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Showing posts from December, 2022

What typical exclusions apply to health insurance?

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  Health insurance plans help provide financial protection to an individual or their loved ones during medical emergencies. A good health insurance plan will pay for your hospital and other medical-related bills and make sure you are recovering and not worrying about your medical bills. Health insurance covers most common illnesses, but every plan has its own exclusions. Exclusions are defined as types of medical conditions or circumstances that are not a part of your coverage or certain diseases that can be compensated for only after a certain period of time. Health insurance plans differ from insurer to insurer, however... READ MORE :  What typical exclusions apply to health insurance?

Private vs Public Healthcare Insurance in Singapore

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  There is still an ongoing debate on public vs private medical care. In fact, you must be debating whether to opt for better and more expensive healthcare insurance or to opt for the affordable option with good coverage. Regardless, there is no conclusive response on the right decision. Either way, it depends on the needs and requirements of the individual. To help you understand better, we will state some of the differences between public and private medical insurance in Singapore so you can make your choice based on that.  ·          Accessibility: Everyone wants what's best for them and their loved ones when it comes to healthcare insurance. Private medical insurance can unlock a... READ MORE :  Private vs Public Healthcare Insurance in Singapore

New rules for Integrated Shield Plans

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  An integrated shield plan is a type of health insurance policy that is provided by private insurance companies. Under this plan, you are provided with higher coverage for hospital bills that you may have incurred in private hospitals or talking to a specialist of your choice. Medishield life coverage is a generic health insurance plan that helps pay for hospital bills and selected treatments. Also, medishield life plans are included in integrated shield plans (IPs). In March of 2021, Medishield life went under a series of changes that include higher claim limits and changes in deductibles. Before, those seeking treatment who have bought full IP riders would not be subjected to pay for the medical expenses out of their... READ MORE :  New rules for Integrated Shield Plans

Marketplace coverage & essential health benefits

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  Health marketplace insurance is a resource where an individual can compare health insurance for coverage and affordability as well as enrol in a health insurance plan that meets the individual's requirements. There are many health benefits associated with this. Through this article, we will walk you through the ten essential health benefits that various private health insurance plans offer in health insurance marketplace coverage. Ambulatory care: Ambulatory patient services or outpatient care is a medical care service which includes diagnosis, treatments, consultations, etc. without being admitted to the hospital... READ MORE :  Marketplace coverage & essential health benefits