Hi there!
In a broad overview, Raffles Shield and AIG PROHealth, both provide health insurance coverage, for inpatient treatment at a hospital. There are differences in the design of the plan, as well as the scope of coverage.
Raffles Shield was launched to be an alternative provider for health insurance in Singapore, which works in tandem with the government's Medishield Life, to provide more comprehensive medical insurance coverage. AIG PROHealth, was designed for working professionals, who might constantly be domiciled in different locales around the world.
Should you be hospitalised in your host country, there is a panel of hospitals in which your AIG policy can be utilised. Depending on the plan your have chosen from AIG, it might range from a cashless experience or a simple co-payment. Raffles Shield offers overseas coverage as well, however the scope is limited to emergency treatments in a hospital in the host country. Payment is reimbursement-based, so you are required to foot the bill first, should you be hospitalised overseas.
The main consideration should you require a local intergrated shield plan, is whether you forsee yourself living and working in Singapore for an extended period of time. In terms of cost, Raffles Shield is definitely more affordable compared to AIG PROHealth, however that being said, the scope of coverage is also different.
To make an accurate assessment for yourself, you will need to forecast your plans, and assess what you need for yourself for the near future. Should you need more information regarding an integrated shield plan, feel free to reach out for a consult.
I do hope i was able to address your queries!
Have a great weekend!
Hi there!
In a broad overview, Raffles Shield and AIG PROHealth, both provide health insurance coverage, for inpatient treatment at a hospital. There are differences in the design of the plan, as well as the scope of coverage.
Raffles Shield was launched to be an alternative provider for health insurance in Singapore, which works in tandem with the government's Medishield Life, to provide more comprehensive medical insurance coverage. AIG PROHealth, was designed for working professionals, who might constantly be domiciled in different locales around the world.
Should you be hospitalised in your host country, there is a panel of hospitals in which your AIG policy can be utilised. Depending on the plan your have chosen from AIG, it might range from a cashless experience or a simple co-payment. Raffles Shield offers overseas coverage as well, however the scope is limited to emergency treatments in a hospital in the host country. Payment is reimbursement-based, so you are required to foot the bill first, should you be hospitalised overseas.
The main consideration should you require a local intergrated shield plan, is whether you forsee yourself living and working in Singapore for an extended period of time. In terms of cost, Raffles Shield is definitely more affordable compared to AIG PROHealth, however that being said, the scope of coverage is also different.
To make an accurate assessment for yourself, you will need to forecast your plans, and assess what you need for yourself for the near future. Should you need more information regarding an integrated shield plan, feel free to reach out for a consult.
I do hope i was able to address your queries!
Have a great weekend!