Who Should Buy Medical Insurance in Singapore
                     Who Should Buy Medical Insurance in Singapore? 
The citizens and permanent residents of Singapore are already covered by the government-provided 
Medishield health insurance. This is a compulsory medical insurance Singapore scheme that pays for 
treatment at public hospitals.  
If you wish to get treatment at a private hospital or want a better ward then, you need to take the 
Integrated Shield Plan. This plan allows you a wider coverage which includes better hospital rooms 
and private hospital treatments. 
Apart from this basic insurance provided by the government, there are many private health 
insurance companies in Singapore. You should consider some things while buying insurance.  
The first thing that you should remember is that the law of Singapore does not allow any insurance 
provider to cover 100% of the medical treatment bills even if the patient has been hospitalised. 
When you get yourself insured through a private insurance provider then you need to pay a lump 
sum amount towards the expense of your treatment.  
This payment must be made before you get the insurance money. This rule has been created to 
protect the insurance companies, but some of the companies provide riders which makes a great 
difference to the out-of-pocket expenses of the patient. Let us see which people should opt for 
private medical insurance in Singapore. 
If you are young and healthy then you should look at your family history and decide which ailments 
you are most likely to get at a later age. For instance, if your parents have diabetes, then there are 
larger chances for you to get this ailment after a certain age. 
If you have a family then children or elderly people may fall ill and you should make sure that you 
have adequate insurance for the comfortable treatment of your family. Here you should make sure 
that the deductible and co-insurance for the plan are affordable. 
Even senior citizens should opt for private insurance because they are more likely to require 
treatment for their health issues. 
Hence, all citizens of Singapore should opt for health insurance even if they are covered by 
government-provided insurance.