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A Guide to Medical Insurance for Foreigners in Singapore

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  Singapore is renowned for its world-class healthcare system, attracting not only locals but also a substantial number of expatriates and foreigners seeking medical care in the Lion City. While Singapore's healthcare services are top-notch, they can be costly, and medical emergencies can quickly lead to financial strain if you're not adequately prepared. That's where medical insurance for foreigners in Singapore comes into play. Why Do Foreigners Need Medical Insurance in Singapore? High Healthcare Costs: Singapore is known for its exceptional healthcare facilities, but quality often comes with a price tag. Medical treatments, especially for non-residents, can be expensive. Medical insurance helps you offset these costs and ensures you receive the care you need without financial worries. Mandatory Requirements: In some cases, such as work or long-term stay visas, the Singaporean government may require foreigners to have medical insurance as a condition for entry or r...

Hospitalisation Plan Singapore – Access to Quality Healthcare Services

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  Nowadays hospitalisation in any country can dig a major hole in your pocket, especially if you opt for private healthcare. The same is the scenario in Singapore, although the government of this city state has made basic health insurance compulsory. Hence if you opt for the basic wards in public hospitals then you are already covered. However, if you want better wards and private hospitals then you need to buy extra hospitalisation plan Singapore from one of the many health insurance companies in this city state. The insurance companies here have designed different types of hospitalisation insurance plans that cater to people with different requirements. We all know that hospitalisation is very expensive, but then so is the pre and post hospitalisation treatment. This is where the private insurance companies in Singapore come into the picture. They provide specially designed riders that cover the hospitalisation in private hospitals, and the expenses of diagnostic tests, medic...

Five Type of Health Insurance Plans in Singapore Apart from Medishield

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  When you get sick, hurt, or become incapacitated, health insurance helps you cover your medical costs. MediShield Life, a basic health plan provided by the government of Singapore, covers significant medical costs, and provides coverage to all residents of Singapore. Along with having to pay hefty medical or hospital fees, you might not be able to work while you heal. This and other reasons explain why a combination of government and private insurers providing best hospitalization insurance Singapore are an important consideration. There are five types of health insurance plans in this city state: 1.        If you are a Singapore citizen or permanent resident, then the government-provided Medishield will take care of large hospital bills and some selected expensive outpatient treatments. If you want more coverage, you will have to take added insurance from private providers. Such plans are known as Integrated Shield Plans. 2.   ...

What Is the Right Age to Buy Health Care Insurance in Singapore?

Singapore is a large bustling metropolis and this city state is well-known for its enviable healthcare system. There are both public and private healthcare institutions that provide the latest in medical treatment to the citizens, permanent residents and even foreigners living or visiting Singapore. However, apart from the basic hospitalisation at the public hospital’s healthcare services can be really expensive, which is why you need to buy health care insurance in this city state. Now the question arises – What is the right age to buy health insurance? And the answer is simple – right from birth. Yes this is true, even kids fall ill and if you want the best treatment for them in comfort, you will have to ensure that your kids too are covered under your health care plan. The good news is that in Singapore, you can buy health insurance for your family under one plan. This saves you money spent on individual policy premiums and also covers your kids. You may not want to think that ...

What you need to know about affordable health insurance in Singapore

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  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...

Which Insurance Riders Do You Actually Require In Singapore?

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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 ...

How Health Insurance Works in Singapore

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  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...