Best Health Insurance Company- Raffles Health Insurance

  The healthcare system in Singapore is quite advanced and is actually the envy of other countries. However it is also true that healthcare in Singapore is expensive and hence you need to apply for medical insurance. The question is how to find affordable health insurance ,  because just like the healthcare services, health insurance in this city state is also expensive. Here you need to bear in mind that the government has declared minimum health insurance compulsory for all Singaporeans. This insurance is known as med shield and provides the expense on basic in patient care in public hospitals. However, sometimes this basic insurance is not adequate because the patients may have existing ailments or require prolonged out-patient treatment which comes up to be very expensive. This is the reason that you need to opt for extra insurance plans from the many insurance companies in Singapore. Luckily for the consumers, there is high competition among the insurance companies in Sin...

An insurance rider Singapore is an add-on that can be added to your insurance policy. A rider adds additional benefits or protection to the original plan's protection. When comparing insurance plans across insurers, it is critical to compare not only the basic plans but also the riders. In Singapore, the most common riders are health insurance riders and life insurance riders. The best part is that the riders for these two different types of insurance are typically quite similar across almost all insurance companies in this city state which makes comparison easy. Every Singaporean knows about health insurance covering med shield covers the basic hospitalisation costs. But if you want more then you need to learn about Integrated Plans or IPs which are hospitalisation insurance plans working in combination with MediShield Life, Singapore's basic government health insurance scheme that covers Singapore citizens and PRs. In a nutshell, IPs cover the majority of your medical ...

  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...

  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...