Rising Medical Cost & Premiums, But Importance of Medical Coverage

Coincidentally, this piece of news came out after my recent discussion on rising Integrated Shield Plan (IP) premiums on one hand, and the importance of having a comprehensive medical coverage in Singapore on the other hand, with reference to the largest claim I have done for a client, who was hospitalized for 107 days thatContinue reading “Rising Medical Cost & Premiums, But Importance of Medical Coverage”

MediShield Life – Commonly Asked Questions

Based on the 2hr consultation yesterday with 2x Age 70+, 1x Age 65+ and 1x Age ~45, these are my findings: Q#1. Since MediShield Life (MSL) is in place, should I stop my Integrated Shield Plan (IP)? A#1. MSL covers medical expenses incurred under subsidized B2/C Ward in a Restructured Hospital. The question you shouldContinue reading “MediShield Life – Commonly Asked Questions”

MediShield Life – Understanding The Little Green Book

MediShield Life started since 1st Nov 2015. And this evening 7-9pm, I’m happy to be able to do my part, to provide free consultation at Thomson Community Centre, to residents in the Thomson Areas. In fact, most CCs are running this activity on a weekly basis. You could drop by to get some advice inContinue reading “MediShield Life – Understanding The Little Green Book”

DPS, MSH or ESH? Find Out Your Coverage In 3 Simple Steps

In my past few years of financial advising, it is quite astonishing that many people I speak to do not know if they are covered by MediShield (MSH), an Integrated Shield Plan (PMI), Dependents’ Protection Scheme (DPS) or ElderShield (ESH). Find out your protection in 3 simple steps! 1. Log in to CPF website 2.Continue reading “DPS, MSH or ESH? Find Out Your Coverage In 3 Simple Steps”