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  1. www.cpf.gov.sg › member › faqCPFB | What is the Basic Healthcare Sum?

    The Basic Healthcare Sum (BHS) is the estimated savings required in your MediSave Account for basic subsidised healthcare needs in old age. Scheduled Maintenance: CPF digital services will not be available on 23 Jun 2024, from 12am to 5am.

  2. www.cpf.gov.sg › member › faqCPFB | Basic Healthcare Sum - Central Provident Fund Board (CPFB)

    How is the Basic Healthcare Sum determined? Why is the Basic Healthcare Sum adjusted yearly? What is the Basic Healthcare Sum when I turn 65 years old? Do I have to top up my MediSave Account to the Basic Healthcare Sum if I withdraw my CPF savings from age 55?

  3. dollarsandsense.sg › cpf-medisave-heres-basic-healthcare-sum-might-look-likeCPF Medisave: Here's How Your Basic Healthcare Sum Might Look...

    May 16, 2024 · What Is The Basic Healthcare Sum (BHS)? The Basic Healthcare Sum (BHS) in 2024 is $71,500, 4.4% higher than the $68,500 level set in 2023. This caps the amount of money we can have in our Medisave Account.

  4. www.moh.gov.sg › news-highlights › detailsMOH | News Highlights - Ministry of Health

    Jan 1, 2024 · Basic Healthcare Sum for 2024 The Basic Healthcare Sum (BHS) is the estimated savings required for basic subsidised healthcare needs in old age. The BHS is adjusted yearly for members below age 65 to keep pace with the growth in MediSave use.

  5. www.hdb.gov.sg › about-us › news-and-publicationsHDB | Joint Press Release by CPF Board, HDB and MOH - CPF...

    Basic Healthcare Sum for 2024 The Basic Healthcare Sum (BHS) is the estimated savings required for basic subsidised healthcare needs in old age. The BHS is adjusted yearly for members below age 65 to keep pace with the growth in MediSave use.

  6. ask.gov.sg › cpfHealthcare financing - CPF

    The Basic Healthcare Sum (BHS) is the estimated savings you need in your MediSave Account for your basic subsidised healthcare needs in old age. For CPF members below age 65, the BHS will be adjusted annually to keep pace with the expected growth in MediSave use by the elderly.

  7. blog.moneysmart.sg › healthcare › medisave-basic-healthcare-sumUnderstanding Your MediSave Account in 2024 & How to Make the...

    Apr 24, 2024 · MediSave Account: Used primarily for healthcare and medical bills, private insurance premiums and upgrading your public healthcare schemes such as the MediShield Life (covering costly outpatient and inpatient treatments for mental illnesses) or ElderShield (for severe disabilities).

  8. www.turtleinvestor.net › cpf-71500-basic-healthcare-sum-bhs-2024CPF News – $71,500 Basic Healthcare Sum (BHS) For 2024

    Dec 6, 2023 · The Basic Healthcare Sum is the estimated savings required for basic subsidised healthcare needs in old age. BHS is $71,500 for 2024.

  9. ask.gov.sg › cpf › questionsWhat is the Basic Healthcare Sum when I turn 65 years old?

    For each cohort turning 65 years old, their applicable Basic Healthcare Sum (BHS) will be fixed at that year's amount for the rest of their life. For instance, if you are aged 65 in 2024, the BHS applicable to you is $71,500 and it will remain unchanged for the rest of your life.

  10. dollarsandsense.sg › cpf-contributions-hit-basic-healthcare-sum-bhs-cpf-medisaveWhat Happens To Your CPF Contributions When You Hit Your Basic...

    Jan 22, 2024 · This limit is known as the Basic Healthcare Sum. With that, the current 2024 BHS is set at $71,500. This amount is expected to provide for our basic subsidised healthcare needs in our old age, as well as our MediShield Life premiums. MediSave also allows us to pay for other national insurance schemes such as CareShield Life and ElderShield Life.