Bear in mind that this is a standalone, aka term medical card, whereby the annual premium is set to increase every 5 years age band. Underwriting process does not require medical check up; instead you just need to fill in a simplified online questionnaire during application. Perlindungan perubatan sehingga RM2 Juta However, comparing Med Value Point with lifetime limit, it loses out slightly because other medical cards have no lifetime limit while PruValueMed only covers 80% of the eligible benefit exceeding Med Value Point. it won’t be suitable one because firstly, it’s term standalone and secondly, all compared here are from life insurers, not from general insurers. I am curious because my parents insured me since young under Zurich and now that I am adult, I automatically went for Zurich however I seldom see Zurich being compared together with the rest of the big guys. With the addition of the Million Extra III rider, its annual limit becomes increases to an additional 1.5 million, adding to the already high 1 mil/1.5 mil/2.0 mil original annual limit for Medishield III rider. Coverage also expire at age 80. I have been a diabetic type 2 since i was about 37 years old. eMedic is available for purchase exclusively online at www.axaemedic.com – there’s zero need to go through any agents or intermediaries. Absolutely. Lifetime limit for outpatient kidney dialysis and cancer treatment has been upgraded to no lifetime limit. Tq so much Mr.lieu for the wonderful explanation. By the way, I don’t think I need to stress the importance of having a medical card even if you are employed and your employer provides for you. Let me introduce you Great Eastern's latest medical card, Smart Medic. Features which we feel could make AXA eMedic even better: • More options for Room & Board daily rate, other than the one and only RM 250.• Lowest annual limit is RM 20,000 which is way below what we consider the bare minimum today. Thank you. Aside from coverage in Brunei and Singapore (for some Malaysian medical card), all standard Malaysian medical cards do not offer direct (cashless) coverage for elective overseas medical treatment, although they may provide a value-added services such as a second opinion benefit. Please include it. AXA eMedic 5 minutes, fast & easy purchase process: After successful payment, policy holder will receive a Welcome Message and eMedic Digital Medical Card in your email. You need to be over 45 years old to buy this, nonetheless, avoid this standalone medical card unless you are really strapped for budget because lifetime limit is notoriously low at RM 225k. A Plus Health medical insurance replaced A Plus Med as its flagship medical card in Q4 ’18. The New Great Eastern Mobile App allows you to access our health services at your convenience and provide accessibility for busy individuals. It offers similar coverage like your normal medical card, on top of diabetes management benefits, where once a year, you will have access to a health screening benefit, claimable up to RM250, Specifically, they are: Apart from that, Allianz Diabetic Essential Medical Card comes with a premium discount benefit that is applicable subject to the results of your Health Screening Benefit tests. No mention of organ transplant coverage though. Other medical riders including Manulife ManuHealth Elite has ‘As Charged’ room & board rate and unlimited lifetime limit, with annual limit up to RM 2.2 million. Also keeping up Allianz and HLA, it comes with more outpatient cancer treatments like targeted therapy, hormonal therapy and immunotherapy. Also, we respect your privacy and do not ask for your phone number when you are ready to apply online or even want to request for the quotations to compare them yourself. The Malaysian operations was subsequently transferred to a locally incorporated public company, namely Great Eastern Life Assurance (Malaysia) Berhad (93745-A) (Great Eastern Life) under the Scheme of Transfer of Business. Lifetime Limit – … The eMedic digital medical card is a picture that can be saved on mobile devices, which can be accessed online. We opined that this standalone (term) medical card pales in comparison to its medical rider counterpart due to inferior annual limit (RM 100k to 150k only) and room & board rate (RM 250 is the top option available). Note: you should flip your device horizontally if you’re using a phone/tablet. Prudential also has another 2 older medical card range – PruHealth and PruFlexi Medi, on top of PruMedicOverseas providing coverage in Singapore, Hong Kong and China. We will pay the eligible hospitalisation expenses that you incurred subject to the annual limit of the plan you signed up. This is the most practical, highly actionable guide to buying the best medical card in Malaysia online, instead of just other comparison guides (which often overwhelm you with too much info until you feel confused with over-analysis paralysis). Watch a series of lessons on buying the best medical cards for yourself. Understand basic medical card terminologies and why you must get the best health insurance for yourself. Pros: Has the capability to customize the hospital room & board rate and Med Value Point (1, 1.5 or 2 million). What is the difference between a medical rider and a term (standalone) medical card? Admitting to a panel hospital saves you these paperworks because the insurance company will pay directly the hospital provided a Letter of Guarantee (GL) is issued by the insurer to the hospital upon your hospital admission. Can you give a comparison and advise for takaful medical card. Another best thing about Allianz medical card is that it specifically states, in the quotation, to include. Which medical card feature that is the most important to you? Phew! The answer to the first question lies in the video below, while for the second question, the answer is YES, provided you at least have long term residency visa like MM2H visa. SHASI Great Eastern - Medical Card & Investment, MANDARIN FOR ALL : BOOK 1 ( 2ND EDITION ). Note: Retain all original receipts and documents for the next 6 months in case they are required for further investigation. When she was 4 years old, she was given tuberculosis treatment along with my wife as a precaution. For objective comparison, we remove this co-insurance feature. Great Eastern medical card is the Best medical insurance in Malaysia? thanks. ), It also provides Emergency Medical Evacuation and Repatriation up to USD 1 mil (do not mistakenly think this is international health insurance coverage). What and which insurance plan would you advice us for? In order to minimize any unnecessary delays, it is the norm to follow some pointers below as part of the claims process: Your servicing intermediary can assist you with the claim although there is really nothing stopping you from doing it yourself by submitting the claims using snail mail or walking into insurer’s servicing office. Great Eastern Takaful - Family Medical Card, Sungai Petani. Medical costs have escalated around the world and this is no different in Malaysia. Great Eastern shares were trading up seven Singapore cents at S$25.92 as at 4.25pm on Thursday. Comparison table: Allianz, AIA, Great Eastern, Manulife, Hong Leong, Prudential, Tokio Marine, AXA Affin, AmMetLife & Zurich Medical Insurance. Bear in mind hospital may still need to charge you some deposits upfront to cover for items not covered by your medical card. Thank you. Medical card is a card issued by your insurance provider when you purchase a medical plan. Great Eastern Takaful Medical Plan i-Great MediMax (Occupation Class 1 & 2) i-Great MediMax gives you and your family longer protection, providing you with the confidence to cope with unforeseen circumstances. Furthermore, you can further add on to the medical coverage by extending your medical treatment to pre-authorised hospitals in Singapore, Hong Kong, and China with Overseas Treatment for Selected Surgeries III for surgeries related to Cancer, Neuro, Coronary Artery Bypass, Heart Valve, Organ Transplant (kidney, lung, liver, heart, pancreas and bone marrow), Organ transplant coverage per Annual & lifetime limit is included. Cons: Evidently, the medical card price, especially with Med Saver feature removed. Both medical cards have a lifetime limit of RM1 million, with the difference of Medical Card A comes with an Annual Limit, whereas Medical Card B does not. e-Connect is our secure, self-service portal: you can use it to access protection coverage, perform key services, make premium payments online, customise your insurance plans, check your claim status, update personal particulars and change your password. I’m 72, she is 58, we are both in good health, I’m confused with which insurance to chose. Apply for the card. Seek advice from PIAM Information Centre and Ombudsman for Financial Services (OFS) if you opined that your claim has been unfairly rejected. Besides protecting you during the tough times, it also gives you benefits when you are healthy such as giving you an annual limit increment for every 3 … The co-payment clause in its predecessor, Medisafe Infinite, has been removed. There are no reviews yet. This guide has existed since 2015, 2016, 2017,2018, 2019 with 250+ comments below. Great Eastern Life began its operations in 1908 and has been established for over 111 years. What About AIA Public Takaful A-Life Medik Famili Medical Card? Kalau ditanya pada ejen takaful, sah-sah akan kata syarikat takaful dia yang terbaik. All product benefits listed in this page are subject to terms and conditions. https://howtofinancemoney.com/case-study-pierrep. If you are a fresh graduate just starting out in the workforce, or young family with tight financial budget, then you seriously need to consider this as your first medical card. Your email address will not be published. Its weaknesses of standalone lifetime limit for outpatient cancer & kidney dialysis and 2 mil lifetime limit for Plan 200 makes it unfavorable among the other options available now. Underwriter may approve your application promptly or he may require you to do additional medical check or request more details on your medical history before offering you a standard acceptance offer, or conditional acceptance offer with loading or exclusion. Licensed, independent financial adviser possess ‘super-license’ from Bank Negara Malaysia and hence is authorized to source the best medical insurance from major insurers on client’s behalf. Last entry age at 60 but it can only be renewed up to age 70. As you notice, the Best Insurance Medical Cards in Malaysia come from major life insurance companies, brands which you already know. Furthermore, most insurers also have their electronic portal (or app) to submit your claims paperless and you will be paid via direct online banking – it is much faster and convenient so check this option before you hastily submit a claim the manual way. Also, do you agree that medical costs will carry one or more of the characteristics below: For minor condition like cataract or appendicitis, the cost of such treatments may hardly dent your retirement nest egg. CF Lieu is an independent financial adviser (IFA) with CFP qualification and licensed by the Securities Commission of Malaysia to conduct regulated financial planning activities and charge a professional fee for it.CF Lieu is also listed under Featured CFP Professionals in his professional association website – FPAM (Financial Planning Association of Malaysia). Why you not included the mxm MediServer plan in your comparision? Hi Grace, relook at the comparison table again…hard. Rest assured that in the event that your policy submission is declined, you will be promptly notified and all premiums collected (if any) will be returned in full. Smart Medic is the comprehensive medical rider (aka medical card) for investment-linked insurance plans from Great Eastern which protects you medically until you are 80 years old next birthday. Organ transplant coverage – Reasonable & customary charges. Did you scroll all the way to the right? Zurich is at the far right. My combined sum assured for accidental death from Great Eastern's personal accident policies GREAT Protector, GREAT Personal Protector and/or GREAT Protector Active exceeds S$1million. Together with your filled in questionnaire, submit your personal details online via the insurer’s portal to kick-start application. My wife is 38. Finally, the no co-payment clause is always welcomed. Compared to guaranteed renewal clause in medical rider, some standalone medical cards have conditional renewable clause whereby – if you are hit with a long term/ critical illnesses, insurer will likely impose unfavorable terms & conditions like premium loading, coverage exclusion from the illness and even rejection at your next renewal cycle. Retiring in Malaysia : Get the Best Health Insurance & Prevent Medical Costs from Touching your Retirement Nest Egg. Seeing overwhelming interest shown for information of medical card in Malaysia, I've decided to share more information with the Medical Card I'm most familiar with. An extremely flexible medical card where you can configure it as a humble Honda City or a Ferrari/Bugatti if you have the budget. When you retire after age 60:What it means, when you reach age 60, this health care insurance will convert to become a zero deductible card – which means any medical expenses can be charged under this card – at the time when your company medical insurance coverage ceases. Medical Card jenis standalone ini bermaksud ia tidak disertakan kepada basic plan takaful induk. Since health insurance, just like any other insurance, is essentially an unilateral contract, knowing the terms and conditions of your medical coverage is absolutely critical. I really want to subscribe your montly plan if your team able to give advise on takaful medical card. Only if you need to get the best overseas medical treatment for severe illnesses (refer to Overseas Medical Treatment section below). Max lifetime limit capped at RM 1.2 million, Before undergoing any non-emergency medical treatment, call the customer care helpline of your insurance company and confirm whether your doctor’s proposed treatment is covered in your medical insurance policy and whether your hospital of choice is panel hospital, Request your doctor or specialist to fill in and sign your claim form. Only advisers with the highest calibre and credibility are displayed under this list. Med Value Point is defined as – if the total claims that exceed the stipulated Med Value Point amount, the Prudential will still be liable to pay 80% of the total cost of the eligible benefit while policyholder bear the remaining 20%. Cashless admission for an extended list of 139. The other health insurance features you definitely want to take note on are: Co insurance of 10% means when Ali got admitted to hospital and the medical bill costs RM 9,000, Ali has to pay RM 900 while his insurer pays the remaining amount, up to the medical card annual or lifetime limit. How much do you think your Malaysian insurer is going to reimburse you? The family package is available from AIA. All rights reserved. Compare the premium pricing among insurers’ quotations based on the coverage features you need while weighing the pros and cons of each options. Ensuring you have access to adequate care is crucial. Ia memang sendirinya hanya Medical Card yang melindungi manfaat perubatan di hospital. This Medical Card offer 5 types of plan to choose from: 1. Best deductible medical card in Malaysia – which one is it? Medical Card Takaful What About Manulife ManuEZ-Med Medical Card? Get your advice here. What About Allianz MediAdvantage Medical Card? Great Eastern Smart Medic Offered by one of the top insurance companies in Malaysia, the Great Eastern Smart Medic is your ideal choice which comes with investment-linked insurance plans as well. It has been succeeded by the newer AIA A-Plus Health medical card (flagship product). Its weaknesses of standalone lifetime limit for outpatient cancer & kidney dialysis makes it unfavorable among the other options available now. Only apply for this medical card that provides RM 500k – RM 1.4 million annual limit and RM 1.5 million – RM 4.2 million lifetime limit, if you have Type 2 Diabetes in which application to the normal medical card will usually get rejected. For a limited period, existing Great Eastern policyholders, including those who hold only Dependants Protection Scheme or ElderShield plans, can also purchase the Great Family Care plan without any medical underwriting. We opined that AXA eMedic should not be compared to medical riders available out there because medical riders do provide more comprehensive and long term medical coverage. What About Prudential PruHealth Medical Card? Pros: No limit on the number of annual confinement days and high annual limit of RM 2.2 million, plus having outpatient stroke coverage which none other medical card in comparison has this benefit. Cons: The outpatient treatments are capped at RM 1.76 million for each per lifetime, separate from its overall annual limit of 2.2 million and no lifetime limit. Insurers are not stupid; they will only reimburse you an amount that is up to what is defined in Malaysian Medical Association’s (MMA) Schedule of Fees when it comes to medical procedures, and what’s reasonable and customary for other medical expenses such as prescriptions and medical supplies. It does not represent absolutely the expensiveness or cheap-ness of a medical card from an insurer across all age ranges. -Customize your own product Panel hospitals will be able to provide cashless hospital admission hassle free. At Great Eastern, we have designed insurance solutions that suit your age group, health needs – and budget. Instead, it should be viewed as an excellent substitute to medical cards offered by general insurers, or a good alternative to one’s company medical card. Don’t be fooled with just one product by Hong Leong Assurance because it is highly configurable, only matched by Allianz. It has 180 days of hospital confinement but combined normal hospitalization and ICU (intensive care unit), Starting Sept 2020, new medical card called Smart Medic Million comes with increased annual limit, adds outpatient imaging (MRI/PET) up to RM 5,000 per year and dengue/Zika virus coverage. 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