Sunday, November 4, 2007

40 years of his Medisave wiped out in 3 months


40 years of his Medisave wiped out in 3 months

This was the headline as regard to a man who did not insure his daughter for medical insurance, and unfortunately ovarian cancer strikes and medical bills wiped out his medisave.

I have always cautioned and written about this, though it can be sensitive issue, but let's face it, Shield Plans are important, if a need arise.

My advice remains, do not procastinate, do not compare until it is too later.

Take ACTION !

I have placed many examples, actual bills in previous postings for your information. I believe in educating you with real life examples. Look at that one with bone marrow transplant for a boy.

The common notion as written in the report.

Case 1
He thought they didn't need it
'I don't know how I'm going to pay. This is my fault. It never occurred to me to buy my children health insurance. I didn't think they'd fall seriously ill.'
MR MOHAMMAD ABDULLAH, whose daughter Siti Aishah was diagnosed with ovarian cancer.

Case 2
They waited too long
'We were planning to get insurance for the children but always procrastinated. After our daughter's illness, we wasted no time buying health insurance for both our children.'
MOTHER OF A SEVEN-YEAR-OLD who contracted leukaemia