In modern era, medical cost is very high. Medical expenses is rising and it make sense that many of us get problem when get sick. Most of us prefer government hospital instead of private hospital. Government hospital has limited expert and the increase of patient will make us wait and queue to get medical treatment. It is make danger especially for critical or emergency sickness.
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That’s the problem that we must avoid. Private hospital is an alternative for us but their costing is very high. To pay cash for their medical treatment fee is impossible. Medical card is an alternative way to settle your private medical bills. Modern medical card not only covered medical bill, it also have with life protection. This is good if something bad happen to you but if your life is safe, you will be paid for your saving or retirement fund.
Most of private hospital accepts the medical card because they can claim more at the provider. That’s the important for us who don’t have big cash. Just show them your medical card and you will need to paid small amount from the bill.
Read this tips what we must know before apply for medical card
Exclusions
Many medical card do not pay for many chronic diseases in the first year and many cards do not pay for pre-existing medical conditions. Most cards only provide in-patient services and exclude outpatient services.
Guaranteed Renewal
Some medical card are yearly renewable (that means renewal is subject to the approval of the insurance company), while others normally offer guaranteed renewal up to a lifetime limit.
Co-Insurance
Some medical card also practice co-insurance, meaning that you’ll have to pay a certain amount of the medical fees, normally at 10% – 20% of the total medical fees incurred, while the balance will be paid by the insurance company.
Cashless
There are also some medical card which are cashless medical card. As a policyholder of this kind of cashless , just present the medical card at any participating hospital to facilitate your hospital admission. You do not need to worry about preparing and submitting claims as all expenses under the medical card will be paid directly to the hospitals. However, this kind of medical cards are becoming less available due to misuse and very high claim rate. Some insurance companies require you to pay first and then file claims for certain hospital admissions.
Participating Hospitals
Depending on the insurance companies, the number of participating hospitals varies. Choosing a medical card with more participating hospitals benefits you better, as you will have more choices in time of emergency.
(Reference : Malaysian Health Insurances )
p/s :- Not all private hospital accept medical card, but most of popular private hospital accept it.
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