Dear Mr Tan,
I am a civil servant. On my retirement, I and my wife are eligible to receive medical benefits for a lifetime. However, I am required to make a co-payment of 20% for the ward charges. Can I buy insurance for this co-payment?
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REPLY:
NTUC Income provides an insurance plan to cover half of the co-payment. In my frank view, you do not need to insure this risk. The co-payment is quite small. You can make the co-payment out of your Medisave savings.
Wife of retired civil servant enjoys the medical benefit as long as the retired civil servant is still alive, correct me if i am wrong.
ReplyDeleteWhat happened if the wife out live the husband, will she lost the medical benefit?
One may still consider a Shield Plan for the wife as a backup and to use it to cover the 20%.
Regards
Thomas Phua