Integrated shield plans

[bladez87]

You are on assist plus, copay limit 2k plus cash benefits. Your pte coverage premium is X, so your rider also X

I am on enhanced incomeshield B with plus rider. I can continue to keep the rider so long I think i can afford to pay but once it escalates at an older age, I can downgrade to assist plus in future and copay limit 2k.

New riders deluxe copay 5% limit 3k, classic 10% limit 3k are for new policy holders. Once u terminate your policy and later return, u are under new riders.

Lets compare the premium of the 4 riders under enhanced incomeshield B, using eg age band 41-45:

Plus = 237, Assist = 157, difference 80
deluxe = 213, classic 133

I pay for Plus = 80 more than Assist = 2000/80 < estimated 20 years (increase by age band), I am paying in advance to cover 20years, which to me is ok. Insurance is an expense, nothing happens good, we dun want anything to happen.

The new riders dun offer cash benefits. Under Plus/Assist, if I stay in a lower ward, I get cashback = recovery of some premiums plus cover medical costs not covered by policy.

Does the new policy u are switching to offer such benefits, besides other benefits u are looking at which Income dun offer.

I just noticed Income increased the pre/post hospitalisation benefit to 100 days. Need to check on this.

I will never switch, risk of exclusion!

2000/80 is to simple as Calculation. It increases. Exponentially over the years.
A pity I don't have plus... Otherwise I will keep.

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[maple96]

2000/80 is to simple as Calculation. It increases. Exponentially over the years.
A pity I don't have plus... Otherwise I will keep.

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already discounted, supposed to be 25 by simple maths

now u regret not having plus, hope u dun regret after u make a switch!

If cost is a concern, u can always downgrade your enhanced incomeshield , u still get to keep your assist rider.

 

[bladez87]

already discounted, supposed to be 25 by simple maths

now u regret not having plus, hope u dun regret after u make a switch!

If cost is a concern, u can always downgrade your enhanced incomeshield , u still get to keep your assist rider.

the new riders seems better than assist rider. so no point keeping assist.

 

[maple96]

the new riders seems better than assist rider. so no point keeping assist.

is that so, u mean from other insurers? i never look. Assist cap is 2k with cash benefits. Your choice/decision.

 

[bladez87]

is that so, u mean from other insurers? i never look. Assist cap is 2k with cash benefits. Your choice/decision.

but the pre post hospital is only 90d.

 

[maple96]

but the pre post hospital is only 90d.

website now show 100d.

I was hospitalised twice, post treatment more than 90 days, so cannot claim. Luckily I stayed in a lower ward, got the cash benefit to help pay. Because I stayed in lower, more govt subsidies, so medical cost lower. I also request they expedite physio treatment to complete within the 90 days

I also have another hospitalisation rider which pays me for hospitalisation leave, so helped me pay for it as well. Almost 4mths and 6mths of leave I claimed.

Depending on cause of hospitalisation/illness, eg 4th stage cancer, person had to run in and out of hospital, so the 90 days is not a concern.

Your choice what u want considering the risk u are taking for switiching. Plus pte or A ward more expensive.

 

[harky]

Can I still downgrade while keep full rider? Buy before March 2018

 

[maple96]

Can I still downgrade while keep full rider? Buy before March 2018

NTUC income enhanced incomeshield can downgrade and still keep full rider per the website.

Website also state can downgrade from full rider to assist, old policy holders.

Call to double confirm.

 

[harky]

I on GE p plan. Want to downgrade to b

ntuc is my mom one, which she already on b plan.

NTUC income enhanced incomeshield can downgrade and still keep full rider per the website.

Website also state can downgrade from full rider to assist, old policy holders.

Call to double confirm.

 

[xxDonmaxx]

I on GE p plan. Want to downgrade to b

ntuc is my mom one, which she already on b plan.

GE P Plan can downgrade with full rider intact if you started the plan before last year

 

[harky]

ok thanks.

old liao, getting ex. need to downgrade liao

GE P Plan can downgrade with full rider intact if you started the plan before last year

 

[CPTMiller]

ok thanks.

old liao, getting ex. need to downgrade liao

When ages catches up the Medisave usable amount set by government will not be able settle the shield plan premium and cash topup needed.
If ones mind the cash top up then best to downgrade the plan.

 

[Meemoosaa]

website now show 100d.

I was hospitalised twice, post treatment more than 90 days, so cannot claim. Luckily I stayed in a lower ward, got the cash benefit to help pay. Because I stayed in lower, more govt subsidies, so medical cost lower. I also request they expedite physio treatment to complete within the 90 days

I also have another hospitalisation rider which pays me for hospitalisation leave, so helped me pay for it as well. Almost 4mths and 6mths of leave I claimed.

Depending on cause of hospitalisation/illness, eg 4th stage cancer, person had to run in and out of hospital, so the 90 days is not a concern.

Your choice what u want considering the risk u are taking for switiching. Plus pte or A ward more expensive.

You are lucky that your situation has little complications and follow-ups require less than 90 days.

For those with complications, 90 days is nothing and goes by real quick. There are many tests and follow-up that requires a stretch of time for observation.

I am in a situation where my post hospitalization tests and follow-ups are likely to be stretched up to 2 years.

I think AIA is the only insurance provider that includes up to 13 months post hospitalization claims as long as you use their panel docs.

 

[bladez87]

You are lucky that your situation has little complications and follow-ups require less than 90 days.

For those with complications, 90 days is nothing and goes by real quick. There are many tests and follow-up that requires a stretch of time for observation.

I am in a situation where my post hospitalization tests and follow-ups are likely to be stretched up to 2 years.

I think AIA is the only insurance provider that includes up to 13 months post hospitalization claims as long as you use their panel docs.

Ntuc panel also 365d

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[maple96]

You are lucky that your situation has little complications and follow-ups require less than 90 days.

For those with complications, 90 days is nothing and goes by real quick. There are many tests and follow-up that requires a stretch of time for observation.

I am in a situation where my post hospitalization tests and follow-ups are likely to be stretched up to 2 years.

I think AIA is the only insurance provider that includes up to 13 months post hospitalization claims as long as you use their panel docs.

I will not buy insurance to cover all scenarios or worst case scenarios, not like those people who buy term to get 1m upon death. We still have medisave to help pay for it in worst case scenarios, if u know how to benefit from such claims (so much I can share).

As shared, in a worst case scenario like stage4 cancer, I had seen the people running in and out of hospital, so the 90/100 days is no longer a concern.

If u choose to buy expensive isp to cover worst case scenarios, is your choice. Make sure u have enough medisave and cash to pay the forever increasing premiums to contribute to the medisshield life risk pool to help those with pre-existing conditions.

(for your info, my condition was more than 8mths, but I managed it to cut medical costs to 90 days as much as possible. Another condition was more than 1 year, but medical checkup less frequent every 3-6 mths,)

 

[BBCWatcher]

Ntuc panel also 365d

Only for their private hospital plan, and then it’s 180/365 pre-/post-hospitalization for panel providers.

 

[hwmook]

I will not buy insurance to cover all scenarios or worst case scenarios, not like those people who buy term to get 1m upon death. We still have medisave to help pay for it in worst case scenarios, if u know how to benefit from such claims (so much I can share).

As shared, in a worst case scenario like stage4 cancer, I had seen the people running in and out of hospital, so the 90/100 days is no longer a concern.

If u choose to buy expensive isp to cover worst case scenarios, is your choice. Make sure u have enough medisave and cash to pay the forever increasing premiums to contribute to the medisshield life risk pool to help those with pre-existing conditions.

(for your info, my condition was more than 8mths, but I managed it to cut medical costs to 90 days as much as possible. Another condition was more than 1 year, but medical checkup less frequent every 3-6 mths,)

1M term is because there is a need to cover for dependents. It's not that excessive IMO. I would not buy $100,000 life, low coverage poor returns.

 

[Meemoosaa]

Ntuc panel also 365d

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That's great ! Its important to get covered for as much as one possibly can after hospitalization.

 

[Meemoosaa]

I will not buy insurance to cover all scenarios or worst case scenarios, not like those people who buy term to get 1m upon death. We still have medisave to help pay for it in worst case scenarios, if u know how to benefit from such claims (so much I can share).

As shared, in a worst case scenario like stage4 cancer, I had seen the people running in and out of hospital, so the 90/100 days is no longer a concern.

If u choose to buy expensive isp to cover worst case scenarios, is your choice. Make sure u have enough medisave and cash to pay the forever increasing premiums to contribute to the medisshield life risk pool to help those with pre-existing conditions.

(for your info, my condition was more than 8mths, but I managed it to cut medical costs to 90 days as much as possible. Another condition was more than 1 year, but medical checkup less frequent every 3-6 mths,)

Of course it's up to one's choice. I am not advocating that everyone must get comprehensive coverage but if one can do so, then it would be ideal.

I'm still a fairly young person in medical terms and considerations are that if I fall ill - I would need medical access fast and convenient so that my livelihood can be least disrupted. That means having access to private healthcare.

Don't get me wrong, I am proud of our public healthcare and my retirement parents and other elderly relatives have benefited from it greatly albeit they have plenty of time to wait, queue and return for all sort of tests, scans and consult. I don't.

Increasing premiums is honestly the least of my concerns at the moment, getting oneself covered in the most comprehensive way without disrupting my livelihood is key for me. As I get older and find that I can't afford it anymore, I will consider downgrading. Right now, at the prime of my life I find that comprehensive healthcare is ever more important.

I never have to wait more than 15 mins to see a doc. There are always plenty of slots. Treatment and appointment time are worked around patient's availability. Multiple scans and tests can all be arranged in a single day and sometimes even back to back so no waiting around. Blood test can be ready in 90 mins. All these are very precious time saving follow-ups while returning to work at the same time and keeping my sanity in place. But alas, it comes at a price which I will never be able to afford without the comprehensive coverage.

For those who have had experiences of complex follow-ups, you will know how it can drive one insane.

I bought a comprehensive coverage in my early years because I have a family with a large number of elderly relatives with various illnesses and it was still fairly affordable in my younger years. Also the younger you buy, the better the chances of getting it approved. Try buying it at age 40 and above and one will have to start declaring all sort of pre-existing conditions and the providers will start to slap all sort of extra premiums on top.

 

[Meemoosaa]

Only for their private hospital plan, and then it’s 180/365 pre-/post-hospitalization for panel providers.

AIA's private hospital plan is 13 months pre AND post ! Also 100 days (3 months+) extension extra for post if illness falls under critical illness list. The most generous one on the market at the moment. I just need to make sure the doctors are on the panel list !

When I signed up I didn't pay much attention to these pre-and-post benefits. It was only after hospitalization that I realised how crucial they are !

But I think 180/365 from NTUC is sufficient and reasonable too.