All About Health Insurance

[Daybreakventure]

this post is interested and informatic. Health insurance is insurance that pays for all or part of a person’s health care bills. The types of health insurance are group health plans, individual plans, workers’ compensation, and government health plans such as Medicare and Medicaid.Health insurance can be further classified into feefor-service and managed care. Both group and individual insurance plans can be either fee-for-service or managed care plans. thanks for share!

[keltong]

amylqf:

Yes, My husband recently bought golden protection from great eastern for my mother-in-law.

she is currently 73, as far as i know no other insurance company will cover her because of her age (mostly only cover before 65) and she is diabetic. so lucky she is 2 years younger than 75, otherwise golden protector also can't protect her, hehe... and she does not need to do health checkup as it is personal accident plan. The coverage is only up to 55000. Well, it is better than nothing, i suppose.

Thanks amylqf for sharing this. This will be good for my parents. Will probably sign up for them too.

[janice_0950]

Any of insurance concern daily an accidents?

While in the school or anytime?
I would like to buy it for my boy which in Primary school now.

[daddy2007]

janice_0950:

Any of insurance concern daily an accidents?

While in the school or anytime?
I would like to buy it for my boy which in Primary school now.

What is your definition of accidents? cuts? fracture? or the more serious types such as lost of fingers/limbs etc?

[verykiasu2010]

janice_0950:

Any of insurance concern daily an accidents?

While in the school or anytime?
I would like to buy it for my boy which in Primary school now.

check with the school

some schools has an insurance cover for all the kids, like PA policy

[ZacK]

janice_0950:

Any of insurance concern daily an accidents?

While in the school or anytime?
I would like to buy it for my boy which in Primary school now.

Yeap as suggested above you may wish to check if your son's school has gotten some form of group insurance with personal accident coverage. Alternative you may wish to consider getting a standalone personal accident policy catered for school going kids.

Some examples (note that the list below is not exhaustive) for your reference below:
- From AIA: http://www.aia.com.sg/health/hiplans-star-shield.html
- From GE Life: http://www.lifeisgreat.com.sg/en/jsp/products/protect/juniorp.jsp
- From Manulife: http://www.manulife.com.sg/product_overview_family_mpal.aspx
- From Prudential: http://www.prudential.com.sg/corp/prudential_en_sg/solutions/protect/PRUaccident_cover.html
- From NTUC: http://www.income.com.sg/insurance/SPP/index.asp

Disclaimer: Do note that I am not advocating any particular company or plan. The links are attached more for information and self-reading so that you may be aware of what are the type of child accident policies available in the market. You are advised to approach your financial planner or insurance broker to assist you in finding out which plan is suitable to meet your needs.

Cheers :celebrate:

[Darren10]

Hi,

I think that you can get plenty of general Information on this Topic via Internet but in order to have specific answers the agent can help you best in this regard…

[smurf]

Does anyone know?


Say if person A bought insurance and he claimed it for knee cut injury. Would his premium go up the next round when payment is due? :?

[smurf]

Which companies have the best health insurance? Can anyone recommend a good agent?

[UncleLim]

I have just signed up hospitalisation insurance for my wife and child this morning. At the same time, a friend of mine is fighting with a private hospital regarding his wife’s hospital bill. So this brings to my mind another angle to look at buying insurance… that of Responsiveness for Claims.


Without putting anyone down, we all know insurance agents are most helpful when they have a policy to sell you. They answer your calls and visit you in your home or wherever most convenient to you. But where do they go when you have a claim to make?

In my friend’s case, while his wife lies in the hospital bed, the insurance agent who sold them the policy is "on course". The colleague has taken over his case but she is "quite busy" and difficult to hunt down. In the meantime, my friend is calling friends and relatives for loans to pay the hospital bill because the insurance company and the hospital disagree on the claiming process.

The same goes to bank sales people trying to sell you their financial products. To cut a long story short, a big bank mortgage specialist was so friendly until I decided to postpone signing on the dotted line. Suddenly his SMSes became short and curt, if not downright rude.

This are just my experiences to share with you - so that you do not just look at the nice colour brochures, product info and other details.

In the meantime, keep healthy!