A health insurance policy (for example, your integrated-shield plan and MediShield Life) covers expenses directly related to hospitalisation and/or surgeries. Depending on your policy, pre and post-hospitalisation expenses may also be covered. However, any other expenses not related to hospitalisation and/or surgeries are not covered. For example,
01. You wish to take a break from work and focus on recovery at home. Depending on the severity of your condition, the recovery period may take 2 to 5 years. Meanwhile, you will still be incurring daily living expenses which are not covered by your health insurance policy:
You can use your savings during this period of time;
Alternatively, if you have a critical illness policy, you can file a claim for a lump sum payout;
02. You wish to seek alternative treatments outside of the hospital. For example, you want to consider traditional chinese medicine or go overseas for experimental treatments: