Yes, a small bank book that I never use.
I visited my bank 1 or 2 times, a couple of years ago, the bank printed my history of debits and credits onto it.
INFORMATION AND COMMUNITY FOR EXPATS IN INDONESIA
A problem with a healthcare insurance company
- Thread starter Samoerai
- Start date
I visited my bank 1 or 2 times, a couple of years ago, the bank printed my history of debits and credits onto it.
Well actually the detailed info only for last 30 /28 days transactions. Any further than that it just shows a combined total eg Jan 1 to Aug 7th credit 2,836,973,457.71 then from Aug to Sep 6 all the actual ins and outs like 500,000atm out, bunga 354,000, credit dari gadun bayar kos 2jt etc etc
Yes no reason your insurance company needs it especially as it has your signature on it, I would not have let them copy that myself, it doesnt even prove policy payments made, mine are made by credit card, if they wanted your bank account and branch you can write that down on a post it for them
Yes no reason your insurance company needs it especially as it has your signature on it, I would not have let them copy that myself, it doesnt even prove policy payments made, mine are made by credit card, if they wanted your bank account and branch you can write that down on a post it for them
I started an application procedure with Cigna Health insurance in Dubai (not the one based here in Indonesia: PT. Cigna). They accepted me already. Premium is 480 euro per 3 month with an deductible 7400 euro. I was wondering if anybody has some experience with this (I think also American based) health insurance company? Anything I should know before I go ahead?
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Can you clarify the statement about the premium being 480 euros per 3 months with a deductible of 7,400 euros?
Is it accurate to understand that the monthly premium is 160 euros, and you only start paying after your bills reach 7,400 euros and presumable you can terminate the plan once you reach that 7,400 euros threshold ?, If this was the case it seems to me too good to be true.
Additionally, I noticed from the attached image that their office is in Guernsey, Channel Islands, a location often associated with tax avoidance. If I were in your position, I would choose health insurance regulated by the EU and/or Dutch authorities. You will need a good regulator on your side when you try to fight your corner with eyewatering bill in the future.
You will only know how good an insurance is when you try to make a huge claim.
It's means he's liable for the first €7400 of any claim
Yes premium €160pm but paid quarterly probably by card. Cheaper than monthly and maybe he can't afford annually one payment
He can cancel any time but his next policy will cost him more especially if he claimed. And now he has a pre existing condition
Yes premium €160pm but paid quarterly probably by card. Cheaper than monthly and maybe he can't afford annually one payment
He can cancel any time but his next policy will cost him more especially if he claimed. And now he has a pre existing condition
It's the same Cigna group
Different regions use different offices
Middle East usually Jersey Guernsey or Isle of Man
Asia would be a local office
Etc etc
It's just for the local regulations and tax issues etc especially when expats are concerned
Different regions use different offices
Middle East usually Jersey Guernsey or Isle of Man
Asia would be a local office
Etc etc
It's just for the local regulations and tax issues etc especially when expats are concerned
AFAIK, In Insurance this is typically called "Insurance Excess". A healthcare Insurance with excess of EUR7400 ???? This is very unusual. Let alone the premium of EUR160 per month is just avarage, not that cheap.
Typically, the Excess of healthcare Insurance is no more than EUR500/GBP500. See for instance from BUPA / AVIVA
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If you know then why do you ask?
Maybe the figure is in £ or $ and converted. Or maybe the OP misquoted.
But that's what an excess is. What the policy holder must personally pay for any claim. Perhaps over a certain amount. No idea unless he tells us his whole policy terms which is unnecessary
Cigna is a perfectly reasonable respectful insurance company like BUPA, Medicare etc
Maybe the figure is in £ or $ and converted. Or maybe the OP misquoted.
But that's what an excess is. What the policy holder must personally pay for any claim. Perhaps over a certain amount. No idea unless he tells us his whole policy terms which is unnecessary
Cigna is a perfectly reasonable respectful insurance company like BUPA, Medicare etc
Cigna Healthcare | Health Insurance, Dental Plans & Medicare
Cigna Healthcare offers health insurance plans such as medical and dental to individuals and employers, international health insurance, and Medicare coverage.
www.cigna.com
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Sounds cheap to me. Probably due to the high deductable. That's a pretty big chunk paid before insurance kicks in. Unless someone is getting all their healthcare outside of SE Asia, except Singapore, one might easily hit these amounts. Inside, that would be a lot of medical needs. I think I will stay with BPJS and when I'm done, I'm done.
What is a cost share?
The cost share of an insurance package is the percentage you’ll pay towards the full price of your claim. The cost share percentage is specified in your policy. It’s applied to the remaining sum due once your deductible has been taken into account.
The cost share of an insurance package is the percentage you’ll pay towards the full price of your claim. The cost share percentage is specified in your policy. It’s applied to the remaining sum due once your deductible has been taken into account.
Cigna - Wikipedia
@snpark and @fastpitch17 already explained. This insurance reimburse one's claim minus the applicable deductable or/and costshare option.
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Yes EUR160 per month for health insurance is not that expensive. But a healthcare insurance with insurance excess, deductible of EUR7,400 is very unusual. Any link another example a healthcare insurance with insurance excess / decuctible around that ??. Having that insurance excess or deductible will mean that you will need to pay out from your own pocket for any treatment below EUR7,400 (IDR123m) before your insurance coverage kicks in to cover the remaining expenses. I wonder how many people outthere, especially in Indonesia would want to get this sort of healthcare insurance ??
The only possibility I could think of if someone has an unusual pre-medical condition where he will need a very customised quotation.
The only possibility I could think of if someone has an unusual pre-medical condition where he will need a very customised quotation.
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No, it is just an option, one can choose to reduce the premium. The one I choose is a deductable of 7400 euro (or: 10,000 US dollars).
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Good point. I have to ask the agent Pacific Prime if I can cancel any time, even after paying one quarter. I pressume I can cancel, but let's make that a fact.
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I also have to check whether the selected deductible applies per treatment (every time) or for the entire insurance year?
Hmmm, I just found this article.
How Cigna Saves Millions by Having Its Doctors Reject Claims Without Reading Them
Internal documents and former company executives reveal how Cigna doctors reject patients’ claims without opening their files. “We literally click and submit,” one former company doctor said.
www.propublica.org
"Cigna eventually designated the list “PXDX” — corporate shorthand for procedure-to-diagnosis. The list saved money in two ways. It allowed Cigna to begin turning down claims that it had once paid. And it made it cheaper to turn down claims, because the company’s doctors never had to open a file or conduct any in-depth review. They simply denied the claims in bulk with an electronic signature.
Cigna knows that many patients will pay such bills rather than deal with the hassle of appealing a rejection, according to Howrigon and other former employees of the company. The PXDX list is focused on tests and treatments that typically cost a few hundred dollars each, said former Cigna employees."
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