The cost of the food at the hospital should not even be an issue. Those are the things that will not impact you financially.

The purpose of getting admitted is for the treatment, and certainly not for the food.

Secondly, it is not everytime you stay at the hospital. I am not sure how old are you but when was the last time you were being admitted to the hospital, albeit the 6 star type.

In Penang, 6th Star here means Island hospital, Loh Guan Lye, Gleneagles.

Just pay the difference in terms of room and board charges if it exceeds your limit.

You can order food from outside as well bro.

The excess dont need original bills as it is stated in the summary bill what is covered by your company insurance and what is not covered. We pay what is not covered.

I see your point on the 20%

When you agree to share cost with the insurer and absorb part of the bill, naturally it will lower down the insurance charges.

Another type of cost sharing is called Deductible.

Deductible is slightly different from co insurance in the sense that for the co insurance, it is payable on every disability whereas deductible is only payable per every 90 days from the last date for the same disability.

For example cancer treatment with a Rm300 Deductible option:-
1st Jan Rm 10k cost, client pay Rm300 deductible
1st Mar Rm 10k cost, client pay nothing as it is less than 90 days from the date of the last treatment of the same disability
1st Apr Rm 12k cost , client pay nothing as it is less than 90 days.....
1st Dec Rm 13k cost, client pays Rm300 deductible

For co insurance, the client ais required to pay the co insurance for each and every disability.

Of course the insurance charges for deductible is slightly higher than the co insurance, unless the deductible is high, ie, Rm3k or Rm10k deductible.

But it provides the client a peace of mind of not having to worry about having to pay for the co insurance should repetitive admission/treatment is needed, Rm300 per the above is still manageable.

Alas plans that comes with full claim is good for client not having to worry about the co insurance or the deductible, but it comes with higher insurance charges.

In a nutshell, insurance in hokkien is liak teng por tey. Either you pay for it now, or pay for it later.

New medical card from Prudential BSN Takaful Bhd coming soon ETA 15thJuly2013, "A medical card that defines you"

If you die and you submit it to your agent, your agent will freak out man.

But if you are referring to your beneficiary, then yes, a certified true copy will suffice.

What are you trying to claim? From two insurance company for the same amount or the difference? Say if the bill is Rm 30k, and your company only allow you to claim Rm20k. Are you trying to claim from the second insurer another Rm30k or Rm10k?

For the medical card portion, you can only claim up to maximum of the bill, in this case Rm80k. Since it has been taken care off by the 1st insurer, you cannot claim the medical portion from 2nd insurer to get Rm160k.

As for the CI, you can get the hospital help to fill up the CI report, which you can get from the insurer if the agent is no longer around. The hospital is also able to provide certify true copy of the bill and report but your friend will need to pay for the report.

It is best to bring the policy document to the insurance company and to understand which part of CI can be claimed, if the agent is no longer with your friend.

As for the case of Prudential, the attending Doctor will help to fill up a report for CI claim. This form is provided by Prudential and is to be submitted with the policy document along with the certified true copies of the medical report.

Take note the report MUST tally with the insurer definition for CI. So its best to discuss with the Doctor

Certified copy is sufficient. BTW, which insurance company is the B insurance? Perhaps agents here are able to guide you in more specific.

This post has been edited by roystevenung: Jul 14 2013, 09:48 AM

Yes, don't make any assumptions. There is a procedure to follow when it comes to claims and each insurance company have their own procedures. I'd advise to deal thru email, at least there is a black and white communication.

But like I said, the doctors report MUST TALLY with the insurer's definition of Critical Illness. The only way to determine this is to get an agent's or help over the counter, if he/she is uncertain of which CI to claim from.

Which insurance company is that?

http://www.manulife.com.my/cservice/lifein...erservices.aspx

Different insurance companies have their own sets of procedures when its comes to agent transfer.

If you had spoken to the customer service and they had clarified on which forms to use, then just follow their instructions.

A note for you is that when filling up the change request, immediately after your request, draw a big Z to cancel off and do not leave any empty space.

Yup, just incase

It boils down to your budget, instead of the agents budget. To be honest, if you re worried of serious prolonged hospital admission at a private hospital, even if you have an annual limit of Rm200k, it may not be sufficient.

If the budget allows, I would recommend to spread out the premium evenly towards Critical Illness and medical.

Do take into account that you would also have your company cover on top of the annual limit from your personal medical card. The annual limit is more important than the lifetime limit.

Do ask your agent to quote for adding another RM50k to the medical card, if your budget allows you to do so and if you have the CI covered.

The word "As charged" is still bounded to the annual limit of Rm50k.

Whenever you claim for overseas bill, apart from the bills which are based on re-imbursement basis for 90 days your departure date, you will need to photocopy your passport (to and fro) to be submitted for validation of the claim.

^ There is absolutely no reason for your comments to be personal, its their choice to go term.

Bos, mind if i ask, your term medical covers till age 70 or age 80?

freewisefly, at older age, most of us had fulfilled our responsibility as a parent, whereby the children are all grown up. Hence having a high coverage on life/critical illness after retirement (> age 60) would be a burden.

However, this is also when we lose our company coverage for medical benefits and the chances of us contracting illnesses (diabetes / blood pressure) at older age are much high as compared to when we are young.

Most of the people I had as my client is having one or the other issue at age > 50, which complicates getting a medical insurance.

You could take a look at our PRUsenior med plan, a plan designed for taking care of the huge burst of medical bill. A plan medical card, with possibly the lowest insurance charges around.

<< PRUsenior med >>

The benefit of the plan includes:-
1. Medical Claim up to Rm225K per plan
2. Death benefit (RM5K)
3. The premium is locked and it is based on ENTRY AGE and it will not go up by age.
4. Guaranteed renewal up to age 80 (next birthday)
5. High entry age (up to age 70 next birthday)
6. More relaxed underwriting, for example if someone is with hypertension, under control with meds it is also able to be accepted without loading.

The only catch is it is for in-patient it is subjected to RM3K (Plan 1) & RM 6K (Plan 2) co-insurance and 10% thereafter. For out-patient, there is a 10% co-insurance.