<![CDATA[MediShield Life]]>Who is paying the annual premiun for our kids? Has any parent receive notice of payment or deduction fr yr cpf for premium of your kids?

]]>https://forum.kiasuparents.com/topic/74489/medishield-lifeRSS for NodeFri, 24 Apr 2026 18:36:26 GMTSun, 19 Jun 2016 13:48:41 GMT60<![CDATA[Reply to MediShield Life on Mon, 25 Jan 2016 17:10:30 GMT]]>Just a quick sharing pertaining to some questions:


1) "Private insurers" are the term that we usually used to provide us with integrated shield coverage. In layman terms, to cover higher SUM, higher PROPORTION, restructured/private hospital and with the correct rider, 100% of the bills, under the terms and conditions for the situation for the claim.

2) Medishield life has pros and cons. cons is that you need additional payment from medisave (but you cant take this money out anyway). pros is that they cover pre-existing illness (with certain % extra premium for a certain number of years) and some other stuff. Currently no private insurers cover pre-existing illness.

3) One person can only have one intergrated shield with one private company. Signing with another company will cause the other to auto cancel. If you have developed illness during that time, DO NOT CANCEL, if not your illness will cause you to be rejected or excluded. Also, there is no such thing as double claim in H&S. (meaning claim from 2 companies for the same reason, same bills)

4) Medishield Life is compulsory by gov. =X I guess its a good thing. My dad had a stroke 3 years ago and he opt out of his shield back then, thinking it uses his "money". So he ended up getting nothing paid.

5) There are certain measures to reduce initial costs for initial years. you can check out the medishield life website.

6) Leveraging on the entire Singaporean population, the premium vs the pooling leverage is decent for the amount to be covered (especially pre-existing illness)

]]>https://forum.kiasuparents.com/post/1633770https://forum.kiasuparents.com/post/1633770Mon, 25 Jan 2016 17:10:30 GMT<![CDATA[Reply to MediShield Life on Fri, 30 Oct 2015 23:56:07 GMT]]>MediShield Life coverage to kick in at midnight

http://www.straitstimes.com/singapore/h ... t-midnight

]]>https://forum.kiasuparents.com/post/1599701https://forum.kiasuparents.com/post/1599701Fri, 30 Oct 2015 23:56:07 GMT<![CDATA[Reply to MediShield Life on Mon, 05 Oct 2015 12:34:28 GMT]]>Anybody received the letter on the new premium payable?


I read the below and for info/sharing:
Premium Shock for Medishield Life
http://www.ifa.sg/premium-shock-for-medishield-life/

]]>https://forum.kiasuparents.com/post/1588508https://forum.kiasuparents.com/post/1588508Mon, 05 Oct 2015 12:34:28 GMT<![CDATA[Reply to MediShield Life on Mon, 21 Sep 2015 12:35:38 GMT]]>I am waiting for the arrival of the letter on my annual premium payable.

]]>https://forum.kiasuparents.com/post/1581278https://forum.kiasuparents.com/post/1581278Mon, 21 Sep 2015 12:35:38 GMT<![CDATA[Reply to MediShield Life on Mon, 21 Sep 2015 12:34:08 GMT]]>

starlight1968sg:
Imami:

[quote=\"starlight1968sg\"]Less than 1% of Singaporeans to pay additional premiums for MediShield Life: Health Ministry


http://www.straitstimes.com/singapore/h ... d-life-moh

https://www.moh.gov.sg/content/moh_web/ ... dish0.html

Any idea why, starlight?

Pardon me?
Isnt this is gd that very few pple would need to pay the additional (30%) premiums?[/quote]Oh so sorry... I wasn't following closely. I thought it's a matter of choice and additional premium means more coverage.

]]>https://forum.kiasuparents.com/post/1581277https://forum.kiasuparents.com/post/1581277Mon, 21 Sep 2015 12:34:08 GMT<![CDATA[Reply to MediShield Life on Mon, 21 Sep 2015 12:29:03 GMT]]>

Imami:
starlight1968sg:

Less than 1% of Singaporeans to pay additional premiums for MediShield Life: Health Ministry


http://www.straitstimes.com/singapore/h ... d-life-moh

https://www.moh.gov.sg/content/moh_web/ ... dish0.html

Any idea why, starlight?

Pardon me?
Isnt this is gd that very few pple would need to pay the additional (30%) premiums?

]]>https://forum.kiasuparents.com/post/1581276https://forum.kiasuparents.com/post/1581276Mon, 21 Sep 2015 12:29:03 GMT<![CDATA[Reply to MediShield Life on Mon, 21 Sep 2015 12:27:45 GMT]]>

starlight1968sg:
Less than 1% of Singaporeans to pay additional premiums for MediShield Life: Health Ministry


http://www.straitstimes.com/singapore/h ... d-life-moh

https://www.moh.gov.sg/content/moh_web/ ... dish0.html
Any idea why, starlight?

]]>https://forum.kiasuparents.com/post/1581275https://forum.kiasuparents.com/post/1581275Mon, 21 Sep 2015 12:27:45 GMT<![CDATA[Reply to MediShield Life on Mon, 21 Sep 2015 11:02:53 GMT]]>Less than 1% of Singaporeans to pay additional premiums for MediShield Life: Health Ministry


http://www.straitstimes.com/singapore/h ... d-life-moh

https://www.moh.gov.sg/content/moh_web/ ... dish0.html

]]>https://forum.kiasuparents.com/post/1581233https://forum.kiasuparents.com/post/1581233Mon, 21 Sep 2015 11:02:53 GMT<![CDATA[Reply to MediShield Life on Sat, 29 Aug 2015 03:00:50 GMT]]>Love these catchy MV created by Roystan Tan :love:


Teochew: https://youtu.be/xT_7lvIcI5I

Cantonese: https://youtu.be/z9z8meqvsQo

Hokkien: https://youtu.be/QvPQ0bPwkx8

]]>https://forum.kiasuparents.com/post/1568353https://forum.kiasuparents.com/post/1568353Sat, 29 Aug 2015 03:00:50 GMT<![CDATA[Reply to MediShield Life on Fri, 21 Aug 2015 11:26:04 GMT]]>Hi!


Just to note for the upcoming 1 year after medishield life has been implemented, all private insurers have pledged not to increase their premium.

The additional premium coming from medishield life replacing medishield will be subsidized and fully paid using CPF medisave.

Hold on to your private insurer medishield plans as they cover above B2 wards and has greater claim limits for each category. Also, riders enable you not to pay from the first $ of your bills. For medishield only cover B2 and C wards.

Also, for any parents who are also looking for free coverage for their children up to age 21 for hospitalization bills, can PM for more details.

]]>https://forum.kiasuparents.com/post/1563498https://forum.kiasuparents.com/post/1563498Fri, 21 Aug 2015 11:26:04 GMT<![CDATA[Reply to MediShield Life on Sun, 09 Aug 2015 07:57:29 GMT]]>Try to get the rider if getting health shield. I didn’t get for my elder son and ended up I had to pay the bill. So for my younger son, I took up the rider and his hospital bill is all paid for.

]]>https://forum.kiasuparents.com/post/1556433https://forum.kiasuparents.com/post/1556433Sun, 09 Aug 2015 07:57:29 GMT<![CDATA[Reply to MediShield Life on Mon, 03 Aug 2015 08:17:01 GMT]]>

hercules:
Meaning, sometimes the single-bed or multi-bed arrangement is not only for the patient's comfort but also for the comfort of loved ones.

When unexpected happens...it also helps the family...I get insured better so that if anything happens to me at least my family will get something, or do not have to worry about the medical cost.

]]>https://forum.kiasuparents.com/post/1553235https://forum.kiasuparents.com/post/1553235Mon, 03 Aug 2015 08:17:01 GMT<![CDATA[Reply to MediShield Life on Sun, 02 Aug 2015 12:25:19 GMT]]>MediShield Life to start on 1 Nov 2015:

http://www.straitstimes.com/singapore/h ... t-on-nov-1
Pray that the annual premium is reasonable and affordable...

]]>https://forum.kiasuparents.com/post/1552759https://forum.kiasuparents.com/post/1552759Sun, 02 Aug 2015 12:25:19 GMT<![CDATA[Reply to MediShield Life on Sat, 27 Jun 2015 05:56:01 GMT]]>For those who can afford, best to get the highest plan you can afford with IP.


The case may seem a ‘pay and pay’ way but when one needs to utilise it, he will know all the payments have been worthwhile.

The spirit of insurance has always been one of ‘pooled resources to give to those in needs’. If one pays and pays and doesn’t need to file claims, then that’s a good news. If he claims, that’s a ‘bad-good’ news for him.

In my opinion, all kids should be insured under the best IP plan since the plan is relatively cheap when they are under around 20. Once they start work, then it is up to them to decide whether they want to downgrade or to remain. If a kid is insured under regular medishield only and at age around 18 suffers an illness, he may have difficulty upgrading to an IP plan later in life if that disease warrants him ‘uninsurable’.

Most of the time we will just ‘pay and pay’ to the IP plan when we are young and may claim as we age (above 45 years old when cancer starts to strike). So for those who have been paying for IP, it may be worth continuing as you have ‘saved’ those premiums that are supposed to have a higher chance of claims when you age and so it will be a waste if you drop it (when you actually can afford).

Public hospitals have this notorious waiting weeks/months when come to specialist appointments. If you can afford to wait one/two/three months for an appointment after your GP told you you have a lump in your breast, then regular medishield can be the plan for you. (most of the time I know people say public hospital is good enough when all things are well, but when things go wrong, most of them can’t wait and head to highly recommended surgeon for diagnosis/surgery and have to burn a big whole in their pockets when they are under basic shields).

My late mum was under basic shield (Plan B NTUC) and my friend’s late mum was under the best IP. My mum stayed in SGH 4-bedded for about 4 weeks and my friend’s late mum stayed in a pte hospital single-bed for about 6 weeks before each passed on. If I wanted to accompany my mum in the hospital overnight, I had to sit on a chair till morning with whole body ache while my friend could lie comfortably on the sofa bed and next day still well enough for work. Meaning, sometimes the single-bed or multi-bed arrangement is not only for the patient’s comfort but also for the comfort of loved ones.

]]>https://forum.kiasuparents.com/post/1529698https://forum.kiasuparents.com/post/1529698Sat, 27 Jun 2015 05:56:01 GMT<![CDATA[Reply to MediShield Life on Sat, 27 Jun 2015 00:23:18 GMT]]>Related to MediShield Life,

No premium hike for IPs in MediShield Life's first year -
http://www.straitstimes.com/news/singap ... r-20150627

]]>https://forum.kiasuparents.com/post/1529601https://forum.kiasuparents.com/post/1529601Sat, 27 Jun 2015 00:23:18 GMT<![CDATA[Reply to MediShield Life on Thu, 14 May 2015 13:48:44 GMT]]>There is a talk on medishield and cpf coming up. Talking about how it will affect our retirement.

On 11 June. Contact your financial adviser if u wanna to go. Limited seats. Only via registration. Just got news today.

]]>https://forum.kiasuparents.com/post/1506353https://forum.kiasuparents.com/post/1506353Thu, 14 May 2015 13:48:44 GMT<![CDATA[Reply to MediShield Life on Sat, 09 May 2015 03:35:22 GMT]]>

mathcoachingmentor:
Do we have to update any information? I thought it was just a reminder letter to inform that it will kick start soon? Maybe I haven't received the second letter....
I didnt change any but suppose it is a confirmation of the family members living in the stated household.

]]>https://forum.kiasuparents.com/post/1502909https://forum.kiasuparents.com/post/1502909Sat, 09 May 2015 03:35:22 GMT<![CDATA[Reply to MediShield Life on Fri, 08 May 2015 14:43:02 GMT]]>Have you received a letter regarding updating/confirming household info for MediShield Life?

Did you click the button "Do Not Access My Financial Information" at the last part?

]]>https://forum.kiasuparents.com/post/1502701https://forum.kiasuparents.com/post/1502701Fri, 08 May 2015 14:43:02 GMT<![CDATA[Reply to MediShield Life on Tue, 21 Apr 2015 23:18:28 GMT]]>Medishield Life: Answers to 101 frequently asked questions

http://www.straitstimes.com/STI/STIMEDI ... index.html

]]>https://forum.kiasuparents.com/post/1493911https://forum.kiasuparents.com/post/1493911Tue, 21 Apr 2015 23:18:28 GMT<![CDATA[Reply to MediShield Life on Wed, 21 Jan 2015 13:05:35 GMT]]>MediShield Life: Can pay but won't? Jail, fine on the cards

http://yourhealth.asiaone.com/content/m ... fine-cards
This is a serious matter!

]]>https://forum.kiasuparents.com/post/1454442https://forum.kiasuparents.com/post/1454442Wed, 21 Jan 2015 13:05:35 GMT<![CDATA[Reply to MediShield Life on Tue, 20 Jan 2015 03:05:09 GMT]]>tks for sharing

]]>https://forum.kiasuparents.com/post/1453430https://forum.kiasuparents.com/post/1453430Tue, 20 Jan 2015 03:05:09 GMT<![CDATA[Reply to MediShield Life on Mon, 19 Jan 2015 13:37:02 GMT]]>MediShield Life in a nutshell http://www.straitstimes.com/news/singap ... l-20150119

]]>https://forum.kiasuparents.com/post/1453118https://forum.kiasuparents.com/post/1453118Mon, 19 Jan 2015 13:37:02 GMT<![CDATA[Reply to MediShield Life on Sat, 28 Jun 2014 13:26:03 GMT]]>Thanks for sharing. Alot to digest!!!

]]>https://forum.kiasuparents.com/post/1320367https://forum.kiasuparents.com/post/1320367Sat, 28 Jun 2014 13:26:03 GMT