Promoting Healthy Lifestyles with Medical Insurance Discounts

Medical insurance discounts provided by active pricing models are revolutionizing the medical insurance landscape by incentivizing healthy habits. They offer lower premiums for policyholders who maintain healthy lifestyles. This innovative approach promotes well-being and provides financial benefits.

What is active pricing insurance?

Active pricing insurance models, like Prudential's PRUMillion Med Active, offer policyholders the opportunity to secure lower premiums based on their health habits and claims history. By maintaining a healthy lifestyle and avoiding claims, individuals can potentially benefit from up to a 15% discount on medical insurance charges . This claims-based approach encourages proactive health management, contributing to reduced healthcare costs.

Active pricing models offer a more personalized approach to insurance compared to traditional fixed-premium models. This makes them particularly suitable for individuals who prioritise preventive care and seek to benefit from their healthier lifestyle through lower premiums.

How does a healthy lifestyle lower your insurance charges?

A healthier lifestyle can result in substantial insurance premium reductions. By prioritising well-being, individuals can reduce their risk of health problems, which, in turn, lowers insurance costs. Let's explore how this works.

Exercise and diet: Maintain a healthy weight

Obesity often leads to chronic health conditions, which then increase medical expenses. By prioritising weight management, individuals can lower their risk of these conditions and enjoy lower insurance premiums. Thus, eating right and maintaining a healthy weight is the first step to lower insurance premiums with active pricing.

Reducing alcohol intake and smoking

Tobacco and alcohol use can increase insurance premiums due to their negative health effects. Reduction or complete elimination of alcohol consumption and smoking leads to improved health quality and also reduces your insurance costs.

Preventive health measures

Preventive healthcare measures, including regular check-ups and vaccinations, are crucial for preventing serious illnesses and maintaining good health. This can result in fewer insurance claims. Prudential's PRUMillion Med Active plan exemplifies this approach by emphasizing preventive care.

Boost your medical plan with Active Booster to get additional benefits like redeem up to RM1,000 No Claims Benefit annually at Prudential’s Marketplace for healthcare packages such as medical checkups, vaccinations, diagnostic tests, subscription programmes and more.

Stress management & mental health

Mental health is essential for overall well-being. Poor mental health and chronic stress can negatively affect physical health, leading to higher medical expenses and, thus, insurance premiums. By prioritising mental well-being, individuals can reduce their risk of health problems, leading to fewer medical claims and potential savings on insurance premiums.

Health tracking

Health tracking technology, such as wearable devices, enables individuals to monitor their physical activity, sleep patterns, and heart rate. This allows them to make informed decisions about their health and prioritise their well-being.

Medical insurance discounts with PRUMillion Med Active

Prudential's PRUMillion Med Active is a forward-thinking medical plan that encourages healthy living and rewards policyholders when they don’t make any claims. This innovative plan offers an upfront discount of up to 15% on medical insurance charges from the very first year, making it a financially attractive option for health-conscious individuals.

Key features of the PRUMillion Med Active plan include:

• Instant discount: Enjoy upfront discount of up to 15% on medical insurance charges with no claims made.

• Comprehensive cancer protection: A comprehensive range of cancer protection, including genomic testing for early cancer detection, treatment, and support during cancer remission.​

• Enhanced coverage with Active Booster: Benefit from unlimited annual coverage when you opt for coinsurance and unlimited number of days for room and board as well as ICU.

• No Claims Benefit: Policyholders who do not file any claims during the policy year can redeem up to RM1,000 annually at Prudential’s Marketplace for various healthcare packages.

Conclusion

A healthy lifestyle can lower the cost of medical insurance and improve well-being. Prudential's PRUMillion Med Active rewards healthy habits with discounts. By prioritising exercise and stress management, individuals can reduce their insurance costs while ensuring they have adequate coverage.

Discover how active pricing can lower your insurance premiums. Explore our expert articles on the benefits of health-focused insurance plans and how they can help you save while staying protected.