The renewal certificate for my hospital and surgical insurance just arrived. So, what is the cost? Total: $904.00. $665.00 will be deducted from my CPF Medisave Account and $239.00 will be deducted from my designated savings account. The importance of having good hospital and surgical insurance cannot be over-emphasized. We are not being frugal if we save money by not having such insurance. There is another word that starts with the letter "F" to describe those who do. The insurance premium will increase as we age. My mother's yearly H&S premium is in excess of $2,000 now. Yes, we pay more as we age but don't let this scare you. What should scare you is the size of hospital bills which will surely come one day (although we could continue to hope that they don't). My mom told me that my uncle who is almost 60 was thinking of cancelling his H&S insurance ......