Newborns Enjoy Increased Hospitalisation Benefits And Insurance Coverage At No Extra Cost

Newborns Enjoy Increased Hospitalisation Benefits And Insurance Coverage At No Extra Cost

  • Newborns at Parkway Pantai hospitals in Singapore to receive complimentary neonatal intensive care unit (NICU) hospitalisation coverage for 20 listed congenital illnesses.
  • Mothers receive complimentary daily hospitalisation benefits for their newborns and a one year personal accident coverage for the family – a first in Singapore Hospitals.

Parents welcoming their newborn child at any of Parkway Pantai’s four hospitals in Singapore will now receive a special gift: the assurance and peace of mind that a significant portion of NICU hospitalisation costs will be covered under a unique insurance coverage arrangement with AIA.

The AIA Baby Care and AIA Family Care plans are only available at Parkway Pantai hospitals in Singapore and will be provided at no extra cost to expecting mothers who sign up for the hospitals’ maternity package before they reach 38 weeks of pregnancy.

“Everyone deserves the best start in life, especially our youngest and most vulnerable,” says Mr Phua Tien Beng, Acting Chief Executive Officer, Singapore Operations Division, Parkway Pantai. “Gifting our maternity patients with added insurance coverage and bundling NICU hospitalisation benefits in the hospitals’ maternity packages will provide our parents with greater peace of mind and leave them to better enjoy the arrival of their new family member.”

Every one in five babies born in Singapore in 2016 was delivered at one of the four Parkway Pantai hospitals in Singapore. About 15 per cent of these babies required NICU care1. Overall, the prematurity rate in Singapore has increased from 7.2% to 9.5%, despite lower birth rates. This may be brought about by evolving social and medical trends, such as an increase in maternal age and more couples opting for assisted reproduction. Due to their prematurity and low weight, pre-term babies are at higher risk of developing complications and will require NICU care2.

“Childbirth can be both exciting and stressful. We want to enjoy the arrival of our first child but at the same time, are worried that an unexpected stay in the NICU will stretch our finances. These worries are particularly real for older moms like me,” said 38-year-old Mdm Krissy Leow. “With the added medical coverage from the hospital, my husband and I can have greater peace of mind to welcome the new addition to our family.”

“We regularly see customers like Mdm Leow, who worry about unexpected complications even as they prepare to welcome their bundle of joy. That is why we are pleased to partner with Parkway Pantai Hospitals to protect more families in Singapore, providing the necessary support so that they can focus on their child’s recovery should any unexpected complication occur. This is especially important today given the increased prematurity rate due to social and medical trends in Singapore such as increasing maternal ages. We want to help individuals and families be life confident even as their needs evolve over time,” says Ms Wong Sze Keed, Chief Agency Officer of AIA Singapore.

The AIA Baby Care Plan is a daily hospital plan and is valid for one year. It covers newborns who have any of the 20 congenital illnesses listed (see Annex A) and are admitted into Neonatal Intensive Care Unit (NICU) in any of the Parkway Pantai Hospitals in Singapore. The plan complements Medishield Life coverage, paying out a $500 daily cash benefit over up to a maximum of 30 days to offer additional financial coverage for hospital bills.

Maternity benefits also include the AIA Family Care Plan which covers all insured mothers and their immediate family members for one year, offering up to $40,000 in Accidental Death, up to $250 in Accidental Medical Reimbursement benefits, and up to $50 in Recuperation benefits.

For more information of Parkway Pantai Hospitals’ maternity packages and benefits, please visit www.babycare.com.sg.

  1. 41,251 Total Live Births in 2016 ,Department of Statistics Singapore and Parkway Pantai data
  2. Ministry of Health, Singapore (2013), Speech by Minister for Health Mr Gan Kim Yong at the Official Opening of the renovated Neonatal Intensive Care Unit at KK Women’s and Children’s Hospital, 6 July. Available Here.