You are slightly wrong here.

The new plan offered as an upgrade to existing policyholders without medical underwriting is Smart Health Protector Exclusive.

The new plan that customers can either purchase or upgrade to with full medical underwriting is Smart Health Protector.

If you are still healthy and don't have any adverse health issues, I will strongly urge to upgrade to the non-exclusive version of the plan.

Reason being? The exclusive and non-exclusive versions of the plan will be monitored in separate cohorts. The repricing will be done separately in the future. Think logically - which pool will have older and sicker customers, and consequently higher claims ratios? Of course the exclusive version.

Now, if you already develop adverse health conditions, don't bother with overthinking and just get the upgrade.

In either case, be it if you get the exclusive upgrade with no medical underwriting or the non-exclusive version with full medical underwriting, you're better off than staying in any of the pre-2020 medical plans where the claims ratios are terrible and the cohort is old and sick.

Option 2 premium quite significant, for me almost 40% increase. Option 1 12%.

I guess that they can’t increase the premium due to public pressure… so they come out with this campaign to entice people to upgrade.

I don't have any issue with getting insurance even when my father have diabetes and mother passed away 15 years ago from cancer. I just bought a new medical card like 2 years ago because my 2018 insurance covered way too little at same pricing. It's like 100k vs 1m for RM350!