MediShield Life is a basic health insurance plan that is administered by the Central Provident Fund to help pay hospital bills. Consumers can also opt to get Integrated Shield Plans, which is composed of Medishield Life and a second component that provides additional private insurance coverage for higher class wards in public and private hospitals. Higher class wards and private hospital wards can be quite pricey, and as such Integrated Shield Plans are very popular amongst Singaporeans – 68% of them have Integrated Shield Plans.

While Integrated Shield Plans are great, they nonetheless require more premiums per year and as such require careful thought before adding it on. In this article, fundMyLife lists the things to consider before getting an integrated shield plan.

#1 Personal preferences for treatment

MediShield Life provides enough coverage to take care of large hospital bills in B2 or C class wards in public hospitals. In …