I last wrote about it here about how my insurance helped me pay for my day surgery and I didn't need to pay a single cent for it.
I was re-reading what I wrote and felt the need to clarify my position.
I had Integrated Shield Plan with a rider that allowed me to have all my medical expenses paid for by the policy.
Insurance used to be a very foreign subject for me. I deemed it too complex, not very applicable to me and not too concerned about it.
Integrated Shield Plan
This is basically Private insurance plans for Hospitalisation. Such plans are "integrated" because it consists of the public portion (MediShield/MediShield Life) and the private portion (AIA/Aviva/GE/NTUC/Prudential).
Then what?
The MediShield portion is payable via our CPF Medisave account. Those who bought the ISP will have the top up the private portion using cash.
1 November 2015 is ......