Medical Card with Co-payment — Lower Premiums + NCD | FINNO.

Co-payment Plan

Lower Premiums, Shared Responsibility

Pay a small percentage of your medical bill and enjoy significantly reduced monthly premiums — plus a No Claim Discount when you stay claims-free.

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What Is Co-payment?

You Pay a Small Share — the Insurer Covers the Rest

Co-payment (or co-pay) means that when you make a medical claim, you and the insurance company share the cost of the bill. Under our Allianz medical card plans, you can choose to co-pay either 15% or 5% of each hospitalisation bill — the insurer covers the remaining 85% or 95%.

In exchange for taking on this small portion of the bill, your monthly premium is lower. If you make no claims that year, you also earn a No Claim Discount (NCD) that reduces your premium at renewal.

How It Works

Step by Step

1

You are admitted to a panel hospital and your medical card is used for a cashless admission.

2

At discharge, you pay your co-payment percentage (e.g. 15% of the total bill).

3

The insurer settles the remaining 85% directly with the hospital.

4

If you made no claims during the policy year, your NCD is applied at renewal, lowering your next premium.

Plan Comparison

Co-payment vs Standard Plan

Plan Type Monthly Premium NCD Your Payment at Discharge
Co-payment 15% Lower Applies 15% of the bill
Co-payment 5% Slightly higher than 15% Applies 5% of the bill
Standard (no co-pay) Highest None RM 0 — fully cashless

Who Is This Best For?

The Co-payment Plan Suits You If...

  • You want to keep monthly premiums low and are comfortable paying a small, predictable portion of any medical bill.
  • You are generally healthy and do not expect to make frequent claims — the NCD rewards claim-free years.
  • You want full hospitalisation coverage but are looking to reduce your ongoing insurance commitment.

Want even lower premiums?

The deductible plan can reduce your monthly premium by up to 60%. Ideal if you have savings set aside as a buffer.

Compare Deductible Plan

Want to See How Much You Could Save?

Get a personalised quote from a FINNO. advisor.