Expat Edition: An Essential Guide to Navigating Health Insurance in Singapore

Moving to a new country brings excitement, however it also means navigating unfamiliar territory, including healthcare. As an expat relocating to Singapore, one important aspect to consider is health insurance. This guide aims to shed light on the importance of health insurance and provide insightful information to help you in making informed decisions when choosing the right plan for your needs.

Understanding Health Insurance:

Before delving into the specifics of health insurance, let us understand what it entails. Health insurance for expats in Singapore, is intended to offer financial protection in case of medical or hospitalisation expenses incurred for individuals living abroad. In the context of Singapore, where the cost of healthcare services is significant, having adequate insurance coverage becomes crucial.

Understanding the nuances of Singapore’s healthcare system, including the availability of public and private facilities, as well as associated costs, is essential for expats to make decisions about their insurance needs.

Importance of Health Insurance for Expats:

According to SmartWealth Singapore, the cost of healthcare has increased by 57.5% in the last 20 years, making it essential for expats like you to have adequate health coverage. Without comprehensive insurance, you may find yourself vulnerable to the financial burden associated with unexpected medical expenses that can potentially jeopardize your financial stability and well-being.

Factors to Consider When Choosing Health Insurance for Expats

Selecting the right health insurance plan requires careful consideration of several factors such as:

  • Adequate Coverage:

    Evaluating the extent of coverage provided by the insurance plan is vital. You should make sure that the plan meets your healthcare needs adequately and offers protection against a wide range of medical expenses. This includes coverage for pre and post-hospitalisation care, outpatient treatments etc. Additionally, you can opt for supplementary plans to further cover out-of-pocket expenses. Assessing the coverage ensures you are prepared for unforeseen healthcare needs that may arise during your time in Singapore. Through Prudential, you can enjoy comprehensive medical coverage tailored to your needs.
  • Panel/Non-Panel list:

    When selecting health insurance in Singapore, it is crucial to consider the panel/non-panel list provided by insurance providers. The panel list includes medical practitioners, specialists, hospitals, and treatment centres that are covered under the insurance plan. On the other hand, non-panel providers may still offer quality healthcare services but may require higher co-payments (a portion paid out of the insured’s pocket) or may not be covered by the insurance plan at all. Prudential’s extensive panel of providers ensures expats have access to quality healthcare services without worrying about the out-of-pocket expenses.
  • Policy Terms:

    Reviewing the terms and conditions of the insurance policy in detail is essential to understanding the extent of coverage and restrictions that may be applicable. You should pay close attention to exclusions, limitations, waiting periods and renewal options. This helps avoid unexpected surprises and ensures understanding the benefits and limitations of the insurance plan. Health insurance provided by Prudential offers customisable protection plans and comprehensive coverage options to meet the diverse needs of expats living in Singapore.
  • Ward Preference:

    When considering health insurance options, it is essential to decide on the ward class that best suits your preferences. Plans offered by insurers are often categorised based on the type of ward they cover. A notable difference between ward classes, Class A and B1, is that the former is a single room with attached bathroom and toilet while the latter can be occupied by up to 5 beds in a room with attached bathroom and toilet. By selecting the right health insurance plan aligned with your ward preference, you can ensure access to the level of privacy and healthcare facilities you want. Prudential takes these considerations into mind and offers a range of ward options to cater to your preferences, ensuring you receive the level of care you need.
  • Cost:

    Comparing the premiums, deductibles, co-payments, and out-of-pocket expenses associated with different insurance plans is crucial to figuring out affordability. You should assess the overall cost of the insurance plan in relation to the coverage provided to ensure you are getting the best value for their money. Balancing cost with coverage makes sure you can access the healthcare they need without experiencing financial strain.


As you embark on your journey as an expat in Singapore, securing the right health insurance coverage should be a top priority. This guide has highlighted the importance of health insurance for expats in Singapore and provided insightful information to help you make informed decisions. Remember to thoroughly evaluate your options and choose a plan that offers comprehensive coverage that meets your needs.

Awarded as the Best Life and Health Insurance provide by Expat Living’s Readers’ Choice Award 2024, you can rest easy knowing you and your family’s health and well-being are well protected in your new home away from home with Prudential.

Contact a Prudential Financial Representative today to learn more about our insurance plans and find out about options available that are most suited for your lifestyle.


T&Cs apply. Protected up to specified limits by SDIC. This advertisement has not been reviewed by the Monetary Authority of Singapore. This article is for your information only and does not consider your specific investment objectives, financial situation or needs. We recommend that you seek advice from a Prudential Financial Representative before making a commitment to purchase a policy. Information is correct as of 23 April 2024.

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