i want u guys to read this article which states the costs of holy cow's notorious heart bypass. it states that the costs was only $25k (dunno include hospital stay for how many days or not):
Peace of mind with healthcare insurance
October 28, 2010 at 4:02pm
Health Minister’s total bill for his bypass surgery came up to about $25,000; of which $20,000 was paid by insurance, and $5,000 by Medisave. Minister had subscribed to Basic MediShield (since it was launched in 1990) and topped it up with a private Medisave-approved Shield which covers Class A and private hospitals. He did not have any riders. The insurance premium for someone in his age range (51-60 years old) is about $330 - $662 for a Shield plan targeted at Class A hospitalisation. Presently, one can use up to $800 per policy per year from Medisave to pay for Medisave-approved Shield plans.
Some have written in to share how with appropriate medical insurance plan, they need not worry about large hospital bills. Read this piece from Lorna Tan (http://bit.Iy/doGLEj). Her mother’s hospitalisation in 2008 was well taken care of by a private Shield plan, and she need not pay any cash.
We hope that all Singaporeans will subscribe to MediShield. Depending on their preferences, they could choose a suitable Medisave-approved Shield policy. If they have no plans to go into Class A/B1 or private hospitals, then basic MediShield should suffice. The premiums are highly affordable.
Here are also some useful links to more information on the withdrawal limits for Medisave and the various MediShield-approved insurance plans at http://www.moh.gov.sg/mohcorp/hcfinancing.aspx?id=324 and http://www.moh.gov.sg/mohcorp/hcfinancing.aspx?id=11164.
Peace of mind with healthcare insurance
October 28, 2010 at 4:02pm
Health Minister’s total bill for his bypass surgery came up to about $25,000; of which $20,000 was paid by insurance, and $5,000 by Medisave. Minister had subscribed to Basic MediShield (since it was launched in 1990) and topped it up with a private Medisave-approved Shield which covers Class A and private hospitals. He did not have any riders. The insurance premium for someone in his age range (51-60 years old) is about $330 - $662 for a Shield plan targeted at Class A hospitalisation. Presently, one can use up to $800 per policy per year from Medisave to pay for Medisave-approved Shield plans.
Some have written in to share how with appropriate medical insurance plan, they need not worry about large hospital bills. Read this piece from Lorna Tan (http://bit.Iy/doGLEj). Her mother’s hospitalisation in 2008 was well taken care of by a private Shield plan, and she need not pay any cash.
We hope that all Singaporeans will subscribe to MediShield. Depending on their preferences, they could choose a suitable Medisave-approved Shield policy. If they have no plans to go into Class A/B1 or private hospitals, then basic MediShield should suffice. The premiums are highly affordable.
Here are also some useful links to more information on the withdrawal limits for Medisave and the various MediShield-approved insurance plans at http://www.moh.gov.sg/mohcorp/hcfinancing.aspx?id=324 and http://www.moh.gov.sg/mohcorp/hcfinancing.aspx?id=11164.
