Hi All,

I have a old medical plan PRUlink Assurance Plan (PruMajor Med 5 RM 200 room), I think annual limit is only 75k).
Option given by my agent is either upgrade to PRUHealth and sign a new policy for PRU Value Med with deductible claim for my above policy (deductible 75k). Then may have 1 or 2 million annual limit.
Is this good enough or best combination?
I am looking to upgrade a plan with 1 or 2 millions annual limit & no lifetime limit since so many competitors offered that.

thanks.

Thanks Mr Roy for the response.

The reason he gave is the deductible-PVM will have muchx2 lower premium compare with normal PVM.
I check PRU website for example PVM w/o med saver, at 41 yo, for 1 mil/300 R&B/80 age, the annual premium is RM 5,122 VS deductible 75k is RM 770....almost 7 times difference. So even with the first policy, I still save on the total premium.
Correct me if I m wrong.

Another Q for deductible-PVM (let say 75k),
1) if in 1-5-2017, the bill is 100k, so PMM5 use the medical card for 75k, is the balance 25k I need to pay first then claim under deductible-PVM OR it will automatic claim in the hospital with PVM card and no need pay any cents?

2) if in 1-6-2017, another bill is 50k, PMM5 already use up earlier above limit. Can I direct use the deductible-PVM card in the hospital OR still need to pay and claim later?

Thanks.

I also just upgrade to PVM...
Actually for newbies, it is confusing with Pru new terms (in PVM) of Med value points , medsaver, and unlimited lifetime coverage, etc and not using old terms co-insurance terms, annual/lifetime limits, etc.

Still the same at the end. YOU are right actually for your understanding...so don't be confused by the Pru new terms or argue on the terms....

E.g. if I sign up with med saver 300 and 1 millions Med points with so call unlimited lifetime coverage and upon that Pru will still cover 80% of medical fees.
Actually equal to old terms of co-insurance of 300 and lifetime limit of 1 mil. After the 1 mil limit Pru will pay for the 80% medical fess and we pay for the balance 20%.

E.g. again. we are discussing normal heart surgery and not kidney/cancer things.
If the bill is 1.2 mil, so the payment will be
- 300 co-insurance (if medsaver 300)
- Pru cover 1 mil of bill (limit)
- 200,000 exceeded the 1 mil limit already. So split into 20:80.
- Pru will pay 80% of the excess limit, = 200k x 0.8 = 160k
- We have to pay 20% of the excess limit= 200k x 0.2 = 40k. (ignore the 300 co-in for ease of calculation)

Of coz , not necessary the bill 1 shot is 1.2 mil, could be multiple bills/ event until we use up the limit of 1 mil...(lifetime limit actually)....then after that whatever excess will split into the above 20:80 scope....forever...this is why they call it unlimited coverage...

So Pru market it as unlimited lifetime coverage (but with 20:80 split of cost after exceed the lifetime limit or they call med value points now).

Hope this is clear...from understanding of PVM customer.

No prob. as it is still considered as "new" plan, my explanation was as a customer understanding...actual still need to be verified by Pru Agent.

Ya i received the same sms too....not sure is legit or not still haven't click on it. Looks too simple via sms...lol
Any idea to extend and any hidden clause?