How to apply and obtain Health Insurance in Singapore: Procedures, Documents required?

What is health insurance?

Health insurance is a type of insurance that pays for medical costs incurred by an illness. These charges could include hospitalization bills, pharmaceutical prices, or medical consultation fees.

MediShield Life, a basic government health coverage big medical bill, is available to all Singaporeans.
You may not be able to work throughout your recovery, in addition to having to cope with big medical or hospital expenditures.

Some health insurance policies will reimburse your cash, while others may assist you in covering the costs of therapy or nursing care.

Why it’s mandatory to take?

To comply with employers’ current obligation for the upkeep and maintenance of their foreign workers, corporations must provide medical insurance to Work Permit and S Pass holders, as well as medical treatments. Health insurance is not required for Employment Pass holders.

Employers have the option of providing health insurance to their employees. If you show your employees that you care about them, they will gladly return the favor! Benefits can help you enhance your productivity at work by 22%.

Procedures to obtain health insurance?

  1. Fill out an online application. To get started, go to this website and choose your state.
  2. Apply over the phone. To apply for a health insurance plan and enroll over the phone. You can even get subsidies for health insurance on a government website.
  3. Submit your application in person
  4. Send in your application by mail.

Documents required to obtain health insurance?

Singapore citizens and permanent residents are entitled to subsidized government healthcare under the compulsory national savings program, although foreigners with various work visas can either acquire health coverage through their employer or buy it privately.

Processing time for health insurance in Singapore

Most health insurance policies include a 30-day to 90-day waiting period after the coverage is approved. During the waiting period, no benefits will be provided for illnesses or treatments that occur.

Fees for health insurance in Singapore

The monthly cost of critical illness private health insurance can range from S$75 to S$400 depending on your age, lifestyle choices, and policy type.

How to check medical insurance status?

1.Log into your account on the website HealthCare.gov.
2. Select “My applications & coverage” from the dropdown menu by clicking on your name in the top right corner.
3. Under “Your existing applications,” find your completed application and select it.
4. You’ll find an overview of your coverage here.

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