Battling a critical illness can be tough. It is a long-term affair and can put a large stress on one’s finances and emotional health. From the medical bills involved in the treatments for critical illnesses to facing difficulties with paying for necessities, it is no surprise that one in three of critical illnesses patients have spent all or most of their savings battling critical illnesses.
The True Financial Cost of Being Critically Ill
Image Source: Manulife
Ranked as the second most expensive country to live in, it is inevitable that the costs of healthcare in Singapore are costly as well. For those battling critical illnesses, it is not solely the one-time costs that they have to bear. There are also long-term costs of treatment for critical illnesses involved. Between the emotional trauma and challenges and the financial distress one faces when critically ill, patients, as well as their loved ones, often find financial concerns the biggest challenge....