Exemption from medical co-payments: Who Qualifies and What You Get
Learn if you qualify to stop paying for prescriptions and hospital stays once your annual medical costs reach a certain limit.
This scheme helps reduce your financial burden by limiting how much you have to pay for medical expenses each year.
Who it's for
This is for patients whose total annual co-payments for medical costs exceed 2% of their yearly income.
What you get
Once you reach the limit, you are exempt from paying co-payments for prescriptions and hospital stays.
What it costs you
There is no direct fee to apply, but you must keep and submit all your receipts for medical co-payments to your insurer to prove you have reached the limit.
The catch to know
The most important thing to remember is that you must collect and save every single receipt for your co-payments throughout the entire year to qualify.
How to apply
- Keep all original receipts and proof of payment for prescriptions and hospital stays.
- Track your total spending against your annual income.
- Submit your collection of receipts to your insurer.
- Wait for the insurer to confirm your exemption.