Do your parents have health insurance? Is it common for elderly above 60 years old to not buy health insurance?

Hi there! My parents do have health insurance, and it’s actually pretty common for people over 60 to buy health insurance because medical costs can be high. Some people might not have health insurance if they can't be insured, and they might save money or join support groups, like clans, to help cover future medical expenses. For some interesting info, check out clan names.

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Hi, yes it is common for elderly to not buy health insurance, not because they don't want to but because some are not aware of the importance of it. My parents does not have health insurances because they can't be insured. They are in their 50s and still working, and honestly one of my biggest worries is their future medical cost.

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The only thing I can do now is to prepare their future medical costs via wealth accumulation (investment) and to make sure I have my own protection done up too because there is nothing much I can do now in regards to getting them a health insurance.