Sorry, I would like to chip in based on some actual case.
I assume medical include the hospitalisation, surgery, anaesthetic, x-ray, MRI, CAT, ICU, HDW, etc. IINM, there are fine print stating claims can only be done over 3 yrs, i.e. 200k / 3 = 66,666 allowed per year.

e.g. If you are in critical condition and need surgery + bla bla bla which comes up to 100k, you can only claim 66k and fork out 34k yourself. Hence, you got balance 133,333 to use from next year on wards.
......

dreamer,
when u ask me to call up the hospitals to ask about the medical conditions tht require 200K n above n how likely it would happen, u should know the answer or hav the facts with u, if not , u r not different from ppl who can talk n divert conversation. obviously, u r either not willing to share or U DO NOT KNOW.

1. Ask a neurosurgeon to operate ur head, u need to get ready at least 15-20K , for what reason he operates on u is another story n another bill, that is only his fees.  DO u need a medical condition to get ur head operated ? No.Other ppl's accident can bring u to OT room, worse still if u r not conscious n ur family member doesn't know how to withdraw ur CASH. And we don hav to argue on how likely this will happen coz u agree tht personal accident is important but pls read the terms how much it covers for hospitalization.

i m here to promote insurance, but a person age 20 who purchase medical card of 60K/year, 200K/life time, the total premium he has to pay till age 70 is less than 60K, unless he is so sure tht he wouldn't need hospital service for the next 50years, getting a medical card doesn;t harm his finance n potentially help him. we can take care of our health as much but we can't guarantee we will be healthy n unhurt for tomorrow.

2. Cancer hit population age 20-99, when it hits , and too bad malaysian often got diagnosed late, and will require higher treatment cost. the best cancer treatment depends on type of cancer, can cost u upto 50K/month , still we are excluding some many other cost inccured.

i do not have to list all other medical conditions tht require LONG TERM treatment and the cost involve, may be for ur AGE u can find more ppl to ask about this n update us on ur findings.

3. Since the 1st day i got to know about life insurance, i hav not heard about above 200K coverage u hav to pay relatively higher premium (infact, where do u get this info may i ask?) , in fact it is lower if u purchase 200K in 1policy vs 40K x5policies, there is a discount incurred. Substandard premium applies on clients with Substandard health status. perhaps ppl who purchase above 500K coverage require some extra health screening and their health condition made them pay higher fees.

since we might some agents here, may be they can correct me if i m wrong.

i did not argue with u, did i sound so ? pls note tht i m not in ur AGE group, forgive me if i offended u, never mean so.

Yes, people don't read the fine print while some agents don't explain the max they can claim for.
Also I saw a relative that facing some surgery due to certain problem then after claiming the medical insurance for it, afterwards, the insurance company no long accept her medical insurance anymore even though she wants to buy it, but she is blacklisted by the insurance company mainly because the problem can be re-occurenced.

People always (not all) taught after they bought medical, then everything is covered already, don't need to worry. Then when situation really occur then only said insurance cheating one. Don't get me wrong, medical insurance is somehow essential but it doesn't mean it will cover everything. Also bought according to one's needs and affordability which is the most important.

So even a 200k medical insurance cannot cover up the cost of a 50k/month treatment, what is the point.

So even a 200k medical insurance cannot cover up the cost of a 50k/month treatment, what is the point.

To be brutally honest, it is very difficult to get enough insurance to cover every eventuality or medical treatment. This is because it depends on whether you can afford to get the maximum coverage, which means higher premiums. And also don't forget that medical costs increases by roughly 20% yearly.

Then there is also the annual and lifetime limit on medical claims. Medical insurance can only partly cover your costs.  It is almost impossible to cover all your medical costs for all illnesses.

Spend some time to study the advantages and disadvantages of the key areas mentioned above for any H&S insurance plan. I believe the consumer will be more informed and able to make a wise decision.

u r not limited to buy 200K  medical insurance and u hav the right to choose the standard of the treatment tht u can afford.

You will know how insurance benefit you and your family, when something really bad happen to your family.

Just like my mother, with the medical card, it cover the the hospitalization fee. This reduce our family burden.

Well, i should thank god as giving hope to my mother. We no need to worry too much for the fee and i able to buy my first car however my family actually need money.

haha.. i am not promoting insurance. But, when u are old, u should at least have some protection as ur medical fee might even more than what u paid for insurance.

Of course, afforable. the subjective  key word.  Yes, u might more likely to lose ur job. But u would not die because of this, you and may be ur family will just need to live harder. But if once u health is serious bad, good bye.

So, take good care of ur heath.

ever since i got injured my spin, i find insurance damn important. (i havent buy then). now i already buy the insurance but the parts didnt cover . i really regreted that i dont buy earlier

If my income could not afford medical insurance over 200k, why bother to get one that is below 200k.

What do you meant by the "parts" doesn't cover? So if it doesn't "cover" than what's the use even if you got it back then?

if ur income couldn;t afford a medical insurance over 200K, u should worry about ur income and saving 1st. and u get a below 200K medical insurance bcoz u don hav 200K.

i guess what he means is that after something happens to the spine only he get the insurance, of course the insurance company wont cover his spine in case of other prolonged injury from there. Insurance company also wan jaga their rice bowl 

Even he bought the insurance before, and manage to claim for the spine medical, after claiming, insurance company might not renew or accept coverage on this part. <-- this is quite common practice for insurance company as they view you are the high risk insurers.
It is not like you want to buy or cover, then insurance company must accept.

It is same with my relatives, the medical insurance company didn't want to accept her anymore (posted previously).

Isn't it better for me to save my 3 - 6 month emergency fund rather than wasting on a 200k medical insurance which doesn't really enough if I need a cancer or whatever treatment.

saving for emergency fund is a MUST, not to compare with medical insurance . and medical insurance is not only for cancer treatment , any accident will consume ur emergency fund instantly if u don even hav the basic medical coverage.

yewkhuay,

If accident is the HIGHEST risk, won't a PA insurance is a cheaper and better way to cover that?  By the way, I do not know the answer.

Dreamer

If I'm not wrong, PA only covers you after you're certified to be disabled and no longer able to earn income.
That's when medical cards comes in action, i.e. during hospitalisation.