Bernard Lim

Medical expenses don’t have to cost you an arm and a leg. Not only are there subsidies for Singapore Citizens and Permanent Residents (PRs), but you can also use MediSave to cover a wide range of healthcare costs. See cpf.gov.sg/HealthcareFinancingWithMediSaveFB

You can access up to $700 per year for chronic disease outpatient treatments and preventive care under the MediSave500/700 scheme. Already used some of it and want to find out how much more you can tap on? Here’s how: cpf.gov.sg/MediSaveBalanceFB

If your medical bills are covered by your company or via insurance, you can be reimbursed after using MediSave to pay. More details here: cpf.gov.sg/MediSaveReimbursementsFB

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With the average healthcare inflation rate steadily increasing year on year, being financially unprepared in the event of an illness or an accident can create a financial burden for you. Being caught off guard means that you would have to pay for unexpected and high medical costs that could potentially wipe out your savings.

Reach out to us today to find out how you can fill in the gaps for your health coverage with health insurance and stay financially prepared for any surprise medical costs!

The source: Smartwealth, 2022

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Expanding your target market with TikTok: Build your brand and engage the TikTok community Yani Moya, a TikTok financial educator and MDRT member from Quezon City, Philippines, talks about TikTok and how financial advisors can use the platform to expand their target market.