This is the type of medical coverage everyone knows best. Here’s another strategy to keeping your standalone medical card annual premium lower: deductible. We’ve compiled the best credit cards in Malaysia for 2019. "The family plan is so affordable and it offers a good rates. This plan is designed to ease your financial burden by helping you pay medical expenses in times of prolonged treatment and recovery. As such, Allianz Life Insurance Malaysia Berhad (“Allianz Life”) understands the significance of creating awareness on the importance of having a medical card to both its customers and the general public alike. Customisable room and board limits: Four configurations are available:*. 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. 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. Read on to find the best credit card in Malaysia for you! 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 You will get access to top experts from around the world to assist you with your medical decision making. 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). and Prudential will not provide any daily guardian benefits, Prudential comes out as number one as it has no limits, Great Eastern’s highest annual limit is RM 2,000,000, Allianz’s MediSafe Infinite Plus’ highest annual limit is RM 2,500,000, AIA’s highest annual limit is RM 1,500,000, Allianz will give up to 90 days for pre-hospitalisation consultation and tests, AAI, Great Eastern and Prudential all give up to 60 days for pre-hospitalisation consultation and tests, Great Eastern leads this one by offering up to 180 days for post hospitalisation treatment, AIA offers 120 days for post hospitalisation treatment, Prudential offers 90 days for post hospitalisation treatment, Allianz offers 90 days for post hospitalisation treatment, Prudential will offer to pay as much as it costs for up to 180 days (ie there is no limit with Prudential home nursing care), Allianz will pay as much as it costs for up to 180 days for home nursing care, AIA will pay up to RM 10,000 for up to 180 days, Great Eastern will not pay for any home nursing care. There are many insurance companies in Malaysia and each company has a variety of plans and options. The most important highlight that differentiates a Standalone from Medical Rider is the premium cost; Standalone medical card is way cheaper compared to a rider for several reasons: Choosing the right medical card for yourself and/or family members requires a strategic financial planning. After all, none of the most popular medical cards comes out ahead in every aspect. 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. Haven't received my message yet? 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). A deductible is the upfront cash payment borne by you before your insurance money comes in. So if that is okay for you, let’s get started. In conclusion, owning a personal medical insurance is necessary to better manage your financial risks when you fall sick and are unable to work. 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. This can be attributed to the health system in Malaysia. In the past, outpatient treatment for cancer only covers chemotherapy and radiotherapy. New Member. Enjoy uninterrupted access to medical care now and after you retire - up to 85 years old. Referring to the table of annual premium above, it is evident that the premium cost goes up as the age band increases. Back To Beginning of Allianz MediSafe Infinite+, What makes Allianz Medisafe Infinite+ unique is 5 main things: deductibles, no claim refunds, new cancer treatment options, the ability to customise your plan and allows for global expert medical opinion. Introducing Great Health Direct – an affordable standalone medical plan that provides you medical coverage up to age 80. Allianz has given you the option to determine your own coverage term, starting with a minimum of 20 years or until you are 100 years old. Having a medical card means all my medical treatment costs are paid for. Secure and Encrypted; Available anytime, anywhere; Simple! The different Room and Board limits are to allow policyholders to choose a plan suitable for their room preference and budget. If you think a medical rider works differently in terms of renewal, think again. Maybank 2 Gold/Platinum is no doubt the best credit card for cash … Family Coverage Option. A medical rider works the same way as a standalone medical card, except that it comes in the forms of investment-linked policy (ILP). 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.”. 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. Unfortunately, it isn’t as simple as buying a medical card, or worse, buying the cheapest medical card. 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. I'll need to ask you a few more questions to complete your application. The minimum Entry Age is 30 days old and maximum entry age is 65 and can be renewed till age 99. 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. If you or a loved one needs intensive treatment (for serious … No waiting period for confirmed diagnosis. Buying a medical card is hard. 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. 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. Here, you can find instant quotes to some of the best medical cards offered in the market. Smart Extender will increase the annual limit of 10 times of the corresponding Smart Medic Xtra annual limit. Let us take a look at the table of annual premium of a Standalone Medical Card X below. Have the convenience of cashless admissions and outpatient benefits at both government and private hospitals. Great Medic Xtra offers you a comprehensive medical plan with no co-insurance, providing you the protection you need against high medical cost. If however, your need to be in the intensive care unit is over, but you still need to stay in the hospital, you will start using your hospital room and board and not your ICU days. 1. You may be thinking that this is really high, and that you will never need that much. Card PM. Phone: +60 3-8656 7228. I agree to be contacted by RinggitPlus via WhatsApp regarding my application, AXA Affin SmartCare Optimum Plus Medical Card, RHB Insurance MediSure Supreme Insurance Medical Card, MPI Generali Multi Medi-Plus Medical Card, Great Eastern Smart Extender Max Medical Card, MSIG Healthcare International Insurance Medical Card, Hong Leong Assurance MedGLOBAL IV Plus Medical Card, Tokio Marine Premier MedicPartner Medical Card, MPI Generali Multi Medical Protector Medical Card, Best Free Airport Lounge Access Credit Cards, Guide to Buying Your First Insurance Plan. 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. You’re in luck! Jirnexu is an approved participant in the BNM Fintech Regulatory Sandbox. No waiting period for confirmed diagnosis. Its operational excellence and remarkable customer service is the reason why the company has been in operation for over a century. Coverage While Travelling Abroad – Supreme Assist. 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. 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. Takaful myClick MediCare gives you the comprehensive medical coverage you really need - minus all the frustrations. AXA eMedic. 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. How you would do this is by getting an insurance deductible. What does this supposed to mean? With a professional Allianz agent, he/she will be able to help you adjust the coverage terms based on your needs and budget. ICU costs is something we’re still searching for since the cost is kept in the dark. A basic health insurance plan such as standalone medical card is enough to cover your hospitalisation and other medical expenses, at a fraction of your monthly income. To increase the policy coverage in health insurance, a medical card is added on as a rider. Allianz will offer you up to RM250 per day for up to 150 days for each disability during that person’s life. Find the right medical card based on annual limit, lifetime limit, and other features. Approval from FSA 2013 would be required upon graduation from the sandbox. This can be attributed to the health system in Malaysia. We’ve compiled the best credit cards in Malaysia for 2019. Open WhatsApp now. 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. Get individual medical card and family insurance plan from RM37/month with cashless hospital admission, no medical check-up & great savings online! 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. Best Deductible Medical Cards in Malaysia 2021 Need a second medical card with lower premiums? The answer is no. 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. 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. 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. Rider Recommendation: But what makes these the top 4 medical cards, let’s get started. Although group insurance coverage is a voluntary benefit by employer, having a Group Term as part of your employment benefits is a good start. To make it easier for you, we’ve created a table of content: Since Malaysia does not have the most extensive health care covered by the government (unlike most western countries), we are required to take care of our own medical expenses. Well with Allianz, you can. If you want to pay lower premiums, you should go for a higher deductible medical card. Choice of the best medical card. 4 Comprehensive and Affordable Malaysian E-Medic Cards to Consider Today 1. You can also buy an ILP such as whole life insurance to get a comprehensive insurance coverage in a single premium, with a medical rider add-on. What if you could get even better coverage with a cheaper monthly premium? Show posts by this member only | Post #1. Especially with all the noise from all these people who just want you to buy something from them. 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. Compare medical cards with deductible plans and apply now. However, there is another option, and that option is to get insurance. In comparison, medical rider is more expensive because it is part of a comprehensive insurance plan, whereas standalone medical card is cheaper because it is a pure medical insurance plan. Her annual premium will be RM3,360. Hospital Room and Board entitlement is up to 180 days a year. You will now be able to enjoy a No Claim Refund of up to 20% of your medical card’s cost of insurance for the preceding policy year if no claim has been made/paid. The insurance company will look at many factors, including but not limited to your: Let’s say you have made multiple claims in a year due to same illness until your annual limit is exhausted, the insurance company will increase your annual premium for the next policy year for the risks you have transferred to them. Get individual medical card and family insurance plan from RM37/month with cashless hospital admission, no medical check-up & great savings online! AXA eMedic is arguably Malaysia’s first standalone comprehensive and affordable online medic card... 2. If you’re looking for Covid-19 coverage, look no further than AXA eMedic, one of the best online medical cards in Malaysia. You might be willing to live in Malaysia as an expat or you could be a Malaysian citizen. Criteria 2: Room and Board for Intensive Care Unit, Criteria 5: Pre-Hospitalisation Consultation and Tests, Criteria 6: Post Hospitalisation Treatment, Learn More About Allianz MediSafe Infinite+, Everything You Need To Know About Allianz MediSafe Infinite+, What makes Allianz Medisafe Infinite+ Unique, Get Personal Support For Allianz MediSafe Infinite+, AIA – A Plus Med + with the A Plus Med Booster, Great Eastern – Smart Medic Xtra 99+ with other riders, Prudential hospital room and board will give you up to RM600 a day for up to 150 days within a policy year. What it means by “non-guaranteed” is because of medical inflation and other lifestyle and health factors, an insurance company may or may not renew your health insurance plan. 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. It’s when your insurance helps pay for your hospital & treatment bills – depending on what your plan covers. Our medical insurance plan covers you up to age 99 next birthday. These 4 medical cards would most likely be ideal for the average person who is young and healthy. 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. It is easy to get lost in the avalanche of information and opinions from your life planner, your family and your friends, making it even harder to decide on what’s best. When divided by 12 months, you are actually paying RM31 every month. A standalone medical card works as a term insurance, the coverage is activated every year as long as you pay the premium. If you or a loved one is admitted to the hospital, the hospital room and board will be used to pay for your accommodation. So, does every medical card in the market have this feature? The outpatient cancer treatment and outpatient kidney dialysis is fully covered as charge subject to the annual limit. While you are travelling abroad for a period not exceeding 120 consecutive days, you have benefits of emergency medical evacuation and repatriation of up to RM500,000. List of top 10 best medical schools in Malaysia ! THREAD CLOSE This post has been edited by Brother Nick: Feb 5 2013, 11:52 PM. There is no medical card issued for this Certificate. 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. It means that getting a fever diagnosis with medicines and medical certificate at a private clinic can easily cost you more than RM100 per visit. My medical card will cover all possible health issues I may have. Our plan also have the convenience of covering your spouse and children in just one policy. 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. 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. Find out more about the most flexible and affordable individual and family insurance plans here! 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. Will I have a medical card? Ease your burden with a medical card that pays 100% of your medical bills. It is highly recommended that you add the following Rider: Smart Extender. This way, you can afford an inexpensive standalone medical card with high deductible as your first personal medical insurance plan. 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 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. 4. Looking for a credit card that best suits your spending style? Get Covered Now What’s next? Worldwide coverage; Access specialised care all around the world, subject to the reasonable and customary charges in Malaysia. This means that if you were unlucky and had different reasons to need a hospital’s room and board within a year, you can. Scenario 1 – zero deductible: The Article. The agents are good in recommending plans that are suitable for saving for my children's future as well as getting them medical card. 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. Claim history(s) – how much claims have you made and how frequent that happened? 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. It reimburses your medical expenses such as pre and post-hospitalisation charges, intensive care services etc. You can see that there is an instant saving of RM960 a year! Takaful myClick MediCare gives you the comprehensive medical coverage you really need - minus all the frustrations. Maybank 2 Gold/Platinum Cards. She decides to get a Plan 300 and a coverage up to 80 years old. Apply for a medical card on RinggitPlus for exclusive gifts; ... outpatient and other medical benefits. You’re in luck! 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 family plan is so affordable and it offers a good rates. That is why we decided to not only help you FIND the best medical card for YOU, but we also want to help you UNDERSTAND what to look for in a medical card. 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. It’s important to keep yourself protected. AXA eMedic now provides coverage for Covid-19. Unlimited Lifetime Cover You never have to worry about insufficient medical cover during the … Let's connect on WhatsApp! Best Medical Insurance Plans Malaysia 2021 - Compare Medical Cards © 2021 Jirnexu Sdn. AXA EMEDIC. Looking for a credit card that best suits your spending style? Looking to protect your family and loved ones with comprehensive medical coverage? These expenses can be claimed under the post-hospitalisation treatment so long as the reason you are going back is still related to your initial illness that required you to go to the hospital in the first place. However, as the insurance industry is a highly competitive one, other companies might have launched better medical card plans. As for a rider, it is bundled with an investment policy as an extra feature. Comparing the Medical Card from 3 Major Insurance Companies. Junior Member 18 posts Joined: Dec 2009. So long as you get admitted to a hospital before your consultation time is up, your medical card will cover you for all the different visits. No Limit on Room & Board and ICU Stay The difference between a standalone medical card vs a rider. The basic plans’ annual limits can be significantly increased with the Smart Extender Rider as per below. Hospital fees stop you from receiving the medical treatment you deserve what pre-existing condition ( s ) – much! Customer with the best credit card in Malaysia a standalone medical card means my! Are the annual limit two main things to Consider when selecting hospital room &.! 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