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Showing posts with the label singapore health insurance

How To Protect Yourself from Unexpected Health Related Expenditure

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  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...

How To Get a Health Insurance?

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  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 ...

Why Raffles Shield's High Deductible Option is Great for Working Adults?

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...

Health Insurance: How It Protects You

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  Health is one of the most essential aspects of our lives that has become a priority today. Nobody wants to get sick, but life is all about uncertainty and unpredictability. People always need medical care at some point of time in their life. That is why it is essential for people to take health insurance policies. Health insurance policies are highly valuable and offer many important benefits. Such policies help in maintaining your health and treating illness as well as covers accidents. Besides all these, if you will be surprised to know that such policies protect you from unexpected and high medical bills. Health Care Insurance According to some experts, people should choose health care insurance because it helps them to get free preventive care, like vaccines, some check-ups, health screenings, diagnosis, etc. Even people don’t have to pay large premium, which is an added benefit for individuals. “Health insurance provides important financial protection in case you have...

Health Insurance: Features & Advantages

  Health Insurance is very essential for people because it provides complete coverage or financial security for the medical expenses. As per the health care insurance plan, the person gets coverage for hospitalisation, screening, treatment costs, hospital as well as surgical expenses. Individuals can expect reimbursement of the acquired expenses from the insurance company. Let us see some of the features of health care insurance - Features – ·          One of the best features of Health care Insurance is that it takes care of all your medical expenses. ·          It typically covers up to 60 days pre and post hospitalisation. ·          You can enhance the primary health insurance plan as per your needs.   ·          It is available for senior citizens also.   Why Choose Health Insurance? There are ma...