Medishield Comparison. Find out which is the cheapest

buaytuckchek

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At the end of the day, most doctors do not see a reason to extend life for old folks that are in pain. Life extension is only useful if one has quality of life.

Agreed on this part. No point extend life for the sake of doing so. 长痛不如短痛... So far for all the family member that left, they stayed in the hospital for only a very short time and passed away sub sequentially with minimal pain. I wish my life will end in similar manner instead of having to fight to live and become dependent on life-supporting machines and chalk up a heavy bill.
 

windwaver

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Agreed on this part. No point extend life for the sake of doing so. 长痛不如短痛... So far for all the family member that left, they stayed in the hospital for only a very short time and passed away sub sequentially with minimal pain. I wish my life will end in similar manner instead of having to fight to live and become dependent on life-supporting machines and chalk up a heavy bill.

Sorry for your lost but are most of them in private or government restructured hospitals?

Usually doctors in private hospitals will try to extend.
 

bluegt

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What stops us from switching between plans and going with whichever one is cheapest for a given age?
 

Bigoya

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What stops us from switching between plans and going with whichever one is cheapest for a given age?

2 factors to consider. Waiting period and most importantly, your health.

That aside, cheapest plan may not necessarily brings the best value. Do your own cost/coverage evalution.
 

luckygal

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One year ago, I experienced some numbness in my arms. Went to see a gp and he advised me to go AnE so as to get some screening done. I went but the test results are positive. I did not see any specialist. The numbness went away after a week. Now I to upgrade my ntuc incomeshield. My agent said have to declare that visit to AnE and it may have a little impact on the underwriting. And he said the qns would be asked in such a way that I cant avoid declaring. What are the chances of me upgrading successfully?
 

dendii

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Quite high since nothing was found.

One year ago, I experienced some numbness in my arms. Went to see a gp and he advised me to go AnE so as to get some screening done. I went but the test results are positive. I did not see any specialist. The numbness went away after a week. Now I to upgrade my ntuc incomeshield. My agent said have to declare that visit to AnE and it may have a little impact on the underwriting. And he said the qns would be asked in such a way that I cant avoid declaring. What are the chances of me upgrading successfully?
 

Bigoya

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One year ago, I experienced some numbness in my arms. Went to see a gp and he advised me to go AnE so as to get some screening done. I went but the test results are positive. I did not see any specialist. The numbness went away after a week. Now I to upgrade my ntuc incomeshield. My agent said have to declare that visit to AnE and it may have a little impact on the underwriting. And he said the qns would be asked in such a way that I cant avoid declaring. What are the chances of me upgrading successfully?

Don't care about the chances of acceptance 1st. Just make sure you (and your agent) declare EVERYTHING about your condition truthfully. If NTUC reject your application or give you loading/exclusion, you can always try another insurer.

It is better that NTUC consider every point of your declaration and decide to fail you, than to accept your application due to false declaration and decide not to pay you any claims in the future.

This article is relevant to you, please spend some time reading it.
http://www.clearlysurely.com/blog/p...en-the-smallest-details-matter-for-insurance/
 
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luckygal

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Don't care about the chances of acceptance 1st. Just make sure you (and your agent) declare EVERYTHING about your condition truthfully. If NTUC reject your application or give you loading/exclusion, you can always try another insurer.

It is better that NTUC consider every point of your declaration and decide to fail you, than to accept your application due to false declaration and decide not to pay you any claims in the future.

This article is relevant to you, please spend some time reading it.
http://www.clearlysurely.com/blog/p...en-the-smallest-details-matter-for-insurance/

Thank you. I really appreciate your advice. So I should just declare and attach the medical findings and leave it to them to underwrite.

Just curious. How did the insurance company come to find out abt her biospy years back? She did not declare and how would the insurance company come to know about it?
 

Bigoya

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Thank you. I really appreciate your advice. So I should just declare and attach the medical findings and leave it to them to underwrite.

Just curious. How did the insurance company come to find out abt her biospy years back? She did not declare and how would the insurance company come to know about it?

Healthcare records in SG are all linked. Just like if you see a GP and told him you have allergy to certain stuff, once he key into the system, all the hospitals would be able to access the records.

These records are probably accessible to insurance companies as well.

The thing is, insurer wouldn't go around checking your records upon application, they only do it when you make a claim.
 

luckygal

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Healthcare records in SG are all linked. Just like if you see a GP and told him you have allergy to certain stuff, once he key into the system, all the hospitals would be able to access the records.

These records are probably accessible to insurance companies as well.

The thing is, insurer wouldn't go around checking your records upon application, they only do it when you make a claim.

So see gp for cough stomach flu etc must declare too?
 

Bigoya

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So see gp for cough stomach flu etc must declare too?

Wah... your question a bit the challenging.

As grey as the insurance industry is, sometimes buying an insurance plan which acts as "transferring our financial risk" to an insurer, we are taking a certain level of the risk during the application process too. A lot of time is due to faith, such as "I believe I have done my declaration truthfully, and I believe the insurer will not chut pattern to reject my claims 10/20/40 years in the future."

For your question, if you want to be as "by right" as possible and play safe, you are still encouraged to declare, for simple reasons like "Just in case". Sometimes people might laugh at you and find it silly, but it doesn't take a huge effort for a simple declaration. But ofcos, if you last visited a GP for cough 3 years ago, that's probably a too minor issue and it's too long ago to make any sense declaring.

Some insurer would be more specific in their declaration section asking "Have you seek any form of treatment or visited a GP for the last 12 months.", if you visited one due to headache, flu etc, just declare.
But sometimes, things can get more vague when the question phrases in a such a way, "Any other illness/disorder/abnormalitis which are not mentioned above?". :s11:
 

Bigoya

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Anyway, luckygal, I hope you are not over worrying. Just proceed with the application and like dendii has said, most probably things should turns out well. :)
 

owenowenno

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"
Starwalkersg wrote:
Anyone got good contact for AXA agent? Planning to get the plan with basic rider"



Could i also have via PM the contact of reliable AXA agt? need to get similar insurance
 
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Freedomforlife

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Hi guys,

Planning to get AIA Healthshield Gold Max B Lite, which covered public hospital B1 ward with as-charged plan. Planning to get the rider (Max Essential B Lite) to cover the co-insurance and deductible.

Any advice if this plan is competitive and good to go? Any negative experience regard to claim and process?

Thanks in advance!
 

dendii

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All the hospital plans are pretty competitive. If the agent is someone you can trust I think you are good to go.

Unless you are very concerned about pricing than the only difference will be NTUC since it is the cheapest among all the current 6 insurers. However, I think a few forumers have posted about their experience before here already so I will leave it at this.

Coming from a neutral point though, claim wise all insurers will have their fair share of negative stories but so far I have yet to encounter any trouble when my client requires claiming from the shieldplan they got from me.

Do take note some things are not covered for shieldplan though for eg:
- Hospital admin charges if any
- A&E, A&E ward
- Vaccinations
- Medical examinations unless deemed to require surgical treatment

The above are a few more common ones to take note.

If in doubt, check under the MOH surgicial table to see if your treatment is listed under should there be such an unfortunate event happening. If it is listed, chances of claim are quite high provided everything else is normal.

Hi guys,

Planning to get AIA Healthshield Gold Max B Lite, which covered public hospital B1 ward with as-charged plan. Planning to get the rider (Max Essential B Lite) to cover the co-insurance and deductible.

Any advice if this plan is competitive and good to go? Any negative experience regard to claim and process?

Thanks in advance!
 
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iamneverenough

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Need some advice here, thinking of buying either prudential or aviva shield plan.

25 yo male here btw.

Seems like prudential offers longer pre and post hospitalization as compared to aviva but since I'm on aviva term plan, was thinking to get my shield under the same company as well.

Any suggestions?
 

luckygal

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Need some advice here, thinking of buying either prudential or aviva shield plan.

25 yo male here btw.

Seems like prudential offers longer pre and post hospitalization as compared to aviva but since I'm on aviva term plan, was thinking to get my shield under the same company as well.

Any suggestions?

Is there any advantage of getting under the same company?
 

Bigoya

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Need some advice here, thinking of buying either prudential or aviva shield plan.

25 yo male here btw.

Seems like prudential offers longer pre and post hospitalization as compared to aviva but since I'm on aviva term plan, was thinking to get my shield under the same company as well.

Any suggestions?

Have you checked AXA's shield plan? We cover 180 days pre- and 365 days post hospitalization too.

Premium wise, if you are going for Private hospitalisation coverage, AXA's plan would provide better cost-effectiveness. But if you are going for Class B1 ward and below, Prudential offers better cost.

Aviva's shield plan in my opinion is only good for their moratorium underwriting. If anyone has some severe pre-existing conditions which could be subjected to loading/exclusions/rejections by the other insurance companies, they should then consider Aviva.

You can refer to the very 1st post of this thread to get a better comparison of shield plans available across the industry, correct as of 11/02/2017.
http://forums.hardwarezone.com.sg/m...-comparison-find-out-cheapest-5183479-19.html


Is there any advantage of getting under the same company?

What is your reason to stick your Term plan and Shield plan with the same insurer?
The only valid advantage I could think of is, provided you trust your Aviva agent and/or the company itself in terms of service and claims processing, then only should you get from the same agent/insurer. Otherwise, cost-effectiveness and the consideration of a product practicability should come next.
 
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soneat

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Income has increased the premium for Enhanced IncomeShield Preferred wef 1st Mar 2017. The Rider portion not affected for this round.
 

windwaver

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Have you checked AXA's shield plan? We cover 180 days pre- and 365 days post hospitalization too.

Premium wise, if you are going for Private hospitalisation coverage, AXA's plan would provide better cost-effectiveness. But if you are going for Class B1 ward and below, Prudential offers better cost.[/url]

For private hospitals, AIA has 13 months post hospitalization :s13:, useful?
 
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