Baby Bonus (CDA)

The Baby Bonus Scheme was developed by the government to help support families in the cost of raising children.

The Baby Bonus Scheme includes a Child Development Account (CDA), which contains financial grants from the government. The CDA is also a co-savings account, with dollar-to-dollar government co-matching for each dollar deposited into the CDA (up to a certain cap based on the number of children you have).

The CDA account can be used to pay for your child’s medical bills at any of our clinics.