Waiting Periods in Health Insurance: What You Need to Know

When you purchase a health insurance plan, you probably expect to be able to use it immediately if needed. Unfortunately, that is not always the case. For example, maternity cover has a waiting period of 12 to 36 months. This means that you have to wait until that period is over before you can get maternity benefits. But waiting times in health insurance don’t end there, as you’ll find out in Pacific Prime Singapore story.

What is the waiting period for insurance?

Simply put, the waiting period in health insurance is the amount of time a policyholder has to wait before reaping some or all of the benefits of their insurance. It is important to note that you cannot claim your insurance during pregnancy. Therefore, to avoid being left without help, always check how many days we can take health insurance.

The waiting period may apply to your general health insurance or other health conditions. Additionally, it can vary between insurance providers.

Why is there a waiting period for health insurance?

Now that you understand what a mandatory waiting period means, you may be wondering why health insurance plans have a waiting period in the first place. There are a number of reasons why health insurance coverage may be low, including:

  • Ensuring that there are no mistakes with the policyholders
  • Protecting insurers from any unaccounted for medical risk
  • Ensuring that the owner does not use health insurance for regular expenses

How does the insurance waiting period work?

Today, there is an increased acceptance of health insurance due to the high risk of diabetes, hypertension, and other life-threatening diseases. When finding a health insurance plan, it is important to understand the various aspects of the policy that require your attention. For example, if you want to expand your family, you need to know the minimum period of health insurance to get coverage for pregnant women.

Types of waiting times

Here are some waiting periods in health insurance plans that you should be aware of, depending on your health status.

Health care Time to wait
Accidental hospitalization 0 days
Initial waiting time 0 to 30 days
The inclusion of a newborn 9 months to 3 years
Mother’s cover 9 months to 3 years
Specific illness/disease 1 to 2 years
Pre-existing conditions (diabetes, hypertension, etc.) 1 to 4 years

Let’s take a closer look at the different types of waiting time.

Accidental hospitalization

Any plan that covers accidental hospitalization does so from the start date of the plan as there is no waiting period.

Initial waiting time

This defines the period from the date of commencement of the policy to the date when you can enjoy the benefits of the policy. Medical expenses other than accidental hospitalization are not covered during pregnancy.

Supplements for mothers and newborns

Health insurance plans that provide coverage for mothers and newborns usually do so at the end of the pregnancy period (eg 9 months to 3 years). Maternity allowance covers maternity and newborn expenses for the first three months. Some plans do not cover maternity benefits, so always do your research before making a plan.

Specific illness/disease

It is common that some illnesses, diseases, and procedures come with a waiting period (such as hernia, cataracts, osteoporosis, etc.). The waiting time for a diagnosis like this can vary from 2 to 4 years, depending on what you want.

What was already there

If the insured has a disease that exists at the time of purchasing health insurance, the disease is called a pre-existing condition. Health insurance plans usually cover pre-existing conditions after the waiting period is over. Note that group health insurance waiting periods can have different terms and conditions, so it’s important to check with your insurer for more information.

Find the health insurance plan that best suits your needs with Pacific Prime Singapore

Now that you know the waiting periods in health insurance, it’s time to choose a health insurance plan that fits your needs. One of the best things about getting health insurance sooner is that you don’t have to worry too much about waiting times. Regardless of where you are in life, it helps to work with a reputable broker like Pacific Prime Singapore.

With over twenty years in the industry, we have the knowledge and expertise to help you find the right plan for your needs and budget. Plus, you’ll get unbiased advice from our insurance experts, access to our extended services, and more at no extra cost compared to going to an insurance company.

So whether you’re looking for international health insurance in Singapore, health insurance in Singapore, or anything in between, contact us for a free quote today!

Jantra Jacobs is a columnist at Pacific Prime. During the workday, she writes and edits articles, instructions, and anything else related to words. They like to create things that are easy to understand and fun to read.

In her free time, she can be writing poetry and prose, pursuing her hobbies, reading, or practicing yoga.