Get Covered With an Affordable Medical Insurance Plan
These days, it is important to have an insurance plan. People work hard and play hard, but AmMetLife would like to insure a sense of financial safety while you enjoy your life.
When you are buying an affordable medical insurance plan in Malaysia, make sure you know which plan suits you the best.
Which Medical Insurance Plan is Most Suitable for You?
Waiting Period - Depending on the kind of medical insurance you applied for, there are different waiting periods, especially if you have pre-existing conditions. A good estimate of the waiting time is 1 - 4 weeks depending on the information needed from you. In preparation, consider getting all the required documents in order.
Medical Conditions - When applying for medical insurance, you need to disclose your medical history. This will then contribute to what will be covered by your insurer. When selecting a medical insurance plan, it is important to consider if they cover the conditions and medications that you want.
Affordable - There are different types of premiums that you pay based on the insurance that you sign up for. A rule of thumb you can follow is making sure your premium does not exceed 10% of your total take home salary.
Deep Dive: Cancer Treatment
One in ten individuals will be given a cancer diagnosis. In Malaysia, 48,639 new cases of cancer were recorded in 2020, and by 2040, the cancer risk is predicted to double. In the absence of other causes of mortality, the lifetime risk is that a person is likely to develop cancer before the age of 75 with lung, breast, and colon cancers being the most prevalent types.
Early cancer warning symptoms frequently resemble those of other common conditions, making them simple to ignore. Extreme exhaustion, fever, and unexplained weight loss are a few typical cancer symptoms. Unaccounted weight loss is defined as a significant decrease of weight without a change in lifestyle. Usually, weight loss of 10 pounds or more should prompt a conversation with your doctor.
A genomic test takes a more thorough look at your genome, which is your complete collection of genetic "code" or instructions. Your cancer is examined for genetic variations to see how it might behave. Your doctor may be able to determine from a genetic test how quickly your cancer is expected to grow and how likely it is to spread.
This test can tell your doctor whether your cancer is more likely to be aggressive and spread quickly or grow slowly by analysing your DNA. With this information, your doctor can make the best treatment plan for you.
Why Should You Get Insured Today?
Malaysia’s medical inflation rate is 12%, which is six times higher than the annual general inflation rate according to Aon’s 2022 Global Medical Trend Rates report. The pandemic aided this acceleration due to significant instability in healthcare spending and utilisation. With the current uncertainty of the COVID-19 variant, the medical inflation rate could hasten by the upcoming half of 2023. Healthcare costs would be increased and affect huge numbers of Malaysians that depend on the public healthcare sector. To protect your future from being robbed by medical debts, you should subscribe to a medical insurance plan today.
