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An Employee Health Benefits plan provides comprehensive medical coverage for your company. It can cover a very wide variety of medical costs: hospitalisation & surgery fees, GP visits, dentist visits, eye care visits, Critical Illness payouts, Personal Accident payouts, and more. Plans can be customised to offer a basic level of coverage, or to offer generous coverage that would rival even the most premium of private health insurance plans.
Given the high cost of healthcare in Singapore, a good Employee Health Benefits plan is a great way for businesses to attract new employees, retain existing ones, and reward them for their hard work. When designed well, Employee Health Benefits plans are a powerful way to ensure your staff do their very best, and are happy working with your company.Â
You can purchase between $2 million to $6 million coverage, per year. This coverage amount applies per person.
Base cover:
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Add-on covers:
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Pre-existing conditions can be covered! You just need to declare these pre-existing conditions when you apply for your Expat Health Insurance with us. The insurer will apply a waiting period, which basically means that there will temporarily be no coverage specifically for your pre-existing conditions, for a set period of time. Waiting periods vary, but may take around 1 year or so.
After the waiting period is over, your pre-existing conditions can then be covered!
Example 1: Cancer
Sarah is an expatriate from the UK. One day, Sarah falls very ill. Sarah visits a hospital, where she is unfortunately diagnosed with cancer. The oncologist (cancer specialist) who is treating Natalie recommends surgery to quickly remove malignant tumours, followed by 8 weeks of aggressive Chemotherapy to destroy cancerous cells. Natalie goes through the surgery, and is warded for 5 days afterwards, for medical observation.
Although the Chemotherapy treatments successfully pushed the cancer into remission, the powerful drugs have made Sarah very weak. While recuperating at home one day, Sarah accidentally slips in the kitchen, and suffers a hip fracture. Here’s how an Expat Health Insurance plan would take care of Sarah:
| Treatment | Expat Health Insurance coverage |
| Consultations with oncologist (cancer specialist) | Covered |
| Room & board while hospitalised | Covered |
| 6 weeks of Chemotherapy | Covered |
| Surgery to remove tumour | Covered under basic plan |
| Lump-sum cash payout upon cancer diagnosis | Covered under Critical Illness add-on |
| Lump-sum cash payout upon accident from fall | Covered under Personal Accident add-on |
Example 2: Chronic medical condition + stroke
Tim is a sales manager at your company. Tim has a chronic medical condition, which requires him to visit the GP every month for a regular check-up. One day, while working from home, Tim suddenly suffers a stroke. His family rushes Tim to the hospital’s A&E department. Doctors administer a blood thinner to try to clear Tim’s blood clot. He is hospitalised in the ICU for 3 weeks, for close monitoring, and is eventually discharged. Although Tim survives, he is unfortunately left permanently disabled by the stroke. Here are the costs that an Employee Health Benefits plan would cover:
Treatment | Employee Health Benefits Coverage |
GP consultation and medication | Covered under GP visits add-on |
Treatment in A&E | Covered under basic plan |
Room & board while hospitalised in ICU | Covered under basic plan |
Lump-sum payout for permanent disability due to stroke | Covered under Critical Illness add-on |
No. We accept applicants of all ages.
Yes. You can easily cover yourself, your spouse, and your children.
Yes. Families can enjoy up to a 20% discount, depending on the size of the family.
Yes, you can purchase this plan just for your children.
You can reduce your health insurance coverage at any time. However, once you file your first claim, it may not be so easy to increase your coverage. Remember that the amount of coverage you purchase needs to account for medical inflation. Medical inflation in Singapore runs about 7+% a year. At this rate, a $300,000 medical bill (quite typical for diseases like cancer) would cost almost $1.2 million in 20 years!
You should therefore consider at least $4 to $6 million in coverage. $2 million in coverage may sound like a generous amount today, but given how quickly medical costs rise each year, even $2 million coverage may not be worth in time to come.
When you speak with our experts, we’ll be happy to advise you on the best plan for your needs.
Premiums will generally start from $89/month, per person. Premiums will vary depending on the level of coverage chosen, and the average age of your employees.
