You are viewing blog posts categorised under Hospitalisation.
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.
6 comments
How I Ruined My Father’s Insurability
This is a topic that is close to my heart and also explains the motivation behind what I do.
My dad fought and thankfully won a critical illness back when I was still a young boy, a time when managing my finances meant putting away coins into a piggy bank. Back then, both my parents were in their prime and provided a lifestyle for my sister and I which was, by most standards, a very comfortable one.
We were too young to know why Dad left his stable job, or the reason behind the abrupt resignation of my mother from her illustrious insurance career. It was much later did I realise how my parents have been sheltering us from worry and distress.