Two days ago I wrote about Medishield Life and how it is a definite improvement over the current Medishield scheme. I also noted that while comprehensive, there are still certain aspects of hospitalisation and healthcare that is left exposed.

Private Integrated Shield

To ‘enhance’ our Medishield Life coverage, we turn to the Private Integrated Shield. It is important to note that while Medishield Life is a CPF Board administered scheme, the Private Integrated Shield is underwritten by private insurers. The premiums from both schemes are deductable from Medisave.

To begin with, let us examine some common misconceptions about the PIS.

1. Medishield Life will cover all my hospitalisation expenses, I do not need Private Integrated Shield
2. Private Integrated Shield is duplicate coverage. I will end up paying double for Medishield Life and Private Integrated Shield
3. I will not benefit from Medishield Life if I buy Private Integrated Shield

Firstly, as explained ...