That’s why it is more expensive. There are two main things to consider when selecting hospital room & board. Not cause you frustrations. 3. Read on to find the best credit card in Malaysia for you! Life is unpredictable but when it comes to your health, it shouldn't be compromised. Show posts by this member only | Post #1. AXA eMedic. There are many insurance companies in Malaysia and each company has a variety of plans and options. You can hate your AIA insurance agent very much. You can enrol directly from the comfort of your own screen using our custom-built digital enrolment engine - it's faster, effortless and uniquely affordable. Ease your burden with a medical card that pays 100% of your medical bills. Although we cannot cover every single benefit, here are the most common benefits that you should consider when deciding what medical card to get. You will have the flexibility to choose from RM5,000, RM10,000 or RM30,000 deductibles levels with Retirement Option at age 60. To fully illustrate how deductibles can benefit you let’s look at the following scenarios: Ann is a healthy 30 year old female that does not smoke and currently working as an external auditor with one of the Big 4 firms. We hope that you never will need to use it ever (because you’re always healthy), but if we’re talking about the rest of your life, we don’t know what will happen to the cost of medical insurance in Malaysia. 4. This is because the insurance company is covering the actual cost of insuring you. Before we go into what to look for in determining the best medical insurance in malaysia, let’s be clear on what the top 4 options are for most people (which doesn’t mean it will be the best for you). Although the home nursing care will not last for long, this benefit is meant to give your family a chance to arrange for longer term options, whether that is having someone stay home to take care of the loved one, or to find someone who can take care of he loved one. Pay and collect points with 8excite; Gain 8excite loyalty points and get great deals after making your contributions But what makes these the top 4 medical cards, let’s get started. When it comes to your well being Allianz has gone a step further and provide a value added service which is totally free. Featured. The answer is no. Although medical rider is attached to an ILP, your medical card policy renewal is subject to insurance company discretion too, based on the factors mentioned above. Looking for a credit card that best suits your spending style? Medical plans: Also known as Hospitalisation and Surgical Insurance. Her annual premium will be RM3,360. BEST MEDICAL CARDS IN MALAYSIA Don't let expensive hospital fees stop you from receiving the medical treatment you deserve. Unlimited Lifetime Cover You never have to worry about insufficient medical cover during the … With Allianz MediSafe+ you will also gain access to genomic testing for cancer which will provide information about your specific cancer and help doctors identify treatments that are most suitable for you. Bhd. THREAD CLOSE This post has been edited by Brother Nick: Feb 5 2013, 11:52 PM. Let’s say you have an ILP with medical card rider of RM3,000 per year, this means that for every month, your premium payment is RM250. See below example on how a personal medical card might do you a favour, even though you are covered by company Group Term: In the diagram above, the deductible amount of RM30,000 is covered by your Group Term first, instead of your own money, whereas the remaining balance is covered by your personal medical card. We have also compared the top 4 medical cards in each of these criteria for you to have an idea as to what you can get. If you know anyone with any experience in an ICU and had to pay for it themselves, please help share the information with us so we can all be more aware. In other words, it would be to get a medical card. In Malaysia, most medical and health plans are sold with investment-linked insurance products, so it’s easy to mix up your medical card with other insurance policies. If, at the point of buying this medical card, you are an individual aged between 18 to 35 years, your annual premium starts from as low as RM372.06 (Plan 1). It really depends on how you look at it, but from what I know, Great Eastern Malaysia’s Smart Medic, which is offered as a rider under their various investment-linked plan is currently the medical card that offers the highest annual limit and lifetime limit in Malaysia. Moreover, this is by no means an extensive list and there are many terms and conditions that would really matter when you are choosing a medical card. Claim history(s) – how much claims have you made and how frequent that happened? Room and Board for Intensive Care Unit. By AXA If you’re looking for Covid-19 coverage, look no further than AXA eMedic, one of the best online medical cards in Malaysia. Get Covered Now What’s next? If you want to pay lower premiums, you should go for a higher deductible medical card. I'll need to ask you a few more questions to complete your application. Choice of the best medical card. 4 Comprehensive and Affordable Malaysian E-Medic Cards to Consider Today 1. To make it easier for you, we’ve created a quick navigation for Allianz MediSafe Infinite Plus: Allianz Medisafe Infinite Plus now offers you up to RM2,500,000 as an annual limit. ManuHealth Elite. Great Eastern Life began its operations in 1908 and has been established for over 111 years. Although group insurance coverage is a voluntary benefit by employer, having a Group Term as part of your employment benefits is a good start. You might be willing to live in Malaysia as an expat or you could be a Malaysian citizen. ... What I can say is that Prudential offers one of the best, not the best, insurance products in Malaysia. Now that you have a a general overview of some of the most important benefits with medical cards, you can see how complicated it can be. Like it or not, a medical card can either be the reason you are constantly worried in the future, or the reason why you will never worry about the what ifs. AXA EMEDIC. Referring to the table of annual premium above, it is evident that the premium cost goes up as the age band increases. You see, every single insurance company offers a bunch of different medical cards and each of those medical cards give you different benefits. Past health issues – what pre-existing condition(s) you had and how serious was it? Choice of the best medical card. You’re in luck! However Allianz has now included new treatments such as targeted therapy, hormonal therapy and immunotherapy. The minimum Entry Age is 30 days old and maximum entry age is 65 and can be renewed till age 99. I know that there is at least one insurance company which offers a medical card without this feature. Let’s assume Ann from our earlier example goes for scenario 2 and she’s never made any claims, she will be looking at approximately RM141.82 refund which will credited into her account value, where she can either withdraw the money to use in her day to day life or she can leave it in the policy and allow it to grow for her. The Article. You might be willing to live in Malaysia as an expat or you could be a Malaysian citizen. When it comes to ICU room and board allocation, the best options are: If you or a loved one gets admitted to the hospital, a family member or a friend will be able to get reimbursed a certain amount of money for food and accommodation to accompany the person who got admitted to the hospital. To simplify application procedures, this plan is available for you to purchase online. We’re impressed to find out that MediSafe Infinite+ is the first and only medical card in Malaysia to provide these benefits together. Either case, you should make an educated choice on what health insurance would be used to provide medical protection to you as well as to your family members. We take a look at the most popular medical cards in Malaysia and try to assist you in deciding which gives you the best value. Smart Extender will increase the annual limit of 10 times of the corresponding Smart Medic Xtra annual limit. Quoting Antony Lee, the Chairman of The General Association of Insurance Malaysia (PIAM), as saying: “Medical inflation has been on an upward trend with double-digit increases in recent years and is projected to reach 14% in 2019.”. What does this supposed to mean? Even if you were to qualify for some sort of payout or coverage, the insurance company can deny you if you have surpassed the medical card’s annual limit. The plan helps you to be financially protected with an Overall Annual Limit of up to RM160,000, depending on your selected plan, with no Overall Lifetime Limit. If at 25 years old you signed up for a medical card at RM372.06, it could be RM400, for example, when you turn 26 years. You can see that there is an instant saving of RM960 a year! However, there is another option, and that option is to get insurance. You can turn to your employment benefits. Haven't received my message yet? There is no lifetime limit on the outpatient treatments for both cancer and kidney dialysis, and this would allow a policyholder to enjoy peace of mind when it comes to medical bills should one have to undergo such treatment. A standalone medical card works as a term insurance, the coverage is activated every year as long as you pay the premium. Because you are in constant need of support and care during this time, intensive care units (also known as ICUs) tend to be more expensive than the normal room and board. The best part about this cash-over-cover insurance plan is it is much more affordable than a rider medical card because it is a pure medical insurance plan. Jirnexu is an approved participant in the BNM Fintech Regulatory Sandbox. e-Medical Pass Benefits Cashless Hospital Admission Guarantee Letters provided with just one phone call to our 24/7 hotline so that you can be admitted to hospital without payment. Scenario 2 – RM10,000 deductible: Maybank 2 Gold/Platinum Cards. Open WhatsApp now. Its operational excellence and remarkable customer service is the reason why the company has been in operation for over a century. Phone: +60 3-8656 7228. This is more than what you will need today and will still be reliable for you in 20 years even with the average cost for cancer projecting to be RM121,000 – RM2,000,000. Medical insurance comes in 2 options: (1) standalone with no frills medical policy, (2) medical rider attached to a life insurance plan such as an investment-linked policy. You may be thinking that this is really high, and that you will never need that much. Family Coverage Option. The best part about this cash-over-cover insurance plan is it is much more affordable than a rider medical card because it is a pure medical insurance plan. It can be as low as RM 60 per night (if you are okay sharing the room with 3 other people) to as high as RM 900 per night (if you are staying in a suite). Allianz will offer you up to RM250 per day for up to 150 days for each disability during that person’s life. AXA eMedic now provides coverage for Covid-19. Let us take a look at the table of annual premium of a Standalone Medical Card X below. Deductible amount ranges from as low as RM1,000 to few hundred thousand, and is common in standalone medical card policies. So whether you’re looking for a rewards credit card, petrol, cashback, Islamic or even a basic credit card – we’ve sorted it all out for you. The Best Medical Card In Malaysia, "No Lifetime Limit " views TS Brother Nick: Mar 20 2010, 04:41 PM, updated 8y ago. For example, if you start noticing some sort of pain in your foot and go to your first doctor and find out that there is something wrong that requires surgery (which would be covered by your medical card), you will have a set amount of time to get second or third opinions on how you can treat the issue. by Shirleen Tan Let's connect on WhatsApp! In terms of premium renewal, both standalone and rider medical cards are not guaranteed. No Limit on Room & Board and ICU Stay These 4 medical cards would most likely be ideal for the average person who is young and healthy. Our plan also have the convenience of covering your spouse and children in just one policy. Takaful myClick MediCare gives you the comprehensive medical coverage you really need - minus all the frustrations. We take a look at the most popular medical cards in Malaysia and try to assist you in deciding which gives you the best value. It’s when your insurance helps pay for your hospital & treatment bills – depending on what your plan covers. Her annual premium will be RM2,400. I'll need to ask you a few more questions to complete your application. This plan is designed to ease your financial burden by helping you pay medical expenses in times of prolonged treatment and recovery. Best Deductible Medical Cards in Malaysia 2021 Need a second medical card with lower premiums? Standalone medical card is a term insurance plan that provides coverage such as hospital, surgical, outpatient and other medical benefits. After all, none of the most popular medical cards comes out ahead in every aspect. By AXA. Have the convenience of cashless admissions and outpatient benefits at both government and private hospitals. So if that is okay for you, let’s get started. Up to 2x TreatsPoints from … A medical rider works the same way as a standalone medical card, except that it comes in the forms of investment-linked policy (ILP). It really depends on how you look at it, but from what I know, Great Eastern Malaysia’s Smart Medic, which is offered as a rider under their various investment-linked plan is currently the medical card that offers the highest annual limit and lifetime limit in Malaysia. Get individual medical card and family insurance plan from RM37/month with cashless hospital admission, no medical check-up & great savings online! Smart Medic Xtra is the go-to medical card from Great Eastern as it offers comprehensive coverage for hospitalisation and gives high coverage to policyholders for their hospital bills. AXA eMedic is arguably Malaysia’s first standalone comprehensive and affordable online medic card... 2. If you or a loved one is admitted to the hospital, the hospital room and board will be used to pay for your accommodation. We often read and hear about the importance of having a health insurance coverage, backed by the fact that the cost of a medical treatment has been on the rise over the years. Will I have a medical card? © 2021 Jirnexu Sdn. To increase the policy coverage in health insurance, a medical card is added on as a rider. An insurance deductible is an amount that the policyholder will need to pay before utilizing their medical card. Find out more about the most flexible and affordable individual and family insurance plans here! This will make accommodating you (or your loved one) much easier as some of their expenses will be covered. Customisable room and board limits: Four configurations are available:*. Age – the older you are, the more expensive it gets to insure you. Unfortunately, it isn’t as simple as buying a medical card, or worse, buying the cheapest medical card. Compared to medical rider, the cash value (from your savings and investment) is covering the difference between cost of insurance and actual premium as you age. She decides to get a Plan 300 and a coverage up to 80 years old. International Medical University, No.126, Jalan Jalil Perkasa 19, 57000 Bukit Jalil, Wilayah Persekutuan Kuala Lumpur, Malaysia. Though the trend has been that it has been going up significantly. It’s vital to have a medical plan even if you have coverage under your employment, especially when medical costs tend to rise each year. There are 6 plans you can choose from, with each showing an annual premium according to the age band. New Member. Medical Card Takaful Ready for Anything. When you have moved up a ladder in your career and life, always review your insurance plan(s) by increasing coverage limit, adding on critical illness insurance or personal accident insurance. So long as the consultations and tests are related to the same illness of what you end up getting hospitalised for and are within the time period that the medical card gives, you will be covered. It reimburses your medical expenses such as pre and post-hospitalisation charges, intensive care services etc. Even when you have not made any claim in your previous policy years, your standalone medical card premium will still increase due to age increment. If you or a loved one requires a nursing home or home care due to some disability / condition, your policy may cover you to be admitted to it up to a certain amount of days. If you think a medical rider works differently in terms of renewal, think again. Policyholders are usually advised to get a medical card with higher deductible, IF you are already covered with a medical insurance plan, whether personal (zero deductible) or company group term. Maybank Islamic Ikhwan American Express Platinum Card-i. The high allowance of up to 180 days will give you as the policyholders' peace of mind when it comes to admission in the hospital. Having a medical card means all my medical treatment costs are paid for. You’re in luck! Malaysia Medical Insurance will offer the best health insurance with medical card for cashless admission HOME CONTACT US TESTIMONIALS TERMS OF USE +6012 3737601 +603 8082 6098 Condition ( s ) you had and how serious was it an advantage that many may not aware. 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