Best Health Insurance Company- Raffles Health Insurance

  In spite of the fact that the government of Singapore offers insurance to its citizens and permanent residents, there still is a requirement for private health insurance providers. This is especially true for people who are either in this city-state on a temporary basis, visitors, or foreigners waiting for PR. At the same time, private health insurance companies provide insurance for the aspects of healthcare not covered by the government-provided MediShield and MediSave. However, each insurance company has its own policy and they provide different plans for people with different requirements. If you are already suffering from a chronic ailment, then the premium on the health insurance covering the specific ailment will be higher. Similarly, if you have suffered a stroke or heart attack, the premium covering these too will be higher. However, taking health insurance from private providers will ensure that you get the most comfortable experience during your treatment. Of c...

  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 has always been considered the real wealth for living beings. And with the ongoing pandemic in various parts of the world, people who used to take it for granted have also started prioritising their health. But taking care of oneself when one is not keeping well is different from taking care of one's health from a financial perspective for the coming uncertain future. Here is when medical insurance plans come into the scenario.   Medical insurance plans are a type of health coverage for future use by investing in the present. Medical insurance plans are an investment rather than an expense because the benefits which these provide in the future when the individual requires financial help are unmeasurable. Medical insurance plans provide coverage in the form of providing for hospital bills and other medical-related bills for the insured as and when the need arrives; and in return the individual needs to pay a fixed amount of premium monthly to the insurer company. The...

  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 ...

  Usually, youngsters have a very significant question regarding the right age to invest in a full coverage health insurance plan. The simple question they put forward whenever consulted by any individual regarding full coverage health insurance plans is that “Why take up a full coverage health insurance plan at such a young age?” With initial years of starting to earn, youngsters ought to spend their hard-earned new money on their dreams and desires rather than on some insurance policy.   But little do they know that investing in a full coverage health insurance plan at a young age has many benefits associated with it. Some of the same are mentioned herein below:   At such a young age the individual is very unlikely to have any pre-existing condition. In simple words, it can be said that in the 20s and 30s individuals usually do not have any health issues. Thus, with no pre-conditions they can easily apply for a full coverage health insuran...