KiasuParents - Parenting in Singapore

funnygummyyummy wrote: medishield is totally not enough!!! Only B/C class wards are given, and it's not full coverage too

Lol. If you are in the hospital, it make little difference between A and B wards.

ChiefKiasu wrote:

funnygummyyummy wrote: medishield is totally not enough!!! Only B/C class wards are given, and it's not full coverage too

Lol. If you are in the hospital, it make little difference between A and B wards.

Putting all other benefits (choice of doctor, shorter waiting time etc) of having a A shield plan aside, one of the main benefits so far I could see is to have a single ward for

1. a young child that a parent can sleep in together

2. an old and dying elderly with family member wish to accompany him/her at night.

Without an A ward, such arrangements are quite tough (the caregiver, if allows to accompany overnight, would have to sit on the chair for hours).

I witnessed both (my grand niece due to high fever and hospitalised for 3 nights and my late parents who were warded for about a month before final departures) .

So I could really appreciate A ward more in this sense (for the comfort of the genuine caregiver/s).

Insurance is ‘the more the better’ . The reality is we live with limited resources

SL,

Not exactly the more the better for Health insurance lah. Need to look carefully in case u cover high plan but forget that once u seek treatment under high plan, you may be locked in under non-subsidy category & follow-up sessions will not get any subsidies.

MediShield - a compulsory health Insurance
Premium deducted via CPF SA
When hosptalization bills :-
* deductible of $2000
* 10% co-pymt
* pls note limitations for various item
* does not cover pre- or post-hospital follow-up treatment
* yearly limit is only $100K

If you purchase additional Health Shield, one shld consider affordability for long term as once u miss premium, you’ll hv to start fr zero base when u next decide to purchase again.

If purchase early once you start work, usually you may not hv pre-existing Health issues to be excluded. If u purchase later in life, once you’ve recorded health issues (high cholesterol, high blood, etc) it’ll not be covered. However, some illness if certified by doc in remission, Insurance companies may underwrite to cover you.

Pioneer Generation - well covered with high subsidy so even very illl and penniless elderly may not hv much to pay or zero pymt with Medical Social Worker Intervention for financial support.

Some may assume & hv a misconception that it’s unnecessary for pioneer generation to purchase any additional covers. To put into perspective why ppl purchase additional health cover in the first place - to mitigate high medical expenses. In this regard, one hv to look beyond what subsidy govt provides. There will come a time (May not be now but at some later point when an elderly hv health complications) such as long in-patient stay that exceeds MediShield limits or Chemo, kidney treatment, or heart attack with need for multiple stents.

Merdeka Generation & others - if can afford, need to purchase additional health cover as we aged, accummulatively we get more health issues & illnesses creepingly surface. The other impt thing to note is if one hv not gotten cover earlier, best to purchase now even with some exclusion to pre-empt high medical expenses.

Ano impt note is even if you hv cover for B1 or A ward, use it wisely like if u’ve need for specific one-off treatment & it’s more expedient to seek private consultant at pte hospital, then it makes sense if it saves waiting time & long waiting cost. However, if one expect long-term treatment, in-patient care or ICU, follow-up medication, etc, might be advisable to step down to B2 to maintain that subsidy benefit but using yr insurance policy sufficient funds to for for last bill. We realised by stepping down with the ward entitlement, we retain the yearly claimable limit & make it stretch. Purchase of additional Integrated or Enhanced HealthShield (based on yr financial ability) can cover btwn $250K to $1million, you can choose but of course the premium rises accordingly.

SIL father was diagnosed with cancer & altho all children are either doctors or dentists, they maintain their father’s treatment at C ward as they do not know how long the admission or multiple admission will be. In fact, he was sent by ambulance in-patient multiple times till his demise.

In our analysis, currently NTUC Income provides the most coverage for in-patient & outpatient at “as charged” basis after deductibles & 10% co-pymt. This includes monthly kidney dialysis costs. Noteworthy is that it covers 90 days pre- & post-hospitalization treatment (includes every outpatient bill at PolyClinics) which the MediShield does not cover.

Additional Note :

For those looking for Travel Insurance to
cover pre-existing condition, no other insurers are willing to cover except NTUC Income, altho it’s loaded double the normal travelers.

This was what FIL took for his multiple kidney, heart and colon problem. He’s covered with additional Integrated Health cover, we thot best to get a travel insurance in case need urgent evacuation back to S’pore for effective treatment since his medical records are in S’pore.

Hope abv sharing helps.

thanks esteema for sharing.

I am surprised with "SIL father was diagnosed with cancer & altho all children are either doctors or dentists, they maintain their father’s treatment at C ward as they do not know how long the admission or multiple admission will be. "

Once again,"better to die than sick" comes into my mind.

starlight1968sg wrote:thanks esteema for sharing.

I am surprised with "SIL father was diagnosed with cancer & altho all children are either doctors or dentists, they maintain their father’s treatment at C ward as they do not know how long the admission or multiple admission will be. "

Once again,"better to die than sick" comes into my mind.

It’s normal life cycle, SL. Just like car tyre, wearing off. But reality is, our lives cannot be replaced like car tyres.

SIL’s example is exercising wisdom coz they know when elderly need in-patient care to go thro last days, whether A bed or C ward is same same. Doctors hv to do their best in medical care. Not that they’re not filial. Filial piety is not putting them in A ward, lonely without other lives around. When SIL’s father was slightly ambulant, the siblings got together to pay for an escalator to be constructed in the house. SIL was flying in fr Melbourne every quarter to keep elderly company, whilst her youngest sis who worked near Novena wld go daily to hv lunch with parents. I’ve fond memories of this SIL’s family as all incl grandchildren & great-grandkids (total 38) don’t mind squeezing into elderly’s place & old lady single-handy cooked for all busy herself happily since the day before, every weekend w/o fail. This is one warm family that hv strong bonds & plenty of love & nurtured many grandchildren now serving diff sectors of Spore. They value their parents who’ve raised 7 kids to be useful citizens.

check out their plans and get a quote maybe it helps https://www.ensurancecompare.com/

Hi all, anyone interested or wants to know more about health/income protection for your family can contact me via PM. I'm a certified financial planner and we specialised in working with young parents like yourselves.

May I know what kind of health insurance do people usually buy?

If I have Integrated Shield Plan for Private Hospital, can I still claim if I am admitted to public hospital?