[Karel]

no spam or insurance agents please...
i am new here. will be relocated to Cebu in July.
I have some experiences with health insurance. most of the companies are good.
I got people from manulife, great eastern, global health asia. all claiming theirs is the best.
I understand insurance today is so competitive that its not the evaluation of the package but the reliability of the company and the people behind it...now that I'm relocating to Phillipines in less than 3 weeks,
I'm thinking of switching to pallas global insurance cos of company policies
but I need your thoughts, especially those covered by them.

Do you think this is my best option? please please suggest other insurance companies that work best for you
The hardest part is starting all over again.

This post has been edited by Boss Man: 21 June 2010 - 02:36 AM
Reason for edit: removed link by new member

[Mik]

Some people in good health forego medical insurance, they just pay as they go and keep a high limit credit card for emergencies. It doesn't hurt to have some savings too.


.

[Jim Sibbick]

Mik, on 21 June 2010 - 05:15 AM, said:

Some people in good health forego medical insurance, they just pay as they go and keep a high limit credit card for emergencies. It doesn't hurt to have some savings too.


.

That is me!

I call it self insurance.

However, I still have Australia as my back up plan.

I stopped bothering with insurance after I spent 4 days in hospital in 1995. I realised after making my claim that it was a waste of time as the aud $50 per day claim for incidentals, allowed for in my policy, far exceeded all the other costs for hospital stay such as private room, medicines and doctor visits. I have had to go to hsopital since but am still way way way ahead.


Regards: Jim

[UZI]

Jim Sibbick, on 21 June 2010 - 05:40 AM, said:

Mik, on 21 June 2010 - 05:15 AM, said:

Some people in good health forego medical insurance, they just pay as they go and keep a high limit credit card for emergencies. It doesn't hurt to have some savings too.


.

That is me!

I call it self insurance.

However, I still have Australia as my back up plan.

I stopped bothering with insurance after I spent 4 days in hospital in 1995. I realised after making my claim that it was a waste of time as the aud $50 per day claim for incidentals, allowed for in my policy, far exceeded all the other costs for hospital stay such as private room, medicines and doctor visits. I have had to go to hsopital since but am still way way way ahead.


Regards: Jim

I guess it all comes down to your current health. I have a heart condition, which of course then is a 'pre-existing condition' so Med insurance wont cover it. So do I want to pay a large sum each month 'just in case' something else comes along or do I save that money in an bank account/savings? I chose Jim's way - self insure.

Different if you have kids though.

Philhealth - at least for now - is a must have for the family.

Uzi