Category Archive For "Insurance"
What Expats in Singapore Need to Know about Freelancing and Self-employment
In 2021, a staggering 13.6% of resident workers in Singapore were self-employed. This shows that it is definitely possible to begin freelancing if you have in-demand skills. It’s a bit trickier for expats, however, because you need to secure employment if you want to stay in Singapore long-term. This Pacific Prime Singapore article offers useful …
5 Best Places to Live in Malaysia
Malaysia is a popular destination for many groups of people such as expats and digital nomads, due to its low living costs and beaches. Each city’s cultural influences and experiences are unique. Malaysia has something for everyone thanks to its diversity. Malaysia is a stunning country with a rich history, diverse culture, and stunning landscapes. …
The cost of giving birth in Singapore
Are you a Singaporean resident planning on giving birth to your first child in the city-state? Or are you an expat simply in need of an update on the cost of giving birth in Singapore? If the answer is yes to either, then carry on reading as this Pacific Prime Singapore article reveals the costs …
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MediFund: A Complete Guide
Short for Medical Endowment Fund, MediFund helps finance healthcare bills for people who cannot afford medical care in Singapore. Basically, if you are eligible and approved for Medifund, they will pay for some or all of your medical bills. Read on to find out whether expats are eligible for Medifund. What is MediFund? MediFund is …
Everything You Need To Know About ElderShield Singapore
As we age, planning for our future needs is important, especially regarding our health and well-being. This is where ElderShield comes in – a long-term care insurance scheme offered in Singapore to help individuals prepare for their golden years. ElderShield is designed to provide basic financial protection to Singaporeans and permanent residents who may require …
Outpatient Health Insurance in Singapore – Explained
In Singapore, outpatient insurance typically refers to health insurance covering medical expenses incurred outside of a hospital or clinic admission. This type of insurance typically covers expenses related to consultations with doctors or specialists, diagnostic tests, prescription medications, and other outpatient services such as physiotherapy or traditional Chinese medicine. In Lion City, healthcare remains one …
What MediSave Is and How It Works
MediSave is a program in Singapore that enables individuals to allocate a portion of their earnings for covering their own or approved dependents’ medical expenses, including hospitalization, day surgeries, specific outpatient costs, and future healthcare needs during their senior years. Can Expats Use MediSave in Singapore? Expats in Singapore cannot use MediSave, because MediSave is …
What Integrated Shield Plans are and How They Work
Singapore’s healthcare system is the envy of many other countries. Here, the majority of residents have enrolled in Integrated Shield Plans, which are private health plans designed to work with and supplement the government-mandated plan, so that they can enjoy even better healthcare services. Particularly if you are an expat thinking about becoming a Singapore …
Guide to Medical Insurance in Singapore for Foreigners
Singapore has one of the best healthcare systems in the world. That said, not everyone is eligible for free or low-cost treatments at Lion City’s cutting-edge facilities, which makes it absolutely essential for expats and digital nomads to secure medical insurance in Singapore for foreigners. Singapore’s healthcare system consists of a public sector that provides …
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MediShield Life: Singapore’s Universal Healthcare Program
MediShield Life is a national health insurance scheme in Singapore that offers affordable and accessible health coverage for Singaporean citizens and permanent residents. Administered by the Central Provident Fund (CPF), it helps cover costly medical bills and selected outpatient treatments. MediShield Life replaced Singapore’s MediShield in November 2015 and provides better protection, higher payouts, and …
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