Regarding Prudential rider plans

[gingeroreo]

I have a PruExtra Premier currently and is due for renewal, however the premium is getting more and more expensive. Is there any other plan that is much affordable? Can be from other insurer too. Thinking of NTUC, is it good? Any recommendation?

And is it a must to switch to 95% co-pay rider? I thought those with existing full rider back then can maintain it through out but during renewal it changed my rider to co-pay. And isn’t this change supposed to be much cheaper than full rider? When I check the premium price table, it certainly doesn’t seem to be cheaper but more expensive instead.

Appreciate all advice. Thank you very much.

 

[Nancy Fancy]

Believe you mean hospitalisation plan.
Once you provide your age next birthday, we can list down the premium from very insurers for your consideration.
Also once have any preexisting illness, better to stay with prudential plan.

 

[boredboiboi]

I have a PruExtra Premier currently and is due for renewal, however the premium is getting more and more expensive. Is there any other plan that is much affordable? Can be from other insurer too. Thinking of NTUC, is it good? Any recommendation?

And is it a must to switch to 95% co-pay rider? I thought those with existing full rider back then can maintain it through out but during renewal it changed my rider to co-pay. And isn’t this change supposed to be much cheaper than full rider? When I check the premium price table, it certainly doesn’t seem to be cheaper but more expensive instead.

Appreciate all advice. Thank you very much.

Stick with it. Most cheapest now can be the most expensive in the future. Hospital plan is a plan that you wont want to keep changing.

 

[laurent_rio]

Hi,

I have PruExtra Premier currently and i just hospitalized for 2 days (public hospital ,Ward A). Can i still claim daily hospitalization benefit since i choose public hospital ?

I remember saw this clause before when i purchase this policy in 2012 but cant find anymore, and i cant find my original policy wordings as well

 

[boredboiboi]

Hi,

I have PruExtra Premier currently and i just hospitalized for 2 days (public hospital ,Ward A). Can i still claim daily hospitalization benefit since i choose public hospital ?

I remember saw this clause before when i purchase this policy in 2012 but cant find anymore, and i cant find my original policy wordings as well

Its changes over the years, i believe it no longer available. Best to check with ur agent or call pru hotline.

 

[BBCWatcher]

To reduce your premium you have a couple options:

1. Switch to the PRUExtra Premier Lite CoPay rider. This is the lowest cost rider available for PRUShield Premier, and in my view it's perfectly fine. It still caps your out of pocket costs for covered services at S$3,000 per year.

2. Switch your base plan to PRUShield Plus and your rider to PRUExtra Plus Lite CoPay. This is Prudential's Integrated Shield plan designed to cover public hospital A ward. It certainly doesn't prohibit you from obtaining care from a private hospital if you wish, and it covers a substantial amount of private hospital stays. You'll just have to top up with MediSave and/or cash. The premium is a heck of a lot lower of course.

 

[gingeroreo]

To reduce your premium you have a couple options:

1. Switch to the PRUExtra Premier Lite CoPay rider. This is the lowest cost rider available for PRUShield Premier, and in my view it's perfectly fine. It still caps your out of pocket costs for covered services at S$3,000 per year.

2. Switch your base plan to PRUShield Plus and your rider to PRUExtra Plus Lite CoPay. This is Prudential's Integrated Shield plan designed to cover public hospital A ward. It certainly doesn't prohibit you from obtaining care from a private hospital if you wish, and it covers a substantial amount of private hospital stays. You'll just have to top up with MediSave and/or cash. The premium is a heck of a lot lower of course.

Thank you so much for your valuable reply. Appreciated.

 

[laurent_rio]

Its changes over the years, i believe it no longer available. Best to check with ur agent or call pru hotline.

I check with my agent yes still have as long as your policy is Pru Extra (not the CoPay)

 

[boredboiboi]

I check with my agent yes still have as long as your policy is Pru Extra (not the CoPay)

That solve your question. Its still better to go direct to your agent or hotline than asking here without much info.

 

[laurent_rio]

That solve your question. Its still better to go direct to your agent or hotline than asking here without much info.

My agent very long reply, i asked and she always replied like 2-3 days later. Actually can you request change agent ?

 

[boredboiboi]

My agent very long reply, i asked and she always replied like 2-3 days later. Actually can you request change agent ?

Yes u can, but new agent might not help much also because they dont earn a single cent from you.

 

[cmanz81]

Most hospital insurance premiums have gone up.
Hospital plans go up by age and also, according to the insurerers, premiums are rising due to rising medical costs.

What to do, this is one of the most important insurance one can have. It's not a good idea to keep switching insurers especially if u have any medical procedures before as the new insurer may exclude your medical condition from your new plan.

 

[BBCWatcher]

What to do, this is one of the most important insurance one can have.

I don't think that's actually true for Singaporean citizens living in Singapore since they're covered by MediShield Life and qualify for maximum available subsidies. I would rank Disability Income Insurance and (for those who have at least one dependent) life insurance as higher insurance priorities.

 

[cmanz81]

I don't think that's actually true for Singaporean citizens living in Singapore since they're covered by MediShield Life and qualify for maximum available subsidies. I would rank Disability Income Insurance and (for those who have at least one dependent) life insurance as higher insurance priorities.

True. The thing with Medishield life is that it is primarily for public hospitals for B2 and below wards.
I may have to wait quite a bit in order to get treated, waiting time may be longer during the current situation. Unless if I opt for private plans which means I can be treated at private hospitals almost immediately.

 

[BBCWatcher]

True. The thing with Medishield life is that it is primarily for public hospitals for B2 and below wards.
I may have to wait quite a bit in order to get treated, waiting time may be longer during the current situation. Unless if I opt for private plans which means I can be treated at private hospitals almost immediately.

Sure, you might have to wait for non-urgent care. If you want to wait less, you can pay MediSave and/or cash. That's "not the end of the world." Top priority insurance is for the "end of the world" stuff. Example: You're a widow or widower with two young children dependent on you. If you were to die (or become disabled for that matter), what happens to your children? Financial support is REALLY important in that event.

 

[twinbaby]

I am taking Pru Extra Lite, with 95% co insurance payable and 50% deductible, because I don't require to have TCM, Personal Accident, and I don't need to worry about Panel or non panel doctor, don't need to worry about claims based pricing. So I have having a deducitble of 1750. As its 1750 minor claims like nasaendoscopy won't make the cut, however I don't have to worry about claims based pricing. Any amount I paid from medisave will also count towards the deductible.

 

[Panerex]

To reduce your premium you have a couple options:

1. Switch to the PRUExtra Premier Lite CoPay rider. This is the lowest cost rider available for PRUShield Premier, and in my view it's perfectly fine. It still caps your out of pocket costs for covered services at S$3,000 per year.

2. Switch your base plan to PRUShield Plus and your rider to PRUExtra Plus Lite CoPay. This is Prudential's Integrated Shield plan designed to cover public hospital A ward. It certainly doesn't prohibit you from obtaining care from a private hospital if you wish, and it covers a substantial amount of private hospital stays. You'll just have to top up with MediSave and/or cash. The premium is a heck of a lot lower of course.

Is there a name change from “PruExtra Premier Lite” to “PruExtra Premier Lite CoPay”?

however my insurance plan upon renewal is still reflected as “PruExtra Premier Lite”

 

[IcYFl4mEz]

you can downgrade to public hosp A ward, and still dont need copay.
anyone recently downgraded care to share some finding/research or comparison before you did so?