Whether you are a working adult or just started working in Singapore, you’re likely juggling with numerous responsibilities and financial commitments. From building your career to planning for the future, it’s easy to overlook the importance of comprehensive health insurance.
Unexpected medical expenses can quickly derail your financial plans and leave you financially stressed. That’s where Raffles Shield comes in – a Integrated Shield plan (IP) tailored to meet your needs.
1. Extensive Hospitalisation Coverage
Let’s face it – private health insurance plans can be expensive, especially when you’re just starting out in your career. Raffles Shield offers a comprehensive hospitalisation coverage:
- Up to 95% coverage of hospitalisation bills
- High policy limit of up to S$1.5 million per year
- Includes options and riders to enhance your coverage based on your budget and needs
Private health insurance plans can be quite expensive for those who just started their first job or juggling with older parents or young children. What other options do we have then? Let’s take a look at point 2.
2. Option to Include Private Healthcare at a Lower Cost
Raffles Shield offers a solution with its Raffles Hospital (RH) Option*, providing substantial coverage without the hefty price tag.
What is Raffles Shield A + Raffles Hospital (RH) Option*?
Raffles Shield A+ RH Option is a unique plan that allows you to gain access to not only all Government Hospitals, but also to Raffles Hospital which is a private hospital in Singapore.
Raffles Shield A + RH Option Benefits:
- Up to 95% coverage of hospitalisation bills with Key Rider
- Option to access private hospital quality care at Raffles Hospital
- High policy limit of up to S$600,000 per year
- More affordable than full private plans
This makes it an attractive option for those who want quality healthcare without the premium price tag of typical private hospital plans, especially those on a budget.
* Applicable for Raffles Shield A plan only
3. Comprehensive Pre- and Post- Hospitalisation Coverage
Health issues don’t always neatly fit into a hospital stay. Raffles Shield recognises this by offering:
- Pre-hospitalisation coverage for up to 180 days
- Post-hospitalisation coverage for up to 365 days
This extensive coverage ensures that you’re protected not just during your hospital stay, but also for consultations, blood tests, and treatments before and after hospitalisation. It’s a comprehensive approach that takes the worry out of the additional medical expenses.
4. Flexible Riders for Enhanced Protection
One size doesn’t fit all when it comes to health insurance. Raffles Shield offers a range of riders that allow you to customise your coverage according to your needs:
a) Key Rider
- Replaces the deductible and co-insurance with a 5% co-payment
- Caps your out-of-pocket expenses, making bills more predictable
b) Premier Rider
- Covers accommodation for immediate family members during hospitalisation
- Includes coverage for post-hospitalisation Traditional Chinese Medicine treatments, post-hospitalisation home care, emergency outpatient treatment due to accident and ambulance services
c) Raffles Cancer Guard Rider
- Provides enhanced financial protection against cancer drug treatments and cancer drug services
- Include treatments on cancer drug list (up to 18 times the MediShield Life Limit per month), in addition to your base plan coverage
- Include non-cancer drug list with up to $250,000 annual limit
- Include TCM cancer treatment of up to $100,000 annual limit
These riders allow you to tailor your coverage to your specific needs and budget, ensuring you’re not paying for more than you need while still having comprehensive protection.
5. Coverage for Certain Chronic Conditions*
In Singapore, it’s not uncommon to develop chronic conditions like diabetes, hypertension, and high cholesterol. This is why we create the Raffles Care Management Programmes (RCMP) for those with these chronic conditions to help manage their health and retain their coverage.
Raffles Care Management Programmes:
- Retain your Integrated Shield Plan coverage for any of the three chronic conditions*
- Partners you with medical doctors to manage your health
This proactive approach to health management is especially valuable for young adults, helping you maintain your health and coverage in the long run.
*Applicable only to Diabetes, Hypertension and High Cholesterol. Subject to underwriting and/or loading may apply accordingly.
6. Integration with MediShield Life
Raffles Shield doesn’t replace your MediShield Life – it complements it. As an Integrated Shield Plan, it works alongside the national insurance scheme to provide:
- Enhanced coverage beyond MediShield Life limits
- Choice to choose both public and private healthcare protection*
This integration ensures you’re protected against unexpected medical bills. More doesn’t mean good. Always choose the IP that suits your current lifestyle and budget, while avoiding overpaying for your health insurance.
* Note that the coverage depends on the type of IP Plans. Pro-ration factors will apply accordingly.
7. Future-Proofing Your Health Insurance
While it’s easy to feel invincible in your 20s and 30s, securing health insurance early has significant benefits:
- Lower premiums when you start young
- Receive necessary coverage without exclusions as you are generally healthy
- Coverage for unexpected health issues that may arise
- Peace of mind as you focus on your career and personal goals
Conclusion
Raffles Shield, particularly with the RH Option, offers a unique choice for young adults and those seeking for affordability. It provides comprehensive coverage, flexibility, and affordability – all crucial factors for those just starting their professional journey.
As a health insurance provider, Raffles Health Insurance is keen to promote healthy lifestyles and provide comprehensive health coverage for you and your loved ones.
You can also check out our other health blog articles here!
This article was originally published on 8th August 2025.
