a member has withdrawn moneys from the member’s medisave account under this Part to pay charges incurred for medical treatment or psychiatric treatment (including any specified out‑patient treatment), or approved rehabilitation treatment, received by the member or member’s dependant; and
[S 855/2020 wef 01/10/2020]
(b)
another person, who is under an obligation (contractual or otherwise) to pay or reimburse the member for such charges incurred for the treatment referred to in paragraph (a), has made the payment or reimbursement,
an amount, computed in accordance with the following formula, becomes due and payable to the member’s medisave account by the member on the date such payment or reimbursement is made by that other person:
A + B – C,
where A
is the total amount of the payment or reimbursement made by that other person;
B
is the total amount withdrawn from the member’s medisave account referred to in paragraph (a); and
C
is the total sum of the charges incurred for the treatment referred to in paragraph (a).