GSTV MediSave 2026: Eligibility, Expected payouts up to S$450, Payout date

If you’re a senior citizen in Singapore, this is one payout you don’t want to miss. The GST Voucher – MediSave (GSTV – MediSave) is part of the Government’s yearly support package, aimed squarely at helping older Singaporeans cope with rising healthcare costs.

Instead of cash, the money goes straight into your CPF MediSave Account, which means more buffer for hospital bills, insurance premiums, and outpatient care. For most seniors, it’s automatic — no paperwork, no chasing.

What Is GSTV – MediSave, in Simple Terms?

GSTV – MediSave is one of four components under the wider GST Voucher Scheme. While other parts help with daily expenses and utilities, MediSave is strictly for healthcare. It strengthens your CPF MediSave balance so you’re better prepared for medical needs as you age.

This matters more than ever. Healthcare costs in Singapore don’t get cheaper, and MediSave is often the first line of defence before touching cash savings.

How GST Voucher Works Overall

GST Voucher Component	What It Helps With	Who Benefits Most
GSTV – Cash	Daily expenses	Lower- to middle-income households
GSTV – MediSave	Healthcare savings	Seniors aged 65+
GSTV – U-Save	Utility bills	HDB households
GSTV – S&CC	Estate charges	HDB residents

GSTV – MediSave Eligibility for 2026

To receive the GSTV – MediSave payout in 2026, you must meet all the conditions below:

• Singapore Citizen
• Aged 65 or above in 2026
• Living in Singapore
• Own no more than one property
• Home Annual Value (AV) must fall within the qualifying range based on the previous year’s records

There’s no manual application needed. If you’ve qualified in past years and nothing major has changed, the top-up continues automatically.

Expected GSTV – MediSave Payout Amounts (2026)

Official figures are usually confirmed closer to payout time. However, based on recent years, here’s what seniors can realistically expect for 2026:

Age in 2026	AV ≤ S$21,000	AV S$21,000–S$31,000
65–74 years	~S$250	~S$150
75–84 years	~S$350	~S$250
85 & above	~S$450	~S$350

Amounts are credited directly to CPF MediSave — not withdrawable as cash.

What Can You Use GSTV – MediSave For?

Once credited, the funds work just like your existing MediSave savings. You can use them for:

• Hospitalisation and day surgery
• Approved outpatient treatments (including chronic conditions)
• Dental and specialist visits (within limits)
• MediShield Life premiums
• Integrated Shield Plan premiums
• Certain medical expenses for immediate family members

Honestly speaking, this top-up is most useful for insurance premiums — it helps reduce out-of-pocket cash payments.

When and How Will You Get Paid?

For GSTV – MediSave 2026, here’s what to expect:

• Expected payout period: August 2026
• Payment method: Auto-credited into CPF MediSave
• Application needed: None, if you’re already eligible
• How to check status: Log in using Singpass on the GST Voucher portal

No PayNow setup is needed for MediSave, but make sure your CPF records are accurate to avoid delays.

Practical Tips to Maximise Your Benefit

• Check your CPF MediSave balance early and plan upcoming medical expenses.
• Use MediSave for insurance premiums first — it frees up cash.
• Keep Singpass and CPF details updated.
• If you own property, note that Annual Value changes can affect eligibility.

For most Singaporean seniors, this payout won’t make you rich — but it does make healthcare less stressful.

Frequently Asked Questions

1. Do I need to apply for GSTV – MediSave every year?

No. If you’re eligible and your circumstances haven’t changed, the payout is automatic.

2. Can I withdraw GSTV – MediSave as cash?

No. The amount goes straight into your CPF MediSave and can only be used for approved healthcare expenses.

3. What if I turn 65 in 2026?

You’ll be eligible as long as you meet all other conditions, including citizenship and property rules.