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Anonymous

12 May 2022

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Anyone has MOH link to show statistics of ADL trends. I heard that most encounter at least 2 ADL. was thinking is it worth to pay more for 1 ADL coverage supplement plan

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Albert Tan

23 May 2022

Financial Literacy & Solutions at MoneyOwl

Page 15 to 17 documents ageing and ADL trends in SG. https://www.careshieldlife.gov.sg/content/dam/c...

Depending on the level of care you require, long term care costs range from $1,100 to more than $3,000/month. (Source: AIC)

Integrated Home and Day Care (IHDC) packages range from $1,100 to $2,200/ month.
Median cost of VWO nursing homes for severely disabled patients is about $2,400/ month.

Basic CareShield Life payouts start from $600/month, increasing at 2% per year, and will be reviewed in 2025. Do you think it is worth getting a supplement plan?

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