Myshield is an integrated health insurance plan provided by Aviva. Currently, as long as both parents are covered under Aviva’s Myshield Plan 1 or 2, their children will be covered for free under Myshield Plan 2 up to 20 years of age. This benefit has always been a double-edged sword because some parents who are […]
NTUC Income has recently launched two new riders for their Incomeshield plans. Incomeshield or Enhanced Incomeshield policyholders have the option of adding these two riders to their basic policy: Daily Cash Rider Child Illness Rider Premiums for both these riders have to be paid with cash. Daily Cash Rider Get a daily cash of $50-150 […]
Aviva recently announced some enhancements to their medical insurance plan, Aviva Myshield. Some of the chnages include: 1. Confinement in Community Hospital (max 45 days stay) 2. Letter of Guarantee (LOG) for selected government hospitals 3. Absorption of costs from obtaining medical records 4. Enhanced benefits for major medical transplant The LOG enhancement takes effect […]
Starting from 1st January 2009, patients staying in B2 and C class wards in public hospitals will have to undergo means testing to determine the amount of subsidy they will get. This new rule will affect people (in the form of higher bills) earning more than $3200/month (or unemployed but staying in private property) and […]
According to Health Minister Khaw Boon Wan, the Medishield insurance scheme currently pays only about 55 per cent of big bills in the subsidised B2 and C class wards. As he wants the patient’s share to be lower at about 20 per cent, therefore he is increasing some of the payouts under the scheme. However, […]