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I have received a notification from GE saying that the Great TotalHealth will be automatically changed to Great TotalCare and that from the new renewal date onwards, my deductibles and co-insurance will now be subjected to 5% co-payment. I used to pay for riders that cover this option but it seems like there is not such option that will cover 100% of deductibles even though I am a existing since Y2015. It seems like this change is coming out from MOH. I will like to know if other insurers such as Prudential, AIA, AXA etc are also likewise having such changes? Is there anyway to continue with the old plans?
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YuJie Tay
16 Aug 2021
Financial Adviser at PIAS
As far as i know, this is an industry-wide transition. There are some old policies that are exempted in other companies, but usually with additional T&Cs added to it. You can't continue with the old plan but you should be receving some kind of premium reduction on your rider.
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Hi Jerry, here is a report from the Straits Times for your reference. https://www.straitstimes.com/singapore/health/m...