Over the past few months, the government’s policy changes to healthcare and hospitalisation have shown that we can no longer rely on our Integrated Shield Plan alone to cover us for the cost of falling ill. With the recent spotlight on cancer treatment costs, not many people are aware that the cost of cancer is not limited to one’s hospitalisation bills alone, but also from outpatient treatments, ongoing drugs and medications to manage the condition, caregiving costs and even a potential loss of income. After having seen a few of my friends battle cancer, I’ve come to realise that the growing need for critical illness coverage (or at least, cancer protection) is now one that we can no longer afford to ignore.
In case you didn’t notice last month, the Singapore government rolled out a significant policy change in its fight against rising cancer costs. The biggest change is that cancer patients will now only...
