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Medical savings account (MSA) refers to an account in which tax-deferred deposits can be made for medical expenses.

Contents 1 In Singapore 2 In China 3 In the United States 4 See also 5 External links 6 References

[edit] In Singapore

Medisave (Chinese: 保健储蓄) was introduced in April 1984 as a national medical savings system for Singaporeans. The system allows Singaporeans to put aside part of their income into a Medisave account to meet future personal or immediate family's hospitalization, day surgery and for certain outpatient expenses.

Under this system, Singaporean employees contributes 6-8% (depending on age group) of their monthly salaries to a personal Medisave account. The savings can be withdrawn to pay the hospital bills of the account holder and his or her immediate family members.

[edit] In China

In December 1994, China began a pilot study of medical savings accounts in the cities of Zhenjian and Jiujiang.^[1]

China has planned to expand the program.^[1]

[edit] In the United States

United States has two medical savings account programs:

• Medical savings account (United States)
• Health savings account

[edit] See also

• Health care systems

[edit] External links

• Medical Savings Accounts: Lessons Learned from Limited International Experience (2002) by World Health Organization

[edit] References