Tag: Careshield Life

In 2021, Seniors should upgrade Eldershield to Careshield Life – here is why.

There are three legs of healthcare insurance that seniors should pay attention to. The first is acute care insurance – Medishield Life – that helps you with serious condition and treatment that normally require hospitalisation. Medisave and other government subsidies are intended to cover primary care that includes anything from cough and cold to management of chronic conditions like diabetes. The third leg is long term care for when you are severely disabled and need long term help for day-to-day living — this is where the current Eldershield 400 and the yet to be launched Careshield Life will be something you want to have.

Continue reading “In 2021, Seniors should upgrade Eldershield to Careshield Life – here is why.”
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Merdeka Generation Package: S$8 Billion well spent to help seniors born in the 50’s

Like the Pioneer Generation Package, I believe the Merdeka Generation Pack(MGP) is money well spent. When the Merdeka Generation citizens were in their working years, wages and salaries were significantly lower then. Education and other opportunities were considerably less than what our current generation has. For them, there was little opportunity to save enough for retirement especially with healthcare costs increasing at an alarming rate. Add this to greater longevity, it is clear that the Merdeka Generation’s savings for their retirement will fall short of what is needed.

Continue reading “Merdeka Generation Package: S$8 Billion well spent to help seniors born in the 50’s”