WHAT IS THE MAIN DIFFERENCE BETWEEN MEDICAL CARD AND 36 CRITICAL ILLNESSES?

Medical card is a plan that covers the cost of our medical treatment in a hospital. If a policyholder stays in a hospital and his medical bill is RM 10,000, the insurance company will pay the money to the hospital, not him. In other words, he gets nothing in the end. If he pays the medical bill first, he can make a claim later from the insurance company. In this case, he still gains nothing in the end.

A 36 critical illnesses plan is a policy which provides a financial support to a policyholder who is diagnosed with any one of the 36 critical illnesses. To know the full list of the 36 critical illnesses, please read my post titled A LIST OF 36 CRITICAL ILLNESSES. (January 6, 2009). If he has already bought a 36 critical illnesses plan with sum assured of RM 100,000, this amount of money will be payable to him once he is diagnosed with any one of the 36 critical illnesses. With this amount of money, he can concentrate on getting well. In fact, once he gets RM 100,000, he can spend it in whatever ways he wants including buying the latest model of Honda City.