We take a look at the most popular medical cards in Malaysia and try to assist you in deciding which gives you the best value. Looking for a credit card that best suits your spending style? In extreme cases, these expenses are RM100,000+ and can cause some serious stress on a family. Compare prices and features of the top medical plans from major insurers in Malaysia. Family Coverage Option. Claim history(s) – how much claims have you made and how frequent that happened? Open WhatsApp now. With a professional Allianz agent, he/she will be able to help you adjust the coverage terms based on your needs and budget. paying claims. You might be willing to live in Malaysia as an expat or you could be a Malaysian citizen. ManuHealth Elite. Here, you can find instant quotes to some of the best medical cards offered in the market. My medical card will cover all possible health issues I may have. Either case, you should make an educated choice on what health insurance would be used to provide medical protection to you as well as to your family members. As such, Allianz Life Insurance Malaysia Berhad (“Allianz Life”) understands the significance of creating awareness on the importance of having a medical card to both its customers and the general public alike. It means that getting a fever diagnosis with medicines and medical certificate at a private clinic can easily cost you more than RM100 per visit. Let’s assume Ann from our earlier example goes for scenario 2 and she’s never made any claims, she will be looking at approximately RM141.82 refund which will credited into her account value, where she can either withdraw the money to use in her day to day life or she can leave it in the policy and allow it to grow for her. In Malaysia, most medical and health plans are sold with investment-linked insurance products, so it’s easy to mix up your medical card with other insurance policies. It really depends on how you look at it, but from what I know, Great Eastern Malaysia’s Smart Medic, which is offered as a rider under their various investment-linked plan is currently the medical card that offers the highest annual limit and lifetime limit in Malaysia. If you want to pay lower premiums, you should go for a higher deductible medical card. However, as the insurance industry is a highly competitive one, other companies might have launched better medical card plans. If your purpose is to get covered for health only and want to save money on premiums, a standalone medical card is the right way to go. In other words, it would be to get a medical card. The different Room and Board limits are to allow policyholders to choose a plan suitable for their room preference and budget. Featured. AXA eMedic. By AXA. Back To Beginning of Allianz MediSafe Infinite+, What makes Allianz Medisafe Infinite+ unique is 5 main things: deductibles, no claim refunds, new cancer treatment options, the ability to customise your plan and allows for global expert medical opinion. Comparing the Medical Card from 3 Major Insurance Companies. 2. Before we go into what to look for in determining the best medical insurance in malaysia, let’s be clear on what the top 4 options are for most people (which doesn’t mean it will be the best for you). All rights reserved. When comes to payment, I can easily pay with their multiple payment channels." If you or a loved one requires a nursing home or home care due to some disability / condition, your policy may cover you to be admitted to it up to a certain amount of days. It’s when your insurance helps pay for your hospital & treatment bills – depending on what your plan covers. If you’re looking for Covid-19 coverage, look no further than AXA eMedic, one of the best online medical cards in Malaysia. So long as you get admitted to a hospital before your consultation time is up, your medical card will cover you for all the different visits. Well with Allianz, you can. The annual limit is something that you have to be very aware of. To make it easier for you, we’ve created a table of content: Since Malaysia does not have the most extensive health care covered by the government (unlike most western countries), we are required to take care of our own medical expenses. Now that you have a a general overview of some of the most important benefits with medical cards, you can see how complicated it can be. Find out more about the most flexible and affordable individual and family insurance plans here! The first one is how much it will cover you for (which ultimately allows to pay for a type of room (shared with 8 others or a private suite) and how many days it will cover you for. She decides to choose the RM10,000 deductible option. Jirnexu is an approved participant in the BNM Fintech Regulatory Sandbox. It can be as low as RM 60 per night (if you are okay sharing the room with 3 other people) to as high as RM 900 per night (if you are staying in a suite). It reimburses your medical expenses such as pre and post-hospitalisation charges, intensive care services etc. Not cause you frustrations. You can turn to your employment benefits. Have the convenience of cashless admissions and outpatient benefits at both government and private hospitals. You will get access to top experts from around the world to assist you with your medical decision making. Medical Card Takaful Ready for Anything. Although we cannot cover every single benefit, here are the most common benefits that you should consider when deciding what medical card to get. Our plan also have the convenience of covering your spouse and children in just one policy. We hope that you never will need to use it ever (because you’re always healthy), but if we’re talking about the rest of your life, we don’t know what will happen to the cost of medical insurance in Malaysia. ILP has a base plan, which is life insurance, and a savings plan. However Allianz has now included new treatments such as targeted therapy, hormonal therapy and immunotherapy. The Article. If you or a loved one is admitted to the hospital, the hospital room and board will be used to pay for your accommodation. Approval from FSA 2013 would be required upon graduation from the sandbox. The agents are good in recommending plans that are suitable for saving for my children's future as well as getting them medical card. © 2021 Jirnexu Sdn. The benefit will allow policyholders to cover the costs of travel expenses in the event of an emergency abroad. To make it easier for you, we’ve created a quick navigation for Allianz MediSafe Infinite Plus: Allianz Medisafe Infinite Plus now offers you up to RM2,500,000 as an annual limit. Looking for a credit card that best suits your spending style? The insurance company will look at many factors, including but not limited to your: Let’s say you have made multiple claims in a year due to same illness until your annual limit is exhausted, the insurance company will increase your annual premium for the next policy year for the risks you have transferred to them. What does this supposed to mean? You’re in luck! So if that is okay for you, let’s get started. BEST MEDICAL CARDS IN MALAYSIA Don't let expensive hospital fees stop you from receiving the medical treatment you deserve. In the past, outpatient treatment for cancer only covers chemotherapy and radiotherapy. Allianz has given you the option to determine your own coverage term, starting with a minimum of 20 years or until you are 100 years old. There are two main things to consider when selecting hospital room & board. Age – the older you are, the more expensive it gets to insure you. However, in a more convenience way, upon hospital admission, you just present your identity card and inform the Panel hospital of your cover by Etiqa. Let us take a look at the table of annual premium of a Standalone Medical Card X below. Or if you want to dig deeper into one of these companies, keep on going! This will make accommodating you (or your loved one) much easier as some of their expenses will be covered. e-Medical Pass Benefits Cashless Hospital Admission Guarantee Letters provided with just one phone call to our 24/7 hotline so that you can be admitted to hospital without payment. That said, here are the annual limits for each of these medical cards. Although group insurance coverage is a voluntary benefit by employer, having a Group Term as part of your employment benefits is a good start. 4. The most important highlight that differentiates a Standalone from Medical Rider is the premium cost; Standalone medical card is way cheaper compared to a rider for several reasons: Choosing the right medical card for yourself and/or family members requires a strategic financial planning. Medic Plus supplements your hospitalization and surgical insurance, with renewal guaranteed after 12 months without a claim. This is the type of medical coverage everyone knows best. To fully illustrate how deductibles can benefit you let’s look at the following scenarios: Ann is a healthy 30 year old female that does not smoke and currently working as an external auditor with one of the Big 4 firms. How much refund you are entitled to depends on the which % bracket you fall into and also the cost of insurance which you will be able to find out in your policy contract. Great Medic Xtra offers you a comprehensive medical plan with no co-insurance, providing you the protection you need against high medical cost. There is no medical card issued for this Certificate. "The family plan is so affordable and it offers a good rates. Worldwide coverage; Access specialised care all around the world, subject to the reasonable and customary charges in Malaysia. That is why PruBsnMY offers the best possible Individual Takaful Plan in the industry, to guarantee that you and your family live your lives free of worries. No waiting period for confirmed diagnosis. A medical card can be structured or sold as a standalone medical card or as a rider. Malaysia Medical Insurance will offer the best health insurance with medical card for cashless admission. Having a medical card means all my medical treatment costs are paid for. The Best Medical Card In Malaysia, "No Lifetime Limit " views TS Brother Nick: Mar 20 2010, 04:41 PM, updated 8y ago. Not only you have saved yourself from digging deeper into your own savings, but also applying for a personal loan with high interest rate. So whether you’re looking for a rewards credit card, petrol, cashback, Islamic or even a basic credit card – we’ve sorted it all out for you. List of top 10 best medical schools in Malaysia ! That is why we decided to not only help you FIND the best medical card for YOU, but we also want to help you UNDERSTAND what to look for in a medical card. It is easy to get lost in the avalanche of information and opinions from your life planner, your family and your friends, making it even harder to decide on what’s best. The basic plans’ annual limits can be significantly increased with the Smart Extender Rider as per below. and Prudential will not provide any daily guardian benefits, Prudential comes out as number one as it has no limits, Great Eastern’s highest annual limit is RM 2,000,000, Allianz’s MediSafe Infinite Plus’ highest annual limit is RM 2,500,000, AIA’s highest annual limit is RM 1,500,000, Allianz will give up to 90 days for pre-hospitalisation consultation and tests, AAI, Great Eastern and Prudential all give up to 60 days for pre-hospitalisation consultation and tests, Great Eastern leads this one by offering up to 180 days for post hospitalisation treatment, AIA offers 120 days for post hospitalisation treatment, Prudential offers 90 days for post hospitalisation treatment, Allianz offers 90 days for post hospitalisation treatment, Prudential will offer to pay as much as it costs for up to 180 days (ie there is no limit with Prudential home nursing care), Allianz will pay as much as it costs for up to 180 days for home nursing care, AIA will pay up to RM 10,000 for up to 180 days, Great Eastern will not pay for any home nursing care. AXA eMedic is arguably Malaysia’s first standalone comprehensive and affordable online medic card... 2. Etiqa e-Medical Pass Takaful will help cover your medical needs with our affordable Fast & Easy offerings: Find the right medical card based on annual limit, lifetime limit, and other features. 4 Comprehensive and Affordable Malaysian E-Medic Cards to Consider Today 1. Although the home nursing care will not last for long, this benefit is meant to give your family a chance to arrange for longer term options, whether that is having someone stay home to take care of the loved one, or to find someone who can take care of he loved one. It’s important to keep yourself protected. We often read and hear about the importance of having a health insurance coverage, backed by the fact that the cost of a medical treatment has been on the rise over the years. Like it or not, a medical card can either be the reason you are constantly worried in the future, or the reason why you will never worry about the what ifs. There is no lifetime limit on the outpatient treatments for both cancer and kidney dialysis, and this would allow a policyholder to enjoy peace of mind when it comes to medical bills should one have to undergo such treatment. However, you must always prepare a sum of money upfront to receive the benefit of your medical card. Phone: +60 3-8656 7228. With Allianz MediSafe+ you will also gain access to genomic testing for cancer which will provide information about your specific cancer and help doctors identify treatments that are most suitable for you. The best part about this cash-over-cover insurance plan is it is much more affordable than a rider medical card because it is a pure medical insurance plan. This means that if you were unlucky and had different reasons to need a hospital’s room and board within a year, you can. The outpatient cancer treatment and outpatient kidney dialysis is fully covered as charge subject to the annual limit. To increase the policy coverage in health insurance, a medical card is added on as a rider. I know that there is at least one insurance company which offers a medical card without this feature. You can also buy an ILP such as whole life insurance to get a comprehensive insurance coverage in a single premium, with a medical rider add-on. International Medical University, No.126, Jalan Jalil Perkasa 19, 57000 Bukit Jalil, Wilayah Persekutuan Kuala Lumpur, Malaysia. This is more than what you will need today and will still be reliable for you in 20 years even with the average cost for cancer projecting to be RM121,000 – RM2,000,000. Her annual premium will be RM2,400. These expenses can be claimed under the post-hospitalisation treatment so long as the reason you are going back is still related to your initial illness that required you to go to the hospital in the first place. Deductible amount ranges from as low as RM1,000 to few hundred thousand, and is common in standalone medical card policies. The difference between a standalone medical card vs a rider. If you or a loved one needs intensive treatment (for serious … Maybank Islamic Ikhwan American Express Platinum Card-i. To simplify application procedures, this plan is available for you to purchase online. What if you don’t even have a personal medical card with zero deductible? Read on to find the best credit card in Malaysia for you! This way, you can afford an inexpensive standalone medical card with high deductible as your first personal medical insurance plan. You can hate your AIA insurance agent very much. Choice of the best medical card. Let’s go into each one in depth. These 4 medical cards would most likely be ideal for the average person who is young and healthy. Show posts by this member only | Post #1. by Shirleen Tan In terms of premium renewal, both standalone and rider medical cards are not guaranteed. No Limit on Room & Board and ICU Stay Especially with all the noise from all these people who just want you to buy something from them. However, there is another option, and that option is to get insurance. New Member. Best Deductible Medical Cards in Malaysia 2021 Need a second medical card with lower premiums? There are many insurance companies in Malaysia and each company has a variety of plans and options. What it means by “non-guaranteed” is because of medical inflation and other lifestyle and health factors, an insurance company may or may not renew your health insurance plan. It really depends on how you look at it, but from what I know, Great Eastern Malaysia’s Smart Medic, which is offered as a rider under their various investment-linked plan is currently the medical card that offers the highest annual limit and lifetime limit in Malaysia. Moreover, this is by no means an extensive list and there are many terms and conditions that would really matter when you are choosing a medical card. This plan is designed to ease your financial burden by helping you pay medical expenses in times of prolonged treatment and recovery. Secure and Encrypted; Available anytime, anywhere; Simple! Compare best medical cards offering cashless admissions with flexible benefits and paying 100% of your medical bills, from major insurers in Malaysia. Get individual medical card and family insurance plan from RM37/month with cashless hospital admission, no medical check-up & great savings online! It’s vital to have a medical plan even if you have coverage under your employment, especially when medical costs tend to rise each year. She decides to get a Plan 300 and a coverage up to 80 years old. When divided by 12 months, you are actually paying RM31 every month. Medical plans: Also known as Hospitalisation and Surgical Insurance. Rider Recommendation: The answer is no. Enjoy uninterrupted access to medical care now and after you retire - up to 85 years old. We have also compared the top 4 medical cards in each of these criteria for you to have an idea as to what you can get. Let’s say you have an ILP with medical card rider of RM3,000 per year, this means that for every month, your premium payment is RM250. A deductible is the upfront cash payment borne by you before your insurance money comes in. A standalone medical card works as a term insurance, the coverage is activated every year as long as you pay the premium. If, at the point of buying this medical card, you are an individual aged between 18 to 35 years, your annual premium starts from as low as RM372.06 (Plan 1). You will now be able to enjoy a No Claim Refund of up to 20% of your medical card’s cost of insurance for the preceding policy year if no claim has been made/paid. Customisable room and board limits: Four configurations are available:*. Allianz hospital room and board will give you up to RM250 a day for up to 150 days for each disability for your lifetime. Malaysia Medical Insurance will offer the best health insurance with medical card for cashless admission HOME CONTACT US TESTIMONIALS TERMS OF USE +6012 3737601 +603 8082 6098 Compare medical cards with deductible plans and apply now. When comes to payment, I can easily pay with their multiple payment channels." While you are travelling abroad for a period not exceeding 120 consecutive days, you have benefits of emergency medical evacuation and repatriation of up to RM500,000. 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