How to Get Better Coverage for Health Insurance in Singapore

1. How to Get Better Coverage for Health Insurance in Singapore Of course we all know about Medishield, but often this basic hospitalization plan leaves much to be desired. If you conduct a research among the seven main private health insurance providers in Singapore you will get the exact coverage you are looking for. Some of these providers also cover existing ailments like heart disease, diabetes and others. All SCs and PRs can now afford MediShield Life, providing them with lifetime basic health care. The cost of the premiums is kept reasonable, and other assistance programs are also made accessible. However, in Singapore, simply possessing MediShield Life is insufficient to guarantee your health coverage. Since MediShield Life has claim caps and is subject to deductibles and co-payments which are amounts that the insured must pay out of their pocket, it will not be able to fully cover the cost of the hospital stay. Additionally, due to Singapore's newly reorganized hospitals' limited capacity, the length of time you must wait before receiving treatment will depend on the urgency of your ailment and the length of the line ahead of you. You would probably have to wait longer for treatment if you chose Singapore's public healthcare system than if you went to a private healthcare facility. However, doing so can result in up to a fivefold increase in treatment expenses. One would do good to be protected by a private health insurance, such as an Integrated Shield Plan, in order to have access to private healthcare options without being burdened by the expenditures. The primary advantages of private IP plans above the standard MediShield Life coverage include larger annual limits and pre- and post-hospitalization coverage. By purchasing a rider connected to the private IP plan, additional benefits can also be increased; we'll talk more about that later. Hence, in order to get a comprehensive hospitalization planyou should try to combine basic Medishield with Integrated Shield Plans. This will ensure that you get hospital treatment soon and easily without digging a major hole in your pocket.