Overview
Introduction
Minimise your healthcare costs - stay healthy!
Your health is your most important asset. While you are healthy, it is easy to forget about your future health care needs. However, by not planning for your medical expenses, it may prove to be a painful and costly lesson when you need medical care.
So how can you ensure that you can meet your healthcare needs? First of all, you would need to minimise your medical costs by eating healthily and exercising regularly. Next, make sure you are financially fit! That is, to plan early to make sure that you have enough to pay for your medical expenses.
This website will give you a basic understanding of how you can finance your health care needs. The content is divided into three parts:
- Part 1 - Planning for your health care needs
Get an overview of the healthcare system in Singapore and learn how Medisave and MediShield can help you to pay for your medical expenses. Includes tips on other forms of private medical insurance.
- Part 2 - What to do when you are hospitalized
Before you check into the hospital, compare costs of the different hospitals and wards and choose the one that is most suitable for you. Understand how the different types of financing tools can help you pay for your medical expenses.
- Part 3 - Protecting yourself (financially) against severe disability
Being severely disabled can drain you and your family financially. ElderShield and other CPF insurance schemes can help you reduce the financial burden of long-term care costs, pay off the loan on your house, and help your family to tide over the initial years. Additional private insurance can also be taken up to provide extra protection above these schemes.
