Best Health Insurance Company- Raffles Health Insurance

  There are a lot of government schemes and unintelligible jargon prevalent in Singapore. Due to this, a layman may tend to get confused when looking for proper hospitalisation insurance plans in this city-state. This is the reason that before you go ahead and buy an insurance plan, you should conduct some research online or consult a few good insurance advisors. ·          Singapore government provides MediShield Life health insurance that covers basic public hospital treatments. This insurance is given to all Singapore citizens and PRs. ·          You can boost this basic insurance plan with the help of an Integrated Shield Plan which covers treatment in better-class wards and even some private hospitals. It also covers pre- and post-hospitalisation treatment. ·          Then there are the private insurance providers who will cover every kind of hospital...

  Singapore is well known for its enviable public health care system. In fact, all citizens and permanent residents of this country are provided with compulsory health insurance in the form of MediShield Life. This policy covers the basic treatment in a general ward in public hospitals. There is also a MediSave savings account which complements the MediShield plan. However, the claim limit in both these insurance systems may not cover all your requirements. Hence if you want complete coverage of all your hospital bills and outpatient treatments then you will have to opt for private medical insurance companies. Here you should bear in mind that you need to pay premiums, deductibles, co-insurance, and any cost above the claim limit. This applies to both the government and private medical insurance systems. Hence you should bear in mind that you should get the right amount of sum assured in case you need to make a claim. For this, you should consult a good insurance advisor empl...

  The citizens and permanent residents of Singapore are already covered by the government-provided Medishield health insurance. This is a compulsory medical insurance Singapore scheme that pays for treatment at public hospitals. If you wish to get treatment at a private hospital or want a better ward then, you need to take the Integrated Shield Plan. This plan allows you a wider coverage which includes better hospital rooms and private hospital treatments. Apart from this basic insurance provided by the government, there are many private health insurance companies in Singapore. You should consider some things while buying insurance. The first thing that you should remember is that the law of Singapore does not allow any insurance provider to cover 100% of the medical treatment bills even if the patient has been hospitalised. When you get yourself insured through a private insurance provider then you need to pay a lump sum amount towards the expense of your treatment. This p...

  There is hardly anyone across the cities of the world who has not at least heard about hospitalisation insurance. Singapore is an advanced and fast growing economy and the cost of getting treatment in private hospitals is quite high. Although the government covers its citizens and permanent residents with basic insurance, but that is only for the public hospitals. On the other hand, if you want to be treated in comfort at a private hospital, then you will have to opt for a better hospitalisation insurance cover. Such a cover is available with the good private insurance companies in Singapore. These companies provide the facility of cashless hospitalisation for their insured clients. These companies are very professional and they do not create a hassle while settling the hospitalisation claim. They also provide health cover before and after the hospitalisation is over. You can claim the cost of the treatment, whether surgical or otherwise and the medications take before, dur...

  Health is wealth and it stands true! And there is nothing wrong with the fact that without wealth one cannot take proper care of one’s health when things start to fall out of hand. Here is when health insurance comes into the picture. Health insurance is investments done in bits that would give benefit later on when one is in dire need of help to cover various health expenses.   In cities like Singapore, where expenses related to almost everything are paramount, family health insurance becomes a vital requirement for every individual. Family health insurance in Singapore is one of those investments which is on the priority list for bread earners in such mega-cities.   There are many benefits of family health insurance in Singapore that the insured and his or her family would enjoy in the long run:   One need not pay separate premiums for different family members covered under the family health insurance in Singapore. This family health insurance ...

Many employees often overlook the fact that Employee Benefit Schemes (EBS) usually include some form of medical coverage. Most employers in Singapore offer basic health insurance coverage under what is known as a Group Insurance Plan. This coverage can complement an Integrated Shield Plan (IP) employees might also be under, as is the case with the Raffles Shield High Deductible option. Before considering this option, a useful question to ask would be: Do I know what medical expenses I am covered for under my Employee Benefit Scheme? If the answer to this is no, perhaps it’s time to change that! It’s helpful to be aware of the benefits you are entitled to, as it allows you to make informed choices when selecting other insurance plans you might want to have. Employee health benefits vary with each employer, and include different claim limits and eligible benefits. Some policies’ claim limits go by admission, while others have annual limits. Check up on your company’s health pol...