QUOTE(PJusa @ Aug 14 2010, 09:22 AM)
you can only claim up the amount that would have been charged in malaysia as reasonable and medically necessary. so if you would have been charged 138k in malaysia then you could claim that amount. if the charge in malaysia would have been 10k you can only claim those 10k. so that's the first catch.
but you should double check with axa if you really can work in singapore and enjoy the malaysian cover. i think it should be possible from the terms i know but i am not to sure as i never had to seriously check on this scenario - so there might be something i'm not aware off
Just to let you know, I asked a TM insurance agent whether premiums for their top-up plan will be loaded based on individual claim experrience. He made a call to the company and the answer was "Yes, there'll be loading. Otherwise the premium won't be so cheap".
I'm now waiting for the sample policy contract to check if there has been any change in the wording of clause 15 since you posted about it a year back on pages 12 and 13.
If that is how TM interprets the clause, I think it'll be foolish of me to rely too much on this plan.
What I'm thinking now is to take Axa's RM500k plan with RM20k deductible (for 50% discount to premium) and no agent (15% discount to premium). Combined with TM's plan, it'll cost me less than RM700.
Some people might think I'm crazy to take two deductible plans but my reasoning is:
1. I'm healthy now and can qualify for any medical card. That might not be the case in the future. So it's smart to lock in the best plan now.
2. Taking the RM500k plan will definitely protect me from medical inflation, unless Malaysia goes the way of Zimbabwe.
3. Axa customers are allowed to convert from deductible to non-deductible once in their lifetime. I'll convert to non-deductible once I "make it" financially.
4. Although it's painful ... push comes to shove ... I can afford to pay RM20k upfront. Just need to carry debit card with at least RM20k in it.
I'll keep TM's top up plan but it'll be strictly for outpatient cancer and kidney treatment only.
Added on August 18, 2010, 8:16 pmQUOTE(ajau @ Aug 14 2010, 09:07 PM)
The term "resides or travels outside these countries for more than ninety (90) consecutive days" should cover you if you are working in S'pore. However you need to make sure before 90 consecutive days expire, you must go back to Malaysia. I believe AXA will request your photocopy of passport to confirm you are not staying more than 90 consecutive days in Malaysia to reimburse your medical bill. This is what I've been told in Prudential training.
Anyway, it's good if you double check with AXA. Not sure if they do the same.
That should not be a problem if I'm in Singapore. I could always set foot on Johor (or Sabah/Sarawak if I'm in Brunei) every 89 days for a makan and shopping session
This post has been edited by abbey: Aug 18 2010, 08:16 PM 
Aug 9 2010, 09:24 PM
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