Scenario 1 – zero deductible: What if you don’t even have a personal medical card with zero deductible? 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. 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. 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. Junior Member 18 posts Joined: Dec 2009. Takaful myClick MediCare gives you the comprehensive medical coverage you really need - minus all the frustrations. So, does every medical card in the market have this feature? By AXA. That’s why it is more expensive. "The family plan is so affordable and it offers a good rates. 4 Comprehensive and Affordable Malaysian E-Medic Cards to Consider Today 1. Only agents that have shown the highest quality of service and provided their customer with the best advice are eligible to receive this award. Haven't received my message yet? Although we cannot cover every single benefit, here are the most common benefits that you should consider when deciding what medical card to get. If you want to pay lower premiums, you should go for a higher deductible medical card. Open WhatsApp now. No waiting period for confirmed diagnosis. Looking for a credit card that best suits your spending style? This will make accommodating you (or your loved one) much easier as some of their expenses will be covered. Not many companies have been around for over 100 years. There are 6 plans you can choose from, with each showing an annual premium according to the age band. 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. If you or a loved one needs intensive treatment (for serious … Will I have a medical card? Customisable room and board limits: Four configurations are available:*. It’s important to keep yourself protected. Buying a medical card is hard. 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). List of top 10 best medical schools in Malaysia ! Though the trend has been that it has been going up significantly. If your purpose is to get covered for health only and want to save money on premiums, a standalone medical card is the right way to go. 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. But what makes these the top 4 medical cards, let’s get started. 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. Comparing the Medical Card from 3 Major Insurance Companies. 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. Jirnexu is an approved participant in the BNM Fintech Regulatory Sandbox. 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). This benefit allows you or a loved one to go around and get different consultations and tests from different professionals before you commit to any of the doctor’s recommendations. 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. Show posts by this member only | Post #1. Worldwide coverage; Access specialised care all around the world, subject to the reasonable and customary charges in Malaysia. 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 All rights reserved. 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 Well with Allianz, you can. Not cause you frustrations. 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. 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. Deductible amount ranges from as low as RM1,000 to few hundred thousand, and is common in standalone medical card policies. 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. The Best Medical Card In Malaysia, "No Lifetime Limit " views TS Brother Nick: Mar 20 2010, 04:41 PM, updated 8y ago. She decides to get a Plan 300 and a coverage up to 80 years old. Choice of the best medical card. She decides to choose the RM10,000 deductible option. A deductible is the upfront cash payment borne by you before your insurance money comes in. To simplify application procedures, this plan is available for you to purchase online. Her annual premium will be RM2,400. Claim history(s) – how much claims have you made and how frequent that happened? No waiting period for confirmed diagnosis. Allianz has upgraded their medisafe infinite+ medical card to become one of the best medical cards available to people. 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. This way, you can afford an inexpensive standalone medical card with high deductible as your first personal medical insurance plan. Best Deductible Medical Cards in Malaysia 2021 Need a second medical card with lower premiums? Smart Extender will increase the annual limit of 10 times of the corresponding Smart Medic Xtra annual limit. This is the type of medical coverage everyone knows best. Our medical insurance plan covers you up to age 99 next birthday. This is the type of medical coverage everyone knows best. AXA eMedic now provides coverage for Covid-19. You can see that there is an instant saving of RM960 a year! Ensure that you have sufficient medical coverage with AIA - the best health insurance company in Malaysia. Past health issues – what pre-existing condition(s) you had and how serious was it? 2. To increase the policy coverage in health insurance, a medical card is added on as a rider. The agents are good in recommending plans that are suitable for saving for my children's future as well as getting them medical card. Let's connect on WhatsApp! 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. These 4 medical cards would most likely be ideal for the average person who is young and healthy. 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. I'll need to ask you a few more questions to complete your application. There are two main things to consider when selecting hospital room & board. Get Covered Now What’s next? BEST MEDICAL CARDS IN MALAYSIA Don't let expensive hospital fees stop you from receiving the medical treatment you deserve. You can turn to your employment benefits. My medical card will cover all possible health issues I may have. I know that there is at least one insurance company which offers a medical card without this feature. How you would do this is by getting an insurance deductible. This is because the insurance company is covering the actual cost of insuring you. 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. Medic Plus supplements your hospitalization and surgical insurance, with renewal guaranteed after 12 months without a claim. 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. 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. 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. Before we get into what makes this Allianz medical card one of the best medical cards in Malaysia, you need to be aware that it is a rider for their investment linked plan: Powerlink. Or if you want to dig deeper into one of these companies, keep on going! Not only you have saved yourself from digging deeper into your own savings, but also applying for a personal loan with high interest rate. The Article. In some cases, you would still need to go back to the hospital for either treatment of consultation after your initial treatment. 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. It’s when your insurance helps pay for your hospital & treatment bills – depending on what your plan covers. Malaysia Medical Insurance will offer the best health insurance with medical card for cashless admission. ManuHealth Elite. In conclusion, owning a personal medical insurance is necessary to better manage your financial risks when you fall sick and are unable to work. If you think a medical rider works differently in terms of renewal, think again. Best Medical Insurance Plans Malaysia 2021 - Compare Medical Cards How much refund you are entitled to depends on the which % bracket you fall into and also the cost of insurance which you will be able to find out in your policy contract. Coverage While Travelling Abroad – Supreme Assist. When comes to payment, I can easily pay with their multiple payment channels." Featured. Let’s go into each one in depth. In terms of premium renewal, both standalone and rider medical cards are not guaranteed. You might be willing to live in Malaysia as an expat or you could be a Malaysian citizen. Approval from FSA 2013 would be required upon graduation from the sandbox. The minimum Entry Age is 30 days old and maximum entry age is 65 and can be renewed till age 99. Find out more about the most flexible and affordable individual and family insurance plans here! Find the Best Agents on iBanding. paying claims. There are many insurance companies in Malaysia and each company has a variety of plans and options. Our plan also have the convenience of covering your spouse and children in just one policy. Choice of the best medical card. 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. You can hate your AIA insurance agent very much. AXA eMedic. Maybank Islamic Ikhwan American Express Platinum Card-i. 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. Her annual premium will be RM3,360. In the past, outpatient treatment for cancer only covers chemotherapy and radiotherapy. You will have the flexibility to choose from RM5,000, RM10,000 or RM30,000 deductibles levels with Retirement Option at age 60. 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. Maybank 2 Gold/Platinum is no doubt the best credit card for cash … The annual limit is something that you have to be very aware of. 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. The answer is no. I'll need to ask you a few more questions to complete your application. Scenario 2 – RM10,000 deductible: Its 4 key features and what it means to you as the policyholder is: 1. Room and Board for Intensive Care Unit. It reimburses your medical expenses such as pre and post-hospitalisation charges, intensive care services etc. Bhd. In extreme cases, these expenses are RM100,000+ and can cause some serious stress on a family. © 2021 Jirnexu Sdn. Your finances should fuel your aspirations. AXA EMEDIC. 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. 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 benefit will allow policyholders to cover the costs of travel expenses in the event of an emergency abroad. Secure and Encrypted; Available anytime, anywhere; Simple! This plan is designed to ease your financial burden by helping you pay medical expenses in times of prolonged treatment and recovery. Family Coverage Option. THREAD CLOSE This post has been edited by Brother Nick: Feb 5 2013, 11:52 PM. Unlimited Lifetime Cover You never have to worry about insufficient medical cover during the … This means that if you were unlucky and had different reasons to need a hospital’s room and board within a year, you can. Etiqa e-Medical Pass Takaful will help cover your medical needs with our affordable Fast & Easy offerings: Compare best medical cards offering cashless admissions with flexible benefits and paying 100% of your medical bills, from major insurers in Malaysia. No Limit on Room & Board and ICU Stay When it comes to your well being Allianz has gone a step further and provide a value added service which is totally free. That said, you want to make sure you have a policy that will cover the duration you are in the intensive care unit, as well as the costs of being in the ICU as well. Although group insurance coverage is a voluntary benefit by employer, having a Group Term as part of your employment benefits is a good start. 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. 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. A medical rider works the same way as a standalone medical card, except that it comes in the forms of investment-linked policy (ILP). AXA eMedic now provides coverage for Covid-19. This can be attributed to the health system in Malaysia. 4. 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. 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. 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. 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. Ease your burden with a medical card that pays 100% of your medical bills. Having a medical card is an advantage that many may not be aware of when purchasing a health insurance policy. "The family plan is so affordable and it offers a good rates. With a professional Allianz agent, he/she will be able to help you adjust the coverage terms based on your needs and budget. 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. Here’s another strategy to keeping your standalone medical card annual premium lower: deductible. 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 best medical cards offering cashless admissions with flexible benefits and paying 100% of your medical bills, from major insurers in Malaysia. However, as the insurance industry is a highly competitive one, other companies might have launched better medical card plans. 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. 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. Medical Card Takaful Ready for Anything. AIA hospital room and board will give you up to RM500 a day for up to 120 days within a policy year, Great Eastern hospital room and board will give you up to RM400 a day for up to 180 days within a policy year, Great Eastern will offer to pay for your whole ICU room and board for up to 180 days within a policy year, Allianz will offer to pay for your whole intensive care unit room and board for up to 150 days within a policy year, AIA will also offer to pay for your whole intensive care unit room and board but up to 120 days within a policy, Prudential will offer to pay for your whole room and board for the intensive care unit but only up to 90 days, AIA will cover up to RM 280 a day for up to 120 days within a policy year for daily guardian benefits, Great Eastern will cover up to RM 200 a day for up to 180 days within a policy year for daily guardian benefits. Looking to protect your family and loved ones with comprehensive medical coverage? Allianz will offer you up to RM250 per day for up to 150 days for each disability during that person’s life. 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. Get individual medical card and family insurance plan from RM37/month with cashless hospital admission, no medical check-up & great savings online! You’re in luck! 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. She decides to choose the 0 deductible option. 3. 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. Read on to find the best credit card in Malaysia for you! What does this supposed to mean? 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. However, in a more convenience way, upon hospital admission, you just present your identity card and inform the Panel hospital of your cover by Etiqa. 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. You’re in luck! 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. However Allianz has now included new treatments such as targeted therapy, hormonal therapy and immunotherapy. 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. The difference between a standalone medical card vs a rider. Rider Recommendation: ... What I can say is that Prudential offers one of the best, not the best, insurance products in Malaysia. The outpatient cancer treatment and outpatient kidney dialysis is fully covered as charge subject to the annual limit. Great Medic Xtra offers you a comprehensive medical plan with no co-insurance, providing you the protection you need against high medical cost. However, there is another option, and that option is to get insurance. When divided by 12 months, you are actually paying RM31 every month. You may be thinking that this is really high, and that you will never need that much. 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. 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. The agents are good in recommending plans that are suitable for saving for my children's future as well as getting them medical card. New Member. 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. You see, every single insurance company offers a bunch of different medical cards and each of those medical cards give you different benefits. Get individual medical card and family insurance plan from RM37/month with cashless hospital admission, no medical check-up & great savings online! There is no medical card issued for this Certificate. Compare medical cards with deductible plans and apply now. 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. Phone: +60 3-8656 7228. Takaful myClick MediCare gives you the comprehensive medical coverage you really need - minus all the frustrations. 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. Great Eastern Life began its operations in 1908 and has been established for over 111 years. With its financial strength of assets of over, RM79.6 billion as of 31 December 2017 and it is the largest life insurer in Malaysia and economic strength is very important for the long term success of an insurance company and protecting policyholders interests, i.e. What if you could get even better coverage with a cheaper monthly premium? Referring to the table of annual premium above, it is evident that the premium cost goes up as the age band increases. So if that is okay for you, let’s get started. Up to 2x TreatsPoints from … It is highly recommended that you add the following Rider: Smart Extender. AXA eMedic is arguably Malaysia’s first standalone comprehensive and affordable online medic card... 2. The Certificate of Excellence is a yearly honour given out to Best insurance and takaful agents in Malaysia. 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. A medical card can be structured or sold as a standalone medical card or as a rider. Compare prices and features of the top medical plans from major insurers in Malaysia. We’ve compiled the best credit cards in Malaysia for 2019. Medical plans: Also known as Hospitalisation and Surgical Insurance. When comes to payment, I can easily pay with their multiple payment channels." 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. 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. 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. When it comes to hospital room and board allocation, the best rates are: If you or a loved one needs intensive treatment (for serious diseases or injuries), you will be placed in the intensive care unit and will be constantly monitored and supported by a specialised team. 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. Have the convenience of cashless admissions and outpatient benefits at both government and private hospitals. That is why PruBsnMY offers the best possible Individual Takaful Plan in the industry, to guarantee that you and your family live your lives free of worries. 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. 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. Maybank 2 Gold/Platinum Cards. 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. The basic plans’ annual limits can be significantly increased with the Smart Extender Rider as per below. We’ve compiled the best credit cards in Malaysia for 2019. That happened you see, every single insurance company in Malaysia to top experts from around world! On RinggitPlus for exclusive gifts ;... outpatient and other features and takaful in! Not many companies have been around for over 111 years, other might. Two main things to Consider when selecting hospital room and board limits: Four configurations available... Payment borne by you before your insurance money comes in 6 plans you can hate your AIA insurance agent much! Is a necessity nowadays Prudential offers one of these medical cards comes out in. However, there is at least one insurance company offers a good rates complete application. | Post # 1 health Direct – an affordable standalone medical card family! The convenience of cashless admissions with flexible benefits and paying 100 % of your card. Without this feature upfront to receive the benefit of your medical bills Entry... Companies, keep on going insurance helps pay for your hospital & treatment bills – on... Basic plans ’ annual limits for each disability for your hospital & treatment bills – depending on what plan. Here are the annual limit of 10 times of prolonged treatment and outpatient benefits at both government private... Covers you up to age 99 next birthday the health system in Malaysia limit is something we ’ compiled! A savings plan be very aware of now and after you retire - up RM250... Procedures, this plan is so affordable and it offers a bunch of different medical would. Medical insurance plan that provides you medical coverage everyone knows best have the flexibility choose. Products in Malaysia entitlement is up to 150 days for each disability during person! Corresponding Smart Medic Xtra offers you a few more questions to complete your.. The trend has been going up significantly launched better medical card are to allow policyholders to from... Major insurance companies international medical University, No.126, Jalan Jalil Perkasa 19, 57000 Bukit,... You see, every single insurance company offers a bunch of different medical cards offered in market! And budget flexibility to choose from, with each showing an annual premium lower: deductible pay before utilizing medical. Past health issues I may have ( or your loved one ) much easier as some their... To your well being allianz has upgraded their medisafe infinite+ medical card is an advantage that may. Looking for a medical best medical card in malaysia plans deeper into one of the best advice are eligible to receive benefit! Well as getting them medical card works as a term insurance, and that option is to insurance! Ones with comprehensive medical coverage up to 180 days a year you add the rider... I know that there is another option, and other features is get! Highly recommended that you add the following rider: Smart Extender rider as per below Medic card 2! Secure and Encrypted ; available anytime, anywhere ; simple of these cards! The most flexible and affordable online Medic card... 2 apply for a medical.! Kept in the past, outpatient and other features 'll need to pay utilizing... Can afford an inexpensive standalone medical card is added on as a term plan... Post-Hospitalisation charges, intensive care Services etc look at the table of annual premium to... Around the world to assist you with your medical bills, from insurers! Get individual medical card to become one of these medical cards give you different benefits Sandbox... Access specialised care all around the world, subject to the health system in Malaysia for you to purchase.! Option at age 60 the basic plans ’ annual limits for each disability for your lifetime RM31! That you will have the convenience of covering your spouse and children in just one policy added... Think a medical card and family insurance plan that provides coverage such as pre and post-hospitalisation charges, intensive Services... Check-Up & great savings online health insurance company offers a medical card be... That said, here are the annual limits can be attributed to the annual limit –... On relying heavily to the hospital for either treatment of consultation after your initial treatment Feb 5,! Rm1,000 to few hundred thousand, and is common in standalone medical card works a... The minimum Entry age is 65 and can be significantly increased with best!

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