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Medishield Comparison. Find out which is the cheapest

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Old 25-09-2015, 04:50 PM   #16
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can change to any of these companies at any time without any issue?
If you do not have any pre-existing condition, it would be good to switch to other plan with lower cost. You might wanna check out their benefit in MOH website.
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Old 25-09-2015, 05:21 PM   #17
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If you do not have any pre-existing condition, it would be good to switch to other plan with lower cost. You might wanna check out their benefit in MOH website.
hahaha, unless u very sure u are 100% healthy, switch fast, otherwise dun try, u might end up with no ISP or more expensive with pre existing condition, hahaha, my general knowledge
hmmmm.... AFAIK dont have any pre-existing medical illnesses that need to be declared, so can say no unless they need me to go for a full comprehensive medical check up before allowing a switch?
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Old 25-09-2015, 05:27 PM   #18
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If you're young (<30) then I think should be ok.
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Old 25-09-2015, 05:36 PM   #19
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years ago heard ntuc always got problem claiming. dunno is slow or wat. anyone knows more?

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Old 25-09-2015, 08:26 PM   #20
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if u retire at 65, how long wld it take for ur medisave to run out ?
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Old 25-09-2015, 10:07 PM   #21
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Care to share where do you get the figures from?
Can't seem to find on MOH website.

Thanks.
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Old 26-09-2015, 12:33 AM   #22
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if u retire at 65, how long wld it take for ur medisave to run out ?
Depends on how long you can stand.
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Old 26-09-2015, 03:07 PM   #23
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Any reason why you calculate only until 75 years old? You may want to include till 85 (or at least till the Singapore life expectancy ratio of 83).

I can see that the annual premium after 75 are exponentially more expensive.
The reason for calculating till age 75 is becos not all insurers show their premiums above that age for medishield main plan.

Although, I have included a comparison between aviva and ntuc till 90 if u download the excel. They are the only insurers which have the price displayed on their website till 90
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Old 30-09-2015, 02:11 PM   #24
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Does anyone know the market shares of the different insurers for the integrated shield plans? Because in the longer run, it may make sense to buy from the larger ones (assuming of course, there is no big variance in underwriting standards). Thanks.
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Old 01-10-2015, 10:10 AM   #25
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Does anyone know the market shares of the different insurers for the integrated shield plans? Because in the longer run, it may make sense to buy from the larger ones (assuming of course, there is no big variance in underwriting standards). Thanks.
Heard ntuc market share is 70%
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Old 01-10-2015, 07:31 PM   #26
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Any idea how ISP works with pre-existing illnesses when Medishield Life starts?

ISP don't cover them while MS Life does? Quite confused over here.
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Old 01-10-2015, 09:25 PM   #27
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Any idea how ISP works with pre-existing illnesses when Medishield Life starts?

ISP don't cover them while MS Life does? Quite confused over here.
When a claim arises and it is related to pre-existing illnesses, payout will only be from Medishield Life and none from ISP.
Medishield life payout is pegged to B2/C ward.

ISP comes in when you live in B1 and above ward and claim not related to pre-existing illnesss.
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Old 09-12-2015, 08:37 PM   #28
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Hi all


I did up an excel on the latest medishield life comparison among insurers. Feel free to download the excel. Take note that my calculation starts from age 27. Pls calculate the cost according to ur age

Just a summary:

- NTUC is the cheapest if you are getting both Main Plan and Full rider
- If you are getting main plan only (wo rider), NTUC and Pru very competitve
- GE most expensive

https://drive.google.com/file/d/0B5B...ew?usp=sharing


hi ts, did your study also include the max number of days for pre and post hospitilisation plan?

another thing that i can think of it - some of the plan only pay when you are warded - that means there must be a board and room charges.

if you suay, got to wait for observation ( observation - no board and room charges ) then not all the plan can claim.
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Old 09-12-2015, 10:27 PM   #29
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hi ts, did your study also include the max number of days for pre and post hospitilisation plan?

another thing that i can think of it - some of the plan only pay when you are warded - that means there must be a board and room charges.

if you suay, got to wait for observation ( observation - no board and room charges ) then not all the plan can claim.
I think all insurers need to be warded for at least 6hrs for claim. Doubt any insurer able to claim for observation.

Let me upload another ppt I made abt medishield life

https://drive.google.com/file/d/0B5B...ew?usp=sharing
kwh_89 likes this.

Last edited by blurpandasg2014; 09-12-2015 at 10:33 PM..
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Old 10-12-2015, 12:02 AM   #30
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post medishield life, what are the key differences between each provider?
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