Cancer Drug List – AIA Healthshield Gold Max A

the TLDR you need.

Starting from 1st April, the Integrated Shield Plan will no longer provide ‘As-Charged’ coverage for cancer, following the Ministry of Health (MOH) policy and MediShield Life (MSL) changes.

For AIA Healthshield Gold Max A policyholders, here’s what you need to know about coverage for drugs on the cancer drug list:

For drugs on the cancer drug list:

  • With the Cancer Care Booster: 21x MediShield Life Limit (UPDATED)
  • Without the Cancer Care Booster: 5x MediShield Life Limit

For drugs NOT on the cancer drug list:

  • With the Cancer Care Booster: $200,000 per year
  • Without the Cancer Care Booster Rider: Not Covered

 

The AIA Cancer Care Booster Rider will be launched from 1st April. It is automatically added if you have the Vitalhealth/VitalCare Rider, on policy renewal.

If you do not have any rider, please note that you will have to apply for it separately. There is a window period for application without undergoing underwriting. 

More FAQ on AIA and the CDL Coverage

Conclusion: Beyond just covering for copayment, the rider is now a necessity if you want to be covered at a more relevant level. Even then, it may be prudent to consider an extra, standalone cancer rider. Do drop me a WhatsApp if you would like to find out more.

Other Insurers:

NTUC Income
Singlife

info correct as of 29th march

Important: The information and opinions in this article are for general information purposes only. They should not be relied on as professional financial advice. Readers should seek unbiased financial advice that is customised to their specific financial objectives, situations & needs. This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.

Published By:

Lim Zhiwen Yvonne

I believe that “Worrying is not planning and Hope is not a good strategy”, and that the purpose of Financial Planning is to allow us to lead fulfilling lives while being financially wise.

As such, my role as a Certified Financial Planner CFP® is to help my clients build those sound financial strategies and design action plans that put them on track to their financial goals so that they can live the best possible life for themselves.

This is done via a systematic approach of ongoing cash flow management & asset allocation, as well as investment management, estate planning, and tax optimization.

I also ascertain that I stay up-to-date with industry trends and policies changes to ensure that my clients benefit from the latest strategies and opportunities available.

Over the years, I have developed a specialty in comprehensive financial planning for busy legal professionals & educators. I also particularly like assisting working mothers & young families to achieve their long term financial goals. Working with one of the largest financial advisory (FA) firm in Singapore also frees me from product pressures and allows me to only recommend solutions that suit my client’s needs. And client’s interest, is always the core of my FA business.

Being a wealth planner is my dream career and this is what I hope to do for a long time.

Other than financial planning & investment, I love to travel, read, bake and I am an adrenaline enthusiast. I am most looking forward to the day my children join me on my adventures.

 

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