Which Health Insurance Plan is Right For Me?

By Contributing Author, 19 April 2016 956

Insurance is a fairly complex topic to understand, especially without the help of a professional financial planner. There are numerous types of insurance for various needs, but the basis of each is always protection. 

If you’re not sure where to begin, health insurance is a basic start. A health insurance policy insures you for medical and surgical expenses in the unfortunate event of hospitalisation. Health insurance in Singapore is thus essential for every person because the last thing you want is to add financial worry in the midst of a medical emergency.

Here’s a quick look at some of the health insurance plans we have at NTUC Income:

Enhanced IncomeShield

As its name suggests, Enhanced IncomeShield is an improved version of our original IncomeShield, which is a Medisave-approved Integrated Shield Plan that provides additional protection on top of Singapore’s national health scheme, MediShield Life. As comfort is important in the recovery process, Enhanced IncomeShield now gives you the luxury of choice in which class of ward you wish for your stay. This plan also includes emergency overseas treatment in addition to the 100-day pre- and post-hospitalisation coverage for eligible medical treatments. For added peace of mind, you can also choose to add on riders that help to keep your out-of-pocket expenses on hospital bills as low as possible.

Co-Pay Assist Plan

This is a group insurance policy for public officers who are covered under the Comprehensive Co-payment Scheme. It reduces the amount that an individual and their dependants have to pay for approved medical bills. These include in- and outpatient treatments and medical expenses incurred while working overseas. 

As much as we’d like to have a positive outlook on life, we never know when tragedy may strike so it’s best to always be insured against the worst. These are some of the health insurance plans that provide long-term coverage in the event of severe disability:


Intended for individuals who need long-term care due to severe disability, this scheme provides a monthly payout of up to $400 for a period of up to 72 months for those deemed severely disabled.


This plan complements ElderShield with a comprehensive suite of enhanced benefits for the severely disabled. It offers a higher monthly benefit and the payouts are for life. 


Short for Interim Disability Assistance Programme for the Elderly, IDAPE provides monthly cash payouts to those who are not eligible to be insured under ElderShield due to age or existing disabilities. These cash benefits depend on the individual’s household monthly income and can stretch across a maximum period of 72 months.

CareShield Life

An enhanced version of the ElderShield Scheme, CareShield Life is intended to provide better protection for those from age 30 against the uncertainty of long-term care costs by offering higher payouts that increase over time, till age 67 or until a claim is made, whichever is earlier. If you are assessed to be severely disabled, you will receive payouts for as long as you remain so.

Care Secure

Designed to enhance your CareShield Life coverage, Care Secure helps you to achieve greater health security by supplementing your monthly disability benefits for life in the event that you become moderately or severely disabled. It also provides comprehensive benefits such as support benefit, dependant benefit and death benefit.

Ready to get health insurance? Or need more help?

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Important Notes:
This article is meant purely for informational purposes and should not be relied upon as financial advice. The precise terms, conditions and exclusions of any Income products mentioned are specified in their respective policy contracts. For customised advice to suit your specific needs, consult an Income insurance advisor.