5 Tips in Getting Health Insurance

Health insurance is tricky but it is a necessity. You need to understand what exactly you’re paying for and why you are paying for it. That being said you should be open to the different kinds of coverage and what they offer because you want to be prepared for the unexpected. 

The beauty about getting health insurance especially in Singapore is that it has a very wide range of health insurance choices based on what you need and how much you can afford. It was once medishield offering the locals the coverage they need so that when the time comes hospital bills won’t put too much of a strain on their finances. Now, there are private companies that are able to provide these benefits as well.

Forget About All the Misconceptions

There are a few misconceptions that people have that make them hesitant in acquiring a more comprehensive insurance plan. There are those who are satisfied with their Medishield plan when they don’t realize that as good as the Medishield plan is there are limitations to their coverage. Integrated shield plans cover your pre-hospitalization and post-hospitalization costs as Medishield does not. And with a Medishield coverage even if your bill may be lower you will still need to pay for a significant amount depending on your condition and treatments.

Do Not Settle for Employer Coverage

There are those who see the importance of having a more comprehensive health insurance plan and look to their employers to provide this. The problem here is that even if you are covered, you may start holding on to a job for the sake of this coverage. This type of coverage does not help you in the long term because in the event you do lose your job you will lose this coverage too and you’ll be back at square one.

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Author: Katrina (dorsopathy.com)