Reported 11 months ago
For those without comprehensive medical insurance, it's suggested to plan related coverage before the end of June. The Financial Supervisory Commission is reforming the policies to adopt a principle of loss compensation, leading to the halt of many comprehensive medical insurance policies by the end of June. While the implementation of the reform might be delayed to September or October, policyholders should be prepared. The article explains the differences between the old and new policies, offers guidance on choosing medical insurance, and highlights the importance of being aware of the changes in the insurance landscape. Several major life insurance companies have announced the discontinuation of various medical insurance policies for hospitalization and accidents by the end of June. Purchasing medical insurance post-July entails differences in coverage due to the new compensation method focusing on actual medical expenses. The new system aims to prevent individuals from profiting from illness, and policyholders can only receive compensation up to the total medical cost shown in the receipts under the new regulations. In conclusion, it's advised to acquire comprehensive medical insurance with dual claiming options before the reforms take effect, as only a few policies allow dual claims after the changes. The article further discusses recommended insurance providers and their policy features.
Source: YAHOO