These 2 months, the topic of discussion either center around giving us back our CPF or on the changes to our baseline hospital and surgical scheme, Medishield. I thought I will collect my thoughts here.

I will explain what I understand about the current Medishield system, the propose changes, how it impacts me as a case study and some major worries of mine.

My understanding of Medishield

The most critical insurance that one should be covered is not what the agents sell to you to earn the most commissions, which is Endowment policies, or Whole Life Insurance policies. It is your hospital and surgical (H&S) plans.

The hospital and surgical plans covers a person should they be hospitalized for a duration and need to perform an operation, or certain outpatient treatment.

Out of all the insurance this tends to be the one that you stand the highest probability to claim.

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