I'm not sure where you're from to compare to, but they break up insurance quite differently here from what I'm used to in the US. I have seperate policies and coverage for "medical" which covers essentially everything outpatient, one for hospitalization, then another for "major medical" which is things like diseases. I still don't understand it. I assume that $2800 is your Medical/Outpatient for clinics and specialists. That should be sufficient, well would be at least for me for most things.
Where I used to work I get S$5000 for this. The first S$1200 is completely paid for. The everything after is 80% covered / 20% co-pay upto a total of S$5000. Things not covered come out of an FSA which gets a fixed amount every year, some of it rolls over. These amounts are for the whole family.
In the past nine months, here are a rough outline of what I've paid on medical expenses:
- I had an ear infection. I went to the clinic, saw a doctor immediately, had two prescriptions, and a follow-up the next day. Total cost S$28
- My daughter (now 10 months) has had a checkup and two vaccinations. Checkup was S$22, the vaccinations were about S$200 each. The vaccinations were not covered by this policy (common here apparently(, but could be covered optionally by a flexible spending account I had.
- My wife needed an MRI and Blood test. MRI was S$700, Blood Tests were $480. This was covered.
- Dental cleaning and two cavities filled - $220ish
- Glasses -$90 lenses, $too much for frames (wife wanted Prada...) Covered by FSA.
Now things like major diseases would come out of their own policy. Hospitalization and any expenses occurred while hospitalized come out of their own policy. Case in point, if the MRI had revealed something which would have required even an overnight stay, the wife's MRI would have come out of that policy. The limits for these policies are way higher, like S$50k or S$100k.
It may be hard to compare your insurance to mine, but hopefully this helps explain it a bit. I know I was confused as hell when I first showed up from the US. S$1200 would barely have covered the ear infection and prescription in the US
