It's not rubbish. Read my the example I wrote above. Each person may have different experience.
Some who can afford, will want private hospital in order not to wait...
Some who cannot afford, will go to restructured hospital and pray hard enough money in Medisave to cover cost, if no private insurance (especially older folks above 70 or 80?)
If you have money and you don't have health, all your money will go to hospital fee sooner or later.
Is this what we want in our life?
Quote:
Originally Posted by larue
PAP has done such a good job people so free and comfortable they can write this sort of rubbish.
Class A ward in a community hospital is approx $250/day, excluding medicine..
Hospital will require a down payment every 20 days, either cash or credit card. So that's easily $5,000 every 20 days. This is before deduction from your Medisave or Medishield.
Deduction from both account is a single deduction per month capped at $2,500 So you have to pay the difference in cash...
If hospitalization stay is short, recover and discharged within a week, I think that's still can manage.
But if the stay is long because of complication or the patient is at end stage of life, it may be a stay of a month, or even longer....the bill will continue to pile on.
Even if you have balance or excess in your Medisave, you can't touch it at all because of the capped of $2.5k/month.
Anything more incurred, like a single immunotherapy drug (for some cancer patient) can easily cost $6.5k. And this usually required every 3 weeks for 6-7 sessions. So, any extra you have to cough out cash...
In conclusion, you can get sick in Singapore but better hope and pray you die fast (especially if you don't have any private insurance).
Buy a private shield plan that you can afford while you are healthy. Don't rely on employer's medical coverage because you don't work for them for life.
Buy a private shield plan that you can afford while you are healthy. Don't rely on employer's medical coverage because you don't work for them for life.
Need to consider the annual premium for Integrated Shield Plans (IPS). If one is over 70 years old, then the premium goes sky high.
It's not rubbish. Read my the example I wrote above. Each person may have different experience.
Some who can afford, will want private hospital in order not to wait...
Some who cannot afford, will go to restructured hospital and pray hard enough money in Medisave to cover cost, if no private insurance (especially older folks above 70 or 80?)
If you have money and you don't have health, all your money will go to hospital fee sooner or later.
Is this what we want in our life?
Where in the world is it good to be sick, old and poor?
Singapore is one of the least bad places already. That’s the point.
Live in two suitcases. Travel the world. Sample local "dishes" for a month or so and keep moving from country to country. This would be the best retirement plan I could think of....
No need, you will be surprised, it’s way much cheaper than joining tnour package, and of course no children, I hit multiple cities, I lost count how many countries becos my old TripAdvisor map is gone. I left with China, America, Africa and the northern and part of southern EU not visited, exotic places like Jordan, Iraq, morroco, Israel not been before
Live in two suitcases. Travel the world. Sample local "dishes" for a month or so and keep moving from country to country. This would be the best retirement plan I could think of....
this is damn good..I think I can do this, maybe I'd target this as my goal for 2023.
I retired at 50 years old but Covid wasted 2 years of my retirement
I travel almost every month for holiday to eat, sightseeing and look for FL
Usual place will be HCMC, Phu Quoc, Can Tho, Hanoi, Sapa, Kyoto, Bali, Turkey (will be only once), Bangkok and will be going Tokyo next.
Make sure you save a comfortable sum of $ and the bank interest alone will be sufficient to pay for your lifestyle + medical insurance (very important)
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"Do u pity those pathetic fools in Casino, chasing after a poor man's dream of getting rich by gambling"- Donald Trump
I retired at 50 years old but Covid wasted 2 years of my retirement
I travel almost every month for holiday to eat, sightseeing and look for FL
Usual place will be HCMC, Phu Quoc, Can Tho, Hanoi, Sapa, Kyoto, Bali, Turkey (will be only once), Bangkok and will be going Tokyo next.
Make sure you save a comfortable sum of $ and the bank interest alone will be sufficient to pay for your lifestyle + medical insurance (very important)
wow bro, congrats. Do you have kids? My dream is to retire 50 or early 50s but being in the sandwiched generation, seems very difficult siah. kids only 18 thereabouts when I am 55