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I want to get the Standard Integrated Shield Plan (IP) but my insurer’s premiums are higher than other insurers. Should I switch to a Standard IP under another insurer?
moh
If you switch to a Standard Integrated Shield Plan (IP) with another insurer, your original IP under your original insurer will be automatically terminated.
You will also need to undergo underwriting when you switch to the plan under the new insurer. As such, you may lose coverage for existing medical conditions covered by your original plan, and may not be able to re-apply for your original coverage later. Regardless of any changes in your IP, you will remain continuously covered by MediShield Life without any exclusions.
Please speak to your financial advisor to find out more about the implications of switching insurers before making your decision. Please also highlight any medical conditions you have to your financial advisor.
This information provided here is sourced from the MOH website.
Related Questions
If I downgrade to a lower coverage Integrated Shield Plan (IP) or to MediShield Life, or switch to an IP with another insurer, will I need to go through health assessment/ underwriting again?
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