This is a thorny issue among everyone, especially so when you just graduated and started working. Turning independence means you will have to consider the expense that you will incur and health related expenses are the biggest worry.

The scariest part is not the hospital but the bill!

Medishield Life is a great plan to allay concerns about hospitalization fees and can also cover some outpatient treatment like chemotherapy and dialysis. However, they only cover B2 (6 bedder) and C (8 bedder) wards in government hospitals. For full coverage on A (1 bedder) and B1 (4 bedder) ward in government hospitals and also all other private hospitals, you will need the Riders program. For youngsters, I would also recommend upgrading to a Riders program which means one will pay nothing for private hospitalization bills. It will cover all deductible and co-insurance portion as Medishield Life does not cover those charges. As you grow older ...