facebookFor someone in their twenties in good health, is it worth it to pay more premiums for a private hospital plan, as compared to a restructured hospital class A plan, and upgrade’ later? - Seedly

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Anonymous

27 Apr 2020

Random

For someone in their twenties in good health, is it worth it to pay more premiums for a private hospital plan, as compared to a restructured hospital class A plan, and upgrade’ later?

Discussion (5)

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Colin Lim

26 Apr 2020

Financial Services Consultant at Colin Lim

People in their twenties should consider private hospital plan even more...you are at the peak of earning more money...you want recover fast and get back to your life....

advantage of private hospital plan is cut short waiting time. comfortable room. priority is always you...

if u are under restructure hospital plan, and wish to upgrade to private hospital plan....u must not have pre existing conditions. If not either exclusions or decline.

hope my layman explanation helps.

#planwithcolin

Lee Gek Lan

26 Apr 2020

Financial Consultant at Income

Its better to get a plan that you can afford to sustain the premium. its better to buy a plan that you can afford, and downgrade later. because health insurance is subject to health underwriting, to upgrade later on, you need to be in good health condition to maximise your coverage protection

Loh Tat Tian

06 Dec 2018

Founder at PolicyWoke (We Buy Insurance Policies)

I would encourage all to upgrade to private hospital plan first because of the following reasons

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