How To Buy The Right Health Insurance Plan In Singapore?

 


Whether you are a Singaporean citizen or an expat, you need proper health insurance when living in the Lion City. While Singapore has some of the best hospitals in the world, the cost of treatment can get quite expensive.

Singaporean citizens and PRs get coverage from MediShield Life for their health care expenses. However, MediShield Life is pegged at only class C/B2 wards in public hospitals. If you prefer other types of hospitals or wards, this coverage may be insufficient. Moreover, the annual claim limit of MediShield Life is capped at S$150,000 with further limits placed on specific treatments such as chemotherapy and kidney dialysis. If you prefer a private hospital, your treatment charges may go beyond these thresholds. In this case, you may want to consider health insurance known as an Integrated Shield Plan, that can help provide more extensive coverage.

If you are planning to buy an Integrated Shield Plan for the first time, you may need a bit of help. Read on to discover a few tips that can guide you in getting a suitable health insurance plan in Singapore...


Comments

Popular posts from this blog

3 Milestones of Life for Which You Might Want Term Insurance

Tips That May Help With Retirement

5 Reasons to Plan for Retirement from an Early Age