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JackRyan1975
27-10-2005, 09:57 AM
Hi, is anyone here covered by medical insurance? I'm contemplating it but is considering it's pros and cons. Heard stories of claim difficulties, non-coverage at a certain age etc. Anyone care to enlighten? Thanks.

fedup
27-10-2005, 10:12 AM
hi it depends on how old & how healthy you are. I had taken one a few years back when i left my job hoping to cover myself in case of medical expenses becomes too big to handle. Well beware as the company will insure you as long as you are healthy but the moment you are not they have to right not to renew it. Read the small prints very carefully as I am a living monument of what can happen as when it came for renewal & my medical test was not that good they rej :mad: ected it outright. When i protested i was told to read full terms & conditions . The agent that sold me the medical card conveniently refuse to answer my calls .

clfoo
27-10-2005, 11:55 AM
of all insurance u wanna get, medical insurance is the one u must first get for yourself. For some medical insurance, the coverage can be upto 74 yrs old(as long as your claim not yet exceeded your lifetime limit), but only accept renewal from 60 yrs old onward.


Well beware as the company will insure you as long as you are healthy but the moment you are not they have to right not to renew it.
be wary there r yearly renewable and guarantee renewable medical insurance, and premium for the later will be higher.

PeterLee
27-10-2005, 12:25 PM
From what I know, the cheapest medical insurance for family is :
buy through AAM. you will not get cheated.
Now they are collaborating with AHA, previously with SEA.

I have claimed for my family about RM15,000 already.
Payment within a month
Annual premium about RM450.00.
.

Joe Gomez
27-10-2005, 09:08 PM
JackRyan1975,
I am with Great Eastern.
The permutations are quite vast ......
Life ( traditional ) + Hosp Card + Acc + ..... + .....
Life ( Investment Linked ) + Hosp Card + Accident + .... + .......
Stand Alone Hosp Card + some accident features + ....
............. the list goes on.

No one other person's experiecce is a reflection of what you are going to get.
The Panadol that cured my headache may not cure yours .......

PM me. Lets take this offline .....
I love our mods too much to continue this discussion online ......

USJ27Resident
28-10-2005, 02:27 AM
hi it depends on how old & how healthy you are. I had taken one a few years back when i left my job hoping to cover myself in case of medical expenses becomes too big to handle. Well beware as the company will insure you as long as you are healthy but the moment you are not they have to right not to renew it. Read the small prints very carefully as I am a living monument of what can happen as when it came for renewal & my medical test was not that good they rej :mad: ected it outright. When i protested i was told to read full terms & conditions . The agent that sold me the medical card conveniently refuse to answer my calls .

Yup... read the freaking fine print ( and get all dispensation/approvals/exclusions WRITTEN and in BLACK and WHITE!)
If you are in a HIGH RISK job or love to partake in high risk sports ie. Jetskiing, Scuba Diving, Parachuting... be aware that some insurance (even your life insurance that you have been paying for donkey years... won't pay one sen, if your parachute fails to open.... :( :eek:

And oh - btw, dead people cannot protest on behalf of bereaved family if insurance company refuse to pay....

uchangeng
28-10-2005, 03:14 PM
watch out when u buy medical insurance. if you think u can walk into a hospital, present your card and then got admitted without paying a deposit, u may be wrong!

be careful of what the agent tells you, world wide coverage and staff like no need to pay deposite.

And if you think your coverage is world wide, think again, you may still need your credit card to stand as the guarantor.

newbies
28-10-2005, 06:53 PM
whatever it is..sad to say that medical insurance is getting to be important nowadays...i learnt that when i resigned from my previous company which insurance's covered everything from minor to major surgeries...luckily i am still well when i got my personal medical insurance.....

its gonna be more dilemma under the National Health Plan soon... :confused:

PeterLee
08-11-2005, 05:56 PM
Hi, is anyone here covered by medical insurance? I'm contemplating it but is considering it's pros and cons. Heard stories of claim difficulties, non-coverage at a certain age etc. Anyone care to enlighten? Thanks.

Jack, what's the result of yr survey on medical insurance?
I was at MNI HO just now, came across Sihat Malaysia.
Premium comparably cheap, renewable up to age 70.
e.g. for overall annual limit of 100K, daily room & board up to 350 daily,
premium for age group 46-55 is only 826 per annum.

Here you are given a medical card. Applicable in Sunway but not SJMC.

Forumers with Sihat Malaysia claim experience, pl share with us.

jessi24
09-11-2005, 01:11 AM
Things to look at when purchasing medical insurance :

- life time limit and annual limit.
- GUARANTEED RENEWAL (ie. get critical illness still renewable following year - MUST BE STATED IN POLICY)
- renewal till what age.
- list of hospitals supporting or accepting the medical card. (if agent tells you all hospitals, he's bull****ting you.)
- deposit required from those hospitals. (some does not require deposit, some charges RM100 - RM200 which is refunded.)
- breakdown of amt which is claimable. (ie. room charges, surgeon/docter's fees, operation, medical supplies, etc...)

If you plan on getting a medical insurance, get it separately from those package thingy - like throwing in life, investment, PA, blah, blah, blah.
In the end it's not worth it.

aimless
09-11-2005, 01:14 AM
personally i would say:

1. go with a big reputable co, like AHA / AIA , Prudential, etc.
2. don't go for the cheaper stand-alone ones. these are renewable from year to year and the co has the right not to renew you at their discretion. usually the good long term policies are tied to a term life policy. if you take it with an investment linked policy, chances are you will get all your money back when you are 70 and the coverage ends. you may even get much more than what you put in.
3. to those of you who feel that your company covers all your medical needs - think again. if you change jobs, or resign, or retire, and then decide to take medical insurance, whatever you have at that point in time becomes a PRE EXISTING condition and will not be covered.
4. go for the highest possible lifetime limit in coverage - at the moment you may see a lifetime limit of around RM400k - 800k, depending on the company. Who knows what private hospitals will cost in 20 years time!
5. if you are tying it up with life, critical illness, and disability insurance - try to find a company whose definitions of TPD is "loss or loss of use of" the respective limbs or body parts... some companies define TPD as "loss of" that particular part. Eg, if your arm is paralyzed, no claim. If you lose your arm, then can talk...

orchipalar
09-11-2005, 10:58 AM
Err...in the case of corporate group employees insurance medical plans...the coverage/benefits are limited n varies from one to the other...ahem...ya pay bananas...ya get banana skin peels back...:mad:

Err...in the current scenario faced by our dear forumer...his company's medical benefit would include the coverage for his immediate family members...like for his wifey...BUT...in the latest incident...she has undergone a neuro surgery...which is chalking up the bills...upto 46k as of this morning...

Considering the fact that...she needs further medical cares for an extended period of time...eventually Orchi puts an estimate of around 50k to 55k or so...

Heck this morning...the insurance people says...that under his existing employment medical plan...the insurance company is liable to pay upto 25k niah...ahem...so how?

aimless
09-11-2005, 11:55 AM
orchi also brings up an excellent point... most company medical insurance have very low limits... i know that for the longest time, i had the misconception that the company will pay for ALL your medical bills... only in the last few years have i realized that fallacy of that belief! for many cases, the employee would end up paying part of the hospital bill, due to the limitation in the company's coverage... and when you exceed the overall limit, as orchi described, gone la... you have to cough up the money.

so i would strongly encourage everyone to be very familiar with your company coverage, and its limitations...

kokomo
09-11-2005, 03:00 PM
For those of you contemplating on which medical insurance co. u should purchase .. ING is what I can recommend to you. :)

The medical card is cashless, acts like a credit card when u need to admit yourself into the hospital. It's widely known. U can admit yourself into any private hospital if necessary.

To know further details, you can PM me :D I'm wif ING!!! :cool:

JackRyan1975
09-11-2005, 03:50 PM
For those of you contemplating on which medical insurance co. u should purchase .. ING is what I can recommend to you. :)

The medical card is cashless, acts like a credit card when u need to admit yourself into the hospital. It's widely known. U can admit yourself into any private hospital if necessary.

I heard good reviews about ING (formerly Aetna) health card in the past.

If only someone can furnish an analysis comparing the various health policies and coverage, that would be best for the consumer. Bank Negara should come out with this as it will encourage greater competition for the good of consumers.

kokomo
09-11-2005, 04:43 PM
I heard good reviews about ING (formerly Aetna) health card in the past.

If only someone can furnish an analysis comparing the various health policies and coverage, that would be best for the consumer. Bank Negara should come out with this as it will encourage greater competition for the good of consumers.

Jack, maybe you try out this ING website at http://www.ing.com.my
It will explain all about ING medical card and it's benefit .. otherwise I won't mind meeting u to show u ING medical card ... jz PM me and make arrangements ... :)

fatalshak
09-11-2005, 04:54 PM
The staff at the hospitals told me that from their experience - ING or Prudential is the best.

Of course you need to review the T&C and fine print correctly. I had Pacific Insurance - sucks, dont buy from them.

Stick to a BIG foreign insurer. They have the experience.

JackRyan1975
09-11-2005, 05:01 PM
Jack, maybe you try out this ING website at http://www.ing.com.my
It will explain all about ING medical card and it's benefit .. otherwise I won't mind meeting u to show u ING medical card ... jz PM me and make arrangements ... :)

Thanks for the link. But honestly, the website didn't tell me much. Again, a long list of exceptions in acceptance of the medical card by major hospitals seem to be a mockery of "using the medical card as credit card" tagline.

I know you mean well and I'm sure there are benefits attached to the medical card, but can't insurance companies be more transparent instead of offering to "send a representative should you require more information"?

Thanks kokomo...the above is just some ranting. Will PM you after some consideration.

kokomo
10-11-2005, 01:01 PM
The staff at the hospitals told me that from their experience - ING or Prudential is the best.

Of course you need to review the T&C and fine print correctly. I had Pacific Insurance - sucks, dont buy from them.

Stick to a BIG foreign insurer. They have the experience.

So fatalshak, are u still with Pacific Insurance or you've already change to ING o Prudential?

You can just PM me for further info regarding ING if you're considering it also. :)

kokomo
10-11-2005, 01:04 PM
Thanks for the link. But honestly, the website didn't tell me much. Again, a long list of exceptions in acceptance of the medical card by major hospitals seem to be a mockery of "using the medical card as credit card" tagline.

I know you mean well and I'm sure there are benefits attached to the medical card, but can't insurance companies be more transparent instead of offering to "send a representative should you require more information"?

Thanks kokomo...the above is just some ranting. Will PM you after some consideration.

Jack, sorry if the website didn't provice much information to you ... most of the information will be shown on a proposal. Usually after seeing the proposal then you should be more clear on the product itself.

Basically, ING medical card is quite direct and transparent on most of the coverage. :)

PJS
10-11-2005, 02:06 PM
kokomo

If we already hv a company ING card, can we apply for additional ING personal coverage, something that is guaranteed renewable? Or in case we left the co., is there an option we can convert into personal coverage? Is something like Prudential's life+health policy sufficient?

kokomo
10-11-2005, 03:11 PM
kokomo

If we already hv a company ING card, can we apply for additional ING personal coverage, something that is guaranteed renewable? Or in case we left the co., is there an option we can convert into personal coverage? Is something like Prudential's life+health policy sufficient?

PJS, usually if u hav a company ING card that is called Employee Benefits, so if u leave the co. it cannot be convert to personal coverage. Yes, even if u hav co. coverage u can still get personal coverage from ING also and it's renewable. :) Prudential cannot be compared wif ING policy cos it's a investment-linked policy. Whereas, ING still providing life+savings+illness+health .. :D

I suggest to further detail it, u can jz PM me and make some arrangements. :)

tempuadua
28-11-2005, 11:58 PM
Things to look at when purchasing medical insurance :

- life time limit and annual limit.
- GUARANTEED RENEWAL (ie. get critical illness still renewable following year - MUST BE STATED IN POLICY)
- renewal till what age.
- list of hospitals supporting or accepting the medical card. (if agent tells you all hospitals, he's bull****ting you.)
- deposit required from those hospitals. (some does not require deposit, some charges RM100 - RM200 which is refunded.)
- breakdown of amt which is claimable. (ie. room charges, surgeon/docter's fees, operation, medical supplies, etc...)

If you plan on getting a medical insurance, get it separately from those package thingy - like throwing in life, investment, PA, blah, blah, blah.
In the end it's not worth it.
I understand from some of my friends that one of the best H&S insurance policy at the moment is being provided by PROGRESSIVE INSURANCE BHD. They just launched it early this year and it has a GUARANTEED RENEWAL clause. For those of you who has never heard of Progressive Insurance Bhd, their office is located at Menara BGI at Jalan Imbi. The company is owned by the Sabah State Government and has been earmarked as one of the anchor insurance company in the next few years. (p/s: i am not buying any H&S from Progressive Insurance as my wife is a government servant and I am "covered" by the government hospital.

lilifjp
29-11-2005, 12:50 AM
Hello Kokomo, is ING insurance medical card for personal or company group insurance ? How much do I have to pay for a medical coverage of RM200K ( including 1 kid ). My age is less than 40. Part time home maker.

kokomo
29-11-2005, 09:05 AM
Hello Kokomo, is ING insurance medical card for personal or company group insurance ? How much do I have to pay for a medical coverage of RM200K ( including 1 kid ). My age is less than 40. Part time home maker.

hi lilifjp, ING medical card is for personal so it will not cover your kid if u did not purchase any for them ... :) Why not you jz PM me then we can make some arrangements ... ?

achee
29-11-2005, 11:01 AM
lilifjp, I have AIA covering H&S for the children and me which I pay approx RM1600/year. And I also have ING H&S for hubby & me which cost RM48/month.

I trust both companies.

kokomo
29-11-2005, 11:12 AM
I would suggest individual coverage than families, cos if anything were to happen to the principal policy holder *touchwood* certain insurance co. that covers the family , whole policy might be terminated ... so there is a risked here.