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How does regular MediSave co-contributions received under the Drive and Save (DAS) benefit me?

Under the Drive and Save (DAS) scheme, the regular MediSave co-contributions from your taxi operator can:

  • Offset your mandatory MediSave contributions under the Self-Employed Scheme
  • Earn up to 6% interest per annum (p.a.) on your MediSave savings
    This includes an additional 1% interest p.a. on the first $60,000 of your combined balances (with up to $20,000 from the Ordinary Account). CPF members aged 55 and above will also earn an additional 1% interest p.a. on the first $30,000 of their combined CPF balances.
  • Pay MediShield Life/ Integrated Shield Plan premiums for you and your loved ones (spouse, children, parents, grandparents or siblings)