Great Eastern has unveiled a new Integrated Shield Plan (IP) designed for budget-conscious consumers, allowing them to reduce premium costs while maintaining access to quality healthcare at private hospitals and specialist facilities. The initiative leverages strategic partnerships with premier medical providers to deliver superior treatment options at more accessible premium rates.
Greg Hingston, group CEO of Great Eastern, commented: "Given the escalating healthcare expenses in Singapore, we recognize our customers' growing concerns regarding health insurance affordability. Our response has been to develop a cost-effective plan that ensures comprehensive coverage across both private and public healthcare sectors while maintaining treatment quality standards. This new offering provides an accessible option for those exploring their first private Integrated Shield Plan or reassessing their current coverage."
The newly launched P Prime plan, together with its supplementary coverage, delivers among the market's most substantial annual coverage limits at $2.9 million, while limiting out-of-pocket costs for qualifying expenses to $6,500 annually per policy. Plan holders can access treatment through Great Eastern's extensive network of affiliated medical providers, encompassing partner private hospitals, specialist panels, and private day surgery facilities.
Great Eastern has simultaneously upgraded its A-ward plans to enhance recovery support through expanded therapy and treatment options. Effective November 1, A-ward supplementary plan benefits will encompass post-stroke outpatient care, including follow-up supportive treatments and therapies, plus extended coverage beyond the Ministry of Health's Cell, Tissue and Gene Therapy Product List.
When paired with its supplementary plan, the enhanced A-ward plans now provide among the industry's highest combined annual benefit limits of $1.4 million, with minimal out-of-pocket expenses for eligible claims capped at $3,000 per policy year.
Beyond enhancing affordability and coverage comprehensiveness, Great Eastern assists customers in navigating medical treatment complexities through its specialized in-house medical concierge service, streamlining healthcare management.
The Great Medical Care Concierge operates as a complimentary service available around the clock, seven days weekly, including public holidays. This personalized end-to-end support helps customers understand their healthcare options, evaluate costs against their plan coverage, identify optimal medical providers based on preferences and clinical needs, arrange appointments, and assess eligibility for expedited admission and cashless discharge services.