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Anonymous

19 Mar 2022

Insurance

How much does health insurance cost per employee for a young startup?

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Rates:

If you’re in Singapore, employee health insurance rates start from as low as $16/month, per employee.

Base cover:

  • Hospitalisation and Surgery costs (i.e. inpatient costs): Pays for hospitalisation and surgery costs – e.g. due to illnesses like cancer, treatment following an accident, etc.

Add-on covers:

  • Outpatient GP visits: Pays for GP costs for flu, cold, etc.
  • Outpatient Specialist visits: Pays for Specialist costs for consultation, medication, MRIs, etc.
  • TCM visits: Pays for TCM treatment.
  • Dentist visits: Pays for basic dental work like cavity filling, scaling, polishing, etc.
  • Eye Care visits: Pays for optician consultation, and new glasses when required.
  • Group Life Insurance: Life insurance offered at discounted rates.
  • Group Personal Accident payout: Lump-sum cash payout after an accident.
  • Group Critical Illness: Lump-sum cash payout if diagnosed with specified critical illness, e.g. cancer.

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