Wednesday, November 28, 2007

Buying a Shield Plan

Are these questions relevant to you?

1. I am provided with medical benefit by my employer. Do I need to buy a Shield plan?
2. What type of plan should I buy? Medishield (from CPF) or a private Shield?
3. Should I buy the rider to cover the Deductible and Co-insurance?
4. Should I buy a “as charged” plan?
5. Should I buy a plan with a high lifetime limit of $5 million.
6. How do I convert from Medishield to a private Shield plan?
7. Can I cover my parent under a Shield plan?
8. Can I pay a level premium for my Shield plan?
9. How much of the hospital bill is paid by the Shield plan?
10. How can I avoid double insurance?
11. Should I use my Medisave or pay by cash?
12. Can the insurance company refuse to renew my medical insurance, if I make a few claims?

You can find the answers in this FAQ:
http://www.tankinlian.com/faq/shield.html
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2 comments:

Anonymous said...

Just to add on to item (5) -
"Should I buy a plan with high lifetime limit of 5 million or even unlimited lifetime coverage"

Like Mr. Tan, I find that the "5 or 10 million" or "unlimited lifetime coverage" absolutely useless. If the costs of provided this benefit is factored into the plan - it is out to cheat us of our hard earn money. Prove me wrong.

How to complain to authorities about this misleading benefit?


Cheers.

November 20, 2007 7:17 PM
Anonymous said...

Complain to MOH that those shield plans offering life time limit is
misleading and gimmicky.

November 20, 2007 11:16 PM

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