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How Did Minister Khaw Pay Only $8 For His Surgery?

In October 2010, it was reported that Minister for Health Khaw Boon Wan paid only $8 in cash for a heart bypass surgery he underwent in May that year. There is quite a bit of anti-government sentiment online and this renewed unhappiness amongst many who were upset with the relentless rise of the cost of living in Singapore, particularly healthcare.

I’m not going into the politics of it as this is a financial blog, but from a financial planning perspective I disagree with some of the views that were expressed on various sociopolitical websites.

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Strange Marketing

Just a while after I blogged about professionalism in the financial industry, I read about this marketing campaign allegedly started by an insurance company to spread the message of life’s uncertainty (and naturally the accompanying importance of insurance). While the underlying message is rather meaningful if not cliché, the marketing campaign itself was strange to say the least.

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