Personal Finance
Mental Health Issues: Subsidies Available And How To Navigate Through The Financial Costs
By Seedly  •  August 23, 2019

In Singapore, a nationwide study conducted by the Institute of Mental Health shows that 1 in 7 Singaporeans have experienced a mental disorder in their lifetime. Mental health issues are widely prevalent today, and I’m sure many of us would know of someone who’s suffering from a mental health issue.

Yet, with a lack of insurance coverage and support, coupled with high costs from therapy, medication and hospitalisation, Singaporeans with mental health issues are left vulnerable, to deal with their illnesses and the huge financial burden at the same time.

This article was written with the intention to start more conversations around mental health issues in Singapore and to provide an additional resource for this group of individuals.

TL;DR: Resources Available To Help Reduce Financial Cost For Mental Health Issues In Singapore

The cost of mental health issues in Singapore may go up to $990/mth Existing policies available...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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