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With the 2021 Changes to MediShield Life, Do You Still Need An Integrated Shield Plan

In 2021, certain important changes were made to MediShield Life in order to increase the coverage that Singaporeans and Permanent Residents in the country receive. One of the most important changes was the overall increase in the annual claim limit from S$100,000 to S$150,000. These changes are for the better as you now get room for to make more claims, if required. However, does this increase mean that you can drop off your Integrated Shield Plan.

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With the 2021 Changes to MediShield Life, Do You Still Need An Integrated Shield Plan

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  1. With the 2021 Changes to MediShield Life, Do You Still Need An Integrated Shield Plan?

  2. In 2021, certain important changes were made to MediShield Life in order to increase the coverage that Singaporeans and Permanent Residents in the country receive. One of the most important changes was the overall increase in the annual claim limit from S$100,000 to S$150,000. These changes are for the better as you now get room for to make more claims, if required. However, does this increase mean that you can drop off your Integrated Shield Plan? While the answer to that question can vary between people, you ideally do not want to drop off the coverage you enjoy from private medical insurance. After all, it does a lot in supplementing your MediShield Life plan. Let’s look at specific ways in which your Integrated Shield Plan provides you with wholesome medical insurance coverage.

  3. Higher annual cover limits While the MediShield Life annual cover limit has been raised, the amount may not suffice for certain treatments. This might especially hold true for prolonged illnesses that require frequent visits to the doctor or trips to the hospital. In this case, an Integrated Shield Plan could really prove to be perfect for you. With annual cover limits that can go up to S$ 1 million or even more, you can be sure of getting the coverage you need. Plus, you can also expect extensive coverage for pre-hospitalisation and post-hospitalisation expenses of around 180 days and 365 days respectively.

  4. Access to a wider range of hospitals It is important to keep in mind that your MediShield Life plan is pegged at only class C/B2 wards of public hospitals. In case you prefer a different type of ward or a private hospital, your MediShield Life plan will be highly insufficient. With an Integrated Shield Plan from a leading insurance company, you will gain access to a wide range of private, restructured, and public hospitals in the country.

  5. Overseas treatment If you travel frequently outside of the country, you might want to also ensure that you have medical coverage on foreign shores. Medical costs in foreign countries can prove to be immensely expensive. Some insurance companies in Singapore do offer coverage for treatment done overseas (planned and emergency). You could benefit from this form of coverage and save your money in case you fall ill in another country. As we can see, there are many benefits to having an Integrated Shield Plan in your health insurance portfolio. Remember that the exact features of the plan can vary between insurance companies; it is advisable to check the details before buying coverage. Stuck in a hectic schedule? You can easily get an instant quote online for your Integrated Shield Plan from an insurance company’s website. Getting coverage has never been this convenient or hassle-free! Find the plan you like and sign up for coverage online in minutes. Go ahead and get the medical insurance coverage you need and deserve. Take care.

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