What is your answer to the question I pose to you in the title? It is the one burning question (pun intended) a person should ask him/herself before committing to a Shield policy.

Does this mean I am against hospitalisation Shield policies? If you have been following my blog from my regrettable experience with my dad to the example of our Health Minister’s surgery, it is clear that I am a strong proponent of such medical insurance. So what do I mean by “burning $30,000 on medical insurance”?

There are currently five insurers who provide integrated Medishield “Shield policies”. If a 25-year-old person is going to purchase a Shield policy for private ward coverage until he is 90, he can stand to pay as much as $30,000 more than he should over the years. It is worth noting that most of such policies command this high premium.

What does this …