Which MediSheld Plan is good ind e market??

[yamashita]

GE $1m? tht's the rider rite?

you must compare rider with rider, basic plan with basic plan mah

No, the amount of $1,000,000 is the lifetime limit. Please refer to their website for more details, in particular, the benefit table for SHP B Plus.

The definition of pre-existing is different.....some deifinition does not allow claim be it know or unknown to you for exisiting condition.

No High dependant unit cover.

No claim for pre and post hospitalisation if it is not an accredited clinic under MOH.

No claim for experimental drug. There are many drug at experimental stage(yet to be approved by Health science organisation) help patient to recovered from critical illnesses.


Dont own a shield that have many restriction when possible claim is needed.

For Aviva, experimental or pioneering medical, surgical techniques or clinical trial for drugs is not covered. NTUC wise, the contract stated only medical or surgical techniques. Thus, I assume clinical trial drugs are covered.

Did not manage to find the contract for GE.

 

[redname]

No, the amount of $1,000,000 is the lifetime limit. Please refer to their website for more details, in particular, the benefit table for SHP B Plus.



For Aviva, experimental or pioneering medical, surgical techniques or clinical trial for drugs is not covered. NTUC wise, the contract stated only medical or surgical techniques. Thus, I assume clinical trial drugs are covered.

Did not manage to find the contract for GE.

oh, so sorry, cause i'm under the P plus, so i was thinking of tht plan

 

[ASKHabit]

No, the amount of $1,000,000 is the lifetime limit. Please refer to their website for more details, in particular, the benefit table for SHP B Plus.



For Aviva, experimental or pioneering medical, surgical techniques or clinical trial for drugs is not covered. NTUC wise, the contract stated only medical or surgical techniques. Thus, I assume clinical trial drugs are covered.

Did not manage to find the contract for GE.

PM me with your email address, I send you GE contract.

 

[henrywjkoh]

I would suggest Prushield as there is an unlimited lifetime limit and a $500,000 yearly limit.
Also, it covers you till death as there is no age limit as most of the contract expires at 80

If you want, email me henrywjkoh@yahoo.com.sg , i got a very good comparision table to share.

thanks

 

[redname]

I would suggest Prushield as there is an unlimited lifetime limit and a $500,000 yearly limit.
Also, it covers you till death as there is no age limit as most of the contract expires at 80

If you want, email me henrywjkoh@yahoo.com.sg , i got a very good comparision table to share.

thanks

1st, you said you are a financial adviser, now you say prushield gd.

hhhhmmm, no prizes for guessing which company you are from

and r u very sure tht most of the contracts end at 80 yrs old? like tis pple jus stick with their basic medishield can already mah. go find out more pls

 

[zhiz22]

Bingo!!!!!!!!!!!!!!!!!!

Anyway his selling point for Prushield, also exist in Incomeshield so its not unique!

 

[henrywjkoh]

Bingo!!!!!!!!!!!!!!!!!!

Anyway his selling point for Prushield, also exist in Incomeshield so its not unique!

Hi, indeed the coverage and benefits of Prushield and IncomeShield is similar. Actually, the unique part comes from the Assist Rider. For NTUC's Assist Rider, you will still need to pay 10% of the claimable amount whereas, For Prushield Extra you need not pay a single cent. Furthermore , it covers congential abnormalities as well as free ambulance coverage.

Consumers got every right to compare and hence im recommending Prushield as based on facts, it has got the most comprehensive coverage with a reasonable price.

 

[redname]

Hi, indeed the coverage and benefits of Prushield and IncomeShield is similar. Actually, the unique part comes from the Assist Rider. For NTUC's Assist Rider, you will still need to pay 10% of the claimable amount whereas, For Prushield Extra you need not pay a single cent. Furthermore , it covers congential abnormalities as well as free ambulance coverage.

Consumers got every right to compare and hence im recommending Prushield as based on facts, it has got the most comprehensive coverage with a reasonable price.

most comprehensive? i think "very comprehensive" shld be the right choice of words, by using "most" u are saying its the best amongst all in terms of comprehensive coverage.

since you've mentioned u r recommending on facts. y dnt u share with us wat makes prushield the most comprehensive? no need give us 1 whole list, jus 1 item will do, something that every company doesn't have and convince us y is it the most comprehensive

 

[liqodo]

is this thread dead? Or advisers nothing more to say?

 

[cscs3]

There are often many changes made to all the shield plans in the market because of competitiveness. No need to think sooooo much until head cracked, lol! Now you choose the "so called" better one, then few months down the road, also might have changes one. Hope this link is helpful too, it also shows the number of days it takes each insurer to process claims. According to the website, the ranking is: GE, NTUC Income, Aviva, Prudential, AIA.

http://www.moh.gov.sg/mohcorp/hcfinancing.aspx?id=342

Another Benefit is Letter of Guarantee (LOG):
Letter of guarantee and medical records costs
When you are hospitalised, if your hospital can obtain a letter of guarantee from your insurer, you can reduce the amount of your upfront payment to the hospital. A letter of guarantee is an assurance of payment offered by insurers to hospitals, on behalf of a patient, for the portion of the hospital bill covered by insurance.

To process claims, insurers may require your medical records. Either you as a claimant, or your insurer, can request medical records from medical institutions. This request however, usually comes at a cost from $75 to $250. The following table shows how some insurers require you to pay for medical records, while others themselves absorb the cost.

Only NTUC Enhanced Incomeshield provides LOG. In addition, only NTUC, PRU and GE absorb cost of obtaining medical
records.

Taking about changes. You are right. Some recently revised and you have to pay higher rate comapre to what you have signed few years back. So do take note. The rule is to the advantage to insurance company. They can change the rule of the game but not you.

 

[zhiz22]

Hi, indeed the coverage and benefits of Prushield and IncomeShield is similar. Actually, the unique part comes from the Assist Rider. For NTUC's Assist Rider, you will still need to pay 10% of the claimable amount whereas, For Prushield Extra you need not pay a single cent. Furthermore , it covers congential abnormalities as well as free ambulance coverage.

Consumers got every right to compare and hence im recommending Prushield as based on facts, it has got the most comprehensive coverage with a reasonable price.

Imagine a nation where medical bill is free. Now imagine the bill pru will potentially be footing in years to come. Will client or insurer suffer first?

 

[The_Davis]

Imagine a nation where medical bill is free. Now imagine the bill pru will potentially be footing in years to come. Will client or insurer suffer first?

sorry, can explain? I dun understand

 

[aiasis]

imo there are no best plans. the company is not impt, but a gd agent can help u process ur claim asap or help u push ur claim through, which is the most impt thing. if anything is impt, ur agent is the most impt bridge between the urself and the insurance company. a responsible agent whom will definately pick up ur call is the most impt becoz u will nv know when u need him.

 

[Al-Jay]

agent is never the link when u need him or her. reason is because either he resign or promoted. the company's record of claiming is good indicator!

 

[Jeig]

By looking at the claim return rate published in MOH website, NTUC seems to be the best among the insurers, but NTUC also receive the most bad reviews across the various papers and forums.

I'm confused.....

 

[yellow_pen]

are you able to say out which are the companies that received bad reviews?

because currently i am looking for a shield plan as well...

 

[Accesscode]

Policyholders are typically generous with complaints of poor service and bad experiences, esp when claims are rejected or the process are prolonged.

Put a google or yahoo search for articles about poor medical claims experiences and the N name appears more than other companies.

They are cheap though.

 

[Accesscode]

By looking at the claim return rate published in MOH website, NTUC seems to be the best among the insurers, but NTUC also receive the most bad reviews across the various papers and forums.

I'm confused.....

We do not know the criteria used for the assessment of this report that appeared in MOH's website, but I would not use them as reference to determine which plan is good.

There're many possible stumbling blocks in claims (e.g. waiting for a doctor to fill in a medical report can take at least 3-8 weeks) and we're not sure if the results took them into considerations.
It only said approved claims used for the statistics during the period of assessment.

Ultimately, I still believe the agent has to be responsive to claims matters.
Too bad if I happen to get one that's got a poor attitude towards such issue.
He/She will be sure won't get my continuous business in future.

 

[limster]

By looking at the claim return rate published in MOH website, NTUC seems to be the best among the insurers, but NTUC also receive the most bad reviews across the various papers and forums.

I'm confused.....

if you are a non-NTUC agent, the natural target to attack is NTUC because it has the lowest premiums. It almost seem automatic for non-NTUC agents to say that NTUC don't pay claims, very slow, blah blah blah. (of course many of the 'regular IFA /agents here in HWZ have higher integrity and don't do that)

for me i look in the long run. Now, people on hwz mainly 20s or 30s, premium rates all look cheap. But when you hit 50+, 60+, the differences in premiums between insurers will be much much larger, and at the age, probably cannot switch already. And my bet is that of all the insurers, ntuc will still have the lowest premium.

 

[Al-Jay]

if you are a non-NTUC agent, the natural target to attack is NTUC because it has the lowest premiums. It almost seem automatic for non-NTUC agents to say that NTUC don't pay claims, very slow, blah blah blah. (of course many of the 'regular IFA /agents here in HWZ have higher integrity and don't do that)

for me i look in the long run. Now, people on hwz mainly 20s or 30s, premium rates all look cheap. But when you hit 50+, 60+, the differences in premiums between insurers will be much much larger, and at the age, probably cannot switch already. And my bet is that of all the insurers, ntuc will still have the lowest premium.

I am supporting ntuc income cos their existence is to protect the general population! Go to ntuc fairpriceplus and look at the price of necessity and compare with cold storage, etc! The prices is lower! Crisis come! Priced remain and sometimes even lower, unlike others!