Our Program - GatherCare

Gathercare Program

Medical Protection that gives you everything

with Monthly Fees Ranging From RM0 - RM50 only

RM 1,000,000
Medical Protection

Increase by RM 200,000 yearly

RM 100,000
Annual Outpatient Cancer

Electrotherapy and Chemotherapy only

RM 20,000
Accidental Medical Protection

For first 0 - 60 Days only

RM150
Room & Board / 4-Bedded Ward

Limited to 120 days per year

RM 250
Ambulance Service

RM 5,000
Bereavement Payment

Increase by RM 1,000 yearly

Death of Both Parents (Sharers)

Free membership for children up to 18 years old

RM 15,000 Compensation

Death as a direct result of Covid19 vaccination side effects (until 31/12/2022 only)

RM 150 / day

Hospitalization for treatment of Covid19 vaccine's side effects (until 31/12/2022 only)

This is a Lifetime Program

So long as the Sharer wishes to remain as an “Active” Sharer for lifetime

Gathercare is officially certified as Shariah Compliant by Afsha Shariah Advisory and within precise judgement by the authorities

Gathercare is a totally Transparent, Non-Investment / Gambling Related & Trustworthy platform

The Concept of Gathercare Sharing Deposit

Why Sharing Deposit?

This is the major differentiator between Crowd Sharing based Medical Protection and conventional insurance/takaful/medical card. There's no 'Premium' in Gathercare, but we set a fund pool from which the money is used to pay for members' (Sharers') medical bills. Every 24th of the month, a Crowd Share round will be held where the total amount of medical bills will be accumulated and spread among Sharers to be shared equally according to set guideline.

Sharing Deposit = RM 100 (examples are for age group 6 - 40 years old only)

Every Sharer will put aside a Sharing Deposit presently set at RM100, as his or her future contribution of their Share towards the monthly crowd share which happens on every 24th of the month. When the Sharing Deposit falls below or equals to RM50, the Sharer's Credit Card / Debit Card will be automatically debited with an amount required to bring the balance of the Sharing Deposit back to RM100.

The Sharing Deposit is in safekeeping under a trust account managed by the Appointed Trustee - Ong and Manecksha, Advocates & Solicitors . This account is used solely for medical crowd sharing purposes matching Sharers' Actual Crowd Share Amount to the last cent. The trust account is placed under an Islamic banking account to be fully Shariah complaint and insured with under a Professional Indemnity Insurance to ensure extra security on your Sharing Deposit.

Situation 1

Each Sharer Crowd Shared RM10 for the month

RM10 will be deducted from Sharing Deposit
RM100 - RM10 = RM90

Since Sharing Deposit is above RM50, Sharer's credit card / debit card will NOT be debited. Balance left in Sharing Deposit will be RM90.

Situation 2

Each Sharer Crowd Shared RM50 for the month

RM50 will be deducted from Sharing Deposit
RM100 - RM50 = RM50


Since Sharing Deposit is left with RM50, Sharer's credit card / debit card will be automatically debited with RM50 to bring the balance of Sharing Deposit back to RM100.

The concept of sharing for only
RM0 - RM50 per month is calculated by Actuary & proven safe by our Singaporean based Chief Risk Officer.


Throughout 2021, the average monthly commitment gone to sharing was only RM9.80!!

How much do I need to Share per month?

Below are few situations on how we calculate your monthly commitment and how we keep it from RM0 - RM50 per month.

Situation 1

Medical bills of this month =

RM 10,000

Divide by

Number of Sharers in the month =

1,000

Each Sharer Crowd Shares for
RM10 only for this month

Situation 2

Medical bills of this month =

RM 0

Divide by

Number of Sharers in the month =

1,000

Each Sharer Crowd Shares for
RM0 for this month

Situation 3

Medical bills of this month =

RM 60,000

Divide by

Number of Sharers in the month =

1,000

Each Sharer Crowd Shares for RM50 only (Maximum Cap)

The balance RM10 will be carried forward to next month.

Gathercare Fees & Payment Structure

Risk Group #1

Annual Fee for
14 days old to 5 years old

RM563.60

The initial payment will be divided into two installments;

1st month payment = RM363.60
2nd month payment = RM200

The total RM563.60 Annual Fee consists of these following items;

RM400 Yearly Administration Fee 

To cover the costs of administering and the upkeep of this program, overhead, and marketing

+

RM160 Sharing Deposit 

RM 0 – RM 80 will be auto deducted from this Sharing Deposit every 24th of the month.

+

RM3.60 Razer Payment Gateway

For the online payment gateway handling fee

Risk Group #2

Annual Fee for
6 years old to 40 years old

RM462.25

The initial payment will be divided into two installments;

1st month payment = RM262.25
2nd month payment = RM200

The total RM462.25 Annual Fee consists of these following items;

RM360 Yearly Administration Fee 

To cover the costs of administering and the upkeep of this program, overhead, and marketing

+

RM100 Sharing Deposit 

RM 0 – RM 50 will be auto deducted from this Sharing Deposit every 24th of the month.

+

RM2.25 Razer Payment gateway

For the online payment gateway handling fee

Risk Group #3

Annual Fee for
41 years old to 45 years old

RM563.60

The initial payment will be divided into two installments;

1st month payment = RM363.60
2nd month payment = RM200

The total RM563.60 Annual Fee consists of these following items;

RM400 Yearly Administration Fee 

To cover the costs of administering and the upkeep of this program, overhead, and marketing

+

RM160 Sharing Deposit 

RM 0 – RM 80 will be auto deducted from this Sharing Deposit every 24th of the month.

+

RM3.60 Razer Payment Gateway

For the online payment gateway handling fee

Am I Eligible to Join?

You are eligible if you fulfil all four requirements stated below

Malaysian Only

This Program is open to any individual Malaysian of any race and ethnicity who are residing in Malaysia. However, only Medical Expenses incurred in Malaysia and provided by or under the direction of a Panel Hospital are eligible for sharing under this Program.

Age Groups [14 days - 5y.o][6 - 40y.o][41 - 45y.o]

This Program is available to healthy individual aged between 14days and up to 45 years old. Gathercare does gradually expand the age limit of this Program from time to time to include wider age groups subject to the different ratio of Monthly Share Pledge that reflects their respective health risk due to age.

Currently Healthy & Active

A person’s health status may affect on his eligibility to join this Program. A person is required to disclose any Pre-Existing Condition to Gathercare during the signing up process.

Honest Community Player

Sharers are required to make a list of declarations about their health condition and lifestyle as well as fully understand the core principles of the Program in immediate disqualification, This is to ensure all sharers share same spirit of connecting individuals passionate about improving the way the community live by sharing each other’s burden and caring about each other’s well being particularly in the area of healthcare.

How long is the Waiting Period?

0 - 60 Days from Registration Date

RM 20,000 for personal accident medical protection only

61 - 180 Days from Registration Date

RM 1,000,000 Admission to the hospital for below listed circumstances only

Dengue Fever, Accidental Injury, Flu, Fever, Gastritis, Fractures, Cuts

After 180 Days from Registration Date

RM 100,000 Cancer Treatment Expenses

(electrotherapy and chemotherapy), but do not include consultation fees, administrative fees, medical report fees, and other drug.

RM 1,000,000 Admission Treatment Costs for All below listed circumstances only

- Hypertension, diabetes and cardiovascular disease;
- Any type , including tumors, cancers, cysts, nodules, and polyps;
- Stones in the urinary system and biliary system;
- Any disease related to the ears, nose (including sinuses) or throat;
- Hernia, hermorrhoids, fistula, hydrocele, or varicocele;
- Any disease related to the reproductive system including endometriosis;
- Any spinal disease (including herniated disc) or any knee joint disease;
- Serious illness including stoke, heart attack, kidney failure, cancer, coronary artery by-pass surgery, serious coronary artery disease, angioplasty and other invasive treatments for coronary artery disease, end-stage liver failure, fulminant viral hepatitides, coma, benign brain tumour, paralysis of limbs, blindness, deafness, third degree burns, HIV in fection due to blood transfusion, occupationally acquired human Immunodeficiency virus (HIV) infection, full-blown AIDS, end-stage lung disease, encephalitis major organ / bone marrow transplant, loss of speech, brain surgery, heart valve surgery, terminal illness, loss of independent existence, bacterial meningitis, major head trauma, chronic aplastic anaemia, motor neuron disease, Parkinson’s Disease, Alzheimer's Disease / Severe Dementia, Muscular Dystrophy, Surgery to Aorta, Multiple Sclerosis, Primary Pulmonary Arterial Hypertension, Medullary Cystic Disease, Cardiomyopathy, Systemic Lupus Erythematosus with Severe Kidney Complications