive enhanced top‑ups of up to $1,400 depending on birth year and health status
- Third quarter 2025: Young Seniors and Merdeka Generation $500 bonus top‑ups to aid rising MediShield Life premiums
How Much Can You Expect?
| Group | Bonus Amount |
|---|---|
| Majulah Seniors (born ≤1973) | $1,250 or $2,000 |
| Young Seniors/MG with low balances | Extra $500 in 2025 |
| Pioneer Generation tops up (July 2025) | $300 – $1,200 (+$50–$200) |
Example: A Pioneer aged ≥ 91 could receive a total of $1,400 in July 2025.
How Are Funds Used?
The bonus is credited to your MediSave Account, usable for:
- MediShield Life premiums
- Approved inpatient and outpatient treatments
- CHAS clinic bills (if aged 60+ via Flexi‑MediSave)
- Future healthcare expenses
Why It Matters
- Helps offset rising MediShield premiums introduced since April 2025
- Supports healthcare savings, especially for seniors with limited MediSave balances
- Complements other schemes like the Matched MediSave Scheme (MMSS) launching 2026
What You Should Do
- Check eligibility via Gov.sg or CPF Board announcements
- Monitor payout notifications—SMS or letter
- Verify MediSave balance after payout
- Plan medical expenses using the bonus efficiently
The MediSave Bonus for 2025 is a meaningful boost for seniors’ healthcare readiness. With payouts ranging from $500 to $2,000, and additional Pioneer top-ups coming in July, ensure you’re prepared. Verify your entitlements via Singpass and CPF channels to benefit fully.
FAQs
Q1: Do I need to apply for the MediSave Bonus?
No. Payouts are automatic for eligible Singaporeans—check notifications via SMS or letter.
Q2: Can I use the bonus for outpatient medical bills?
Yes. Flexi‑MediSave allows users aged 60+ to withdraw up to $300 annually starting April 2025.
Q3: How does this relate to the Matched MediSave Scheme?
The MMSS, starting 2026, will match voluntary top-ups (up to $1,000/year), complementing the one‑time MediSave Bonus .