Wednesday 30 October 2013

Lucky me.....for being able to use Medisave and qualifying for subisdy

This is what H and I qualify for!


1) Co-fund for Assisted Reproduction Technology @ Restructured Hospitals

ART co-funding parameters per treatment cycle (with effect from 1 Jan 2013)
SC-SC Couple
SC-PR Couple
SC-Foreigner Couple
Fresh
75%; up to $6,300
55%; up to $4,600
35%; up to $3,000
Frozen
75%; up to $1,200
55%; up to $900
35%; up to $600


As this is our first fresh cycle as a SC-SC couple, we qualify for a subsidy of 75%, up to $6300. This is really cool cos it saves us the total amount of $6300! Gosh.....

For more info, this is where you can read up about Co-Fund for Assisted Reproduction Technology (ART) at Restructured Hospitals

Note:
1) It only applies to Restructured Hospitals like KKH, NUH etc
2) It is only for 3 fresh and 3 frozen cycles
3) There are conditions such as age
4) It does not cover the total cost of IVF. Out pocket expenses maybe about $2000-$3000?
5) I am monitoring my bill. I read somewhere that medication is subsidy of 50%.
6) You cannot use it for IUI.


2) Medisave for Assisted Conception Procedures

1st cycle - $6,000
2nd cycle - $5,000
3rd and subsequent cycles - $4,000 (with effect from 1 Oct 2013)

Note:
1) There is a lifetime Medisave withdrawal limit of $15,000 per couple
2) You can use it for IUI but it might not be worth cos IUI is around $2000.














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