Exploring Insurance Options for Japanese Residents in Singapore
Hello, everyone. This is Keiichi Ito from Good Job Magazine. I’m thrilled to start sharing important information about life in Singapore with all of you. Today, let’s discuss a crucial topic for Japanese people: medical insurance for foreigners in Singapore.
In Japan, medical insurance automatically covers most costs, and showing your insurance card typically means you only pay 30% of the expenses. However, in Singapore, the situation is different. Here, medical costs are 100% self-paid unless you have adequate insurance coverage. This can lead to unexpectedly high medical bills if you aren’t prepared.
Singapore offers many insurance plans tailored for expatriates so that you can get the necessary medical care without the burden of expensive fees. Explore your options and choose a plan that suits your needs and budget.
Medical Allowance and Private Insurance
In Singapore, companies typically provide a medical allowance of around S$1,000 per year. Employees can visit a hospital for minor colds or injuries, obtain a doctor’s certificate, and claim the expenses from their company.
I also have private insurance with premiums of around S$400 per year to ensure comprehensive coverage. This insurance allows me to receive treatment at affiliated hospitals without upfront payment. The insurer pays the hospital directly after submitting the medical certificate to the insurance company.
