I have suggested that the deductible be removed from basic medishield and the integrated plans.
The deductible currently varies from $1,000 to $1,500. The patient has to pay the deductible before claiming under the medishield or integrated plan. Many people buy a rider to cover the deductible.
I suggest that consumers be allowed to cover the deductible under basic medishield by paying a higher premium. This will save them the additional cost of buying the rider from an insurance company.
They need to move to the integrated plan to buy the rider. The premium for the rider is higher than the cost of insuring the deductible as it involves marketing and administration expenses.
Tan Kin Lian
The deductible currently varies from $1,000 to $1,500. The patient has to pay the deductible before claiming under the medishield or integrated plan. Many people buy a rider to cover the deductible.
I suggest that consumers be allowed to cover the deductible under basic medishield by paying a higher premium. This will save them the additional cost of buying the rider from an insurance company.
They need to move to the integrated plan to buy the rider. The premium for the rider is higher than the cost of insuring the deductible as it involves marketing and administration expenses.
Tan Kin Lian
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