Health Insurance for Over 65s Singapore
Specialized health insurance guidance for Singaporeans 65 and above. Navigate higher premiums, pre-existing conditions, and find the right coverage for your golden years.
Over 65 Health Statistics
Health Insurance Challenges After 65
Understanding the unique obstacles faced by seniors seeking health coverage
Steep Premium Increases
Premiums can increase 50-100% from age 65 onwards due to higher claim risks
Pre-existing Conditions
Many health issues emerge by 65, requiring careful declaration and management
Longer Waiting Periods
Some insurers may impose longer waiting periods for new applicants over 65
Complex Health Needs
Multiple chronic conditions become common, requiring comprehensive coverage
Common Health Conditions After 65
Prevalence, costs, and insurance coverage for age-related health issues
| Condition | Prevalence 65+ | Treatment Cost | IP Coverage |
|---|---|---|---|
| Cardiovascular Disease | 60% | $8,000-15,000 | Fully covered after waiting period |
| Diabetes Type 2 | 25% | $3,000-5,000 annually | Ongoing management covered |
| Arthritis/Joint Problems | 45% | $2,000-8,000 | Surgery and treatment covered |
| Eye Conditions (Cataracts) | 35% | $5,000-12,000 | Surgery fully covered |
| Cancer (Various) | 15% | $50,000-200,000 | Comprehensive coverage available |
Best Health Insurance Plans for Over 65s
Senior-friendly Integrated Shield Plans with favorable terms
AIA
HealthShield Gold Max
Why Best for 65+
No co-payment means predictable costs for frequent medical visits
Key Benefits
- Zero co-payment
- Unlimited lifetime coverage
- Pre-existing covered after 1 year
NTUC Income
IncomeShield
Why Best for 65+
Community-focused with understanding approach to senior applications
Key Benefits
- No upper age limit
- Preventive care focus
- Established local presence
Great Eastern
GREAT SupremeHealth
Why Best for 65+
Comprehensive cancer coverage crucial for this age group
Key Benefits
- Enhanced cancer coverage
- Health screening included
- Strong claims history
Budgeting for Health Insurance After 65
Financial planning strategies for senior health coverage
Premium Planning
- Budget for 10-15% annual premium increases
- Consider higher deductible plans to reduce monthly costs
- Plan premium payments 2-3 years in advance
Medisave Optimization
- Use full $600 annual allowance for premiums
- Understand Medisave can cover deductibles and co-payments
- Consider topping up Medisave if needed
Healthcare Budgeting
- Set aside emergency fund for medical expenses
- Factor in regular specialist visits and medications
- Consider supplementary health savings beyond insurance
Application Tips for Over 65s
Increase your chances of approval with these expert recommendations
- Apply while you're still healthy (before age 65 if possible)
- Gather all medical records and be completely honest in your application
- Consider consulting an insurance advisor familiar with senior applications
- Compare multiple insurers as acceptance criteria vary
- Don't delay - health can deteriorate quickly at this age
- Understand that some conditions may be excluded permanently
Application Checklist
Over 65 Health Insurance FAQ
Essential answers for seniors seeking health coverage
Can I still get health insurance at 65 or older?
Yes, most major insurers in Singapore accept applications from people 65 and older. However, premiums will be significantly higher, and there may be stricter health screening requirements.
How much does health insurance cost for someone over 65?
Monthly premiums for over-65s typically range from $400-600 for comprehensive Integrated Shield Plans, depending on your health status, chosen plan, and insurer.
Will my pre-existing conditions be covered?
Pre-existing conditions declared during application are usually covered after a 1-year waiting period. However, some conditions may be permanently excluded depending on severity.
Should I upgrade from MediShield Life at 65?
Yes, upgrading is highly recommended at 65+ as healthcare needs increase significantly. Integrated Shield Plans provide access to private healthcare and higher coverage limits.
Can I use CPF/Medisave to pay for premiums?
Yes, you can use up to $600 annually from your Medisave account to pay for IP premiums. This becomes especially valuable for managing higher senior premium costs.
What if I'm rejected by one insurer?
Try other insurers as acceptance criteria vary. Some insurers are more senior-friendly than others. Consider working with an insurance advisor who specializes in senior applications.
Don't Wait - Secure Your Health Coverage Today
Health can deteriorate quickly after 65. Get comprehensive coverage while you still can.