Regulation 10

an insured person’s claim under a medisave-approved plan, in respect of any medical treatment or services received by the insured person, has been paid from the Fund or by an insurer, or both, as the case may be; and

another person, who is under an obligation (contractual or otherwise) to pay or reimburse the insured person for charges incurred in respect of that medical treatment or service, has made the payment or reimbursement,an amount computed in accordance with the following formula becomes due and payable to the Fund or the insurer, or both (as the case may be) by the insured person on the date such payment or reimbursement is made by that other person:X + Y – Z,where Xis the total amount of the payment or reimbursement made by that other person;Yis the total amount of the claim paid from the Fund or by the insurer, or both, under the medisave-approved plan; andZis the total amount of the charges incurred by the insured person.

may retain the amount paid by the insurer under the plan in respect of that medical treatment or service, excluding the amount paid from the Fund; and

must transfer to the Board, in the manner directed by the Board, the lower of the following:

any remaining balance;

the amount paid from the Fund in respect of that medical treatment or service.