Keep these DOs and DON’Ts in mind when buying health insurance
As a Singaporean citizen or PR, you are covered
for subsidised medical expenses by MediShield Life. However, you can only claim
up to S$150,000 per policy year. Plus, there are individual limits for
different sections of coverage such as daily ward and treatment charges, You
might want to enhance your coverage by buying private health insurance too, as known as an Integrated Shield Plan. That way, you
can increase your coverage limit and also benefit from access to a wider range
of private and restructured hospitals in the country.
If you are buying an Integrated Shield Plan for
the very first time, this blog can prove to be helpful for you. Read on to find
out a few crucial DOs and DON’Ts that you need to keep in mind when buying
coverage.
· DOs when buying health insurance
DO your research
There are many good medical insurance companies in Singapore. Compare their health insurance plans on their websites to find the one that suits you the best. When running a comparison, look for features that mentions pre- and post-hospitalisation coverage and the maximum sum insured...
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