If you have not read the news (a very hot topic on the social media platforms now), the Ministry of Health (MOH) has plans to… Read More »Co-Payment For Private Shield Plan Riders – Good Or Bad?
Over the last few months, I had met up with a few clients and they shared with me that they see no reasons for them to upgrade their MediShield plans and they are adequately covered.
And I took the initiative to go through with them what they are being covered and conclusion is that most of them do not really know what they are covered.
So instead of promoting why they should upgrade their current coverage, I would rather let them know what they are being covered and let them decide whether to upgrade. If you are one of those who know that you have a MediShield Plan but do not what you are being covered, this post will give you a clearer picture!
Direct Links To Some Of The Common Questions Asked About MediShield
Understanding The Benefits Under MediShield In Parts
So what are these Figures? Basically they are the daily limits. Medishield do not really limit you to any hospital type and ward (but in reality, it’s around Ward B2 and C), so if there’s any hospitalization involved, you have to check out with the Hospital the Daily Inpatient and Miscellaneous Charges for your Ward.
If it’s normal ward and $450 per day and below, this amount will be added up with the rest of the charges and summed up against the Deductible.
If it’s more than $450 per day, e.g. $500 per day, you have to take to account that you need to pay the difference of ($500 – $450 = $50 per day) whereas the rest of the $450 fall against the Deductible.
And if there’s a Surgery Involved…
There seems to be a recent rise in the request to understand more about the difference between MediShield and our Private Medical Plans. The reason… Read More »What You Really Need To Know About Deductible, Co-Insurance, Rider and Pro-Ration