Healthcare

The greatest wealth is health!

ASK A QUESTION
Healthcare
  • Asked by Anonymous

    Charmaine Ng
    Charmaine Ng, The Code Breaker at @ Every Chye Peng Stall
    Level 5. Genius
    Answered on 18 Aug 2018
    Depends on what you like. I've had colleagues who do well with carrots & celery in NZ company culture and for all others; chocolate do the trick (dark choc with at least 70% solids are healthy and good combo especially with almond). Most important thing is look at labels and don't get anything processed if you're looking for healthy snacks. If nuts is an option for you; simply swing by cold storage for their selection by weight (the type you can select and weigh accordingly). I find it more affordable than nuts specialty shops and those packaged version seems to always be of sugarcoated or salt laden option. Otherwise if cookies are your calling(mine is), try to find your neighbourhood if there are any bakeries with healthier options.
  • Asked by Anonymous

    Clarence Chua
    Clarence Chua, Financial Planning Specialist at Prudential Assurance Singapore
    Top Contributor

    Top Contributor (Apr)

    Level 6. Master
    Answered on 24 Apr 2019
    Hey there, Welcome to the workforce! 😆 The type of plans you mentioned has different structures though the primary purpose are still for wealth protection. Get a plan that suit your needs (be it term, whole life or ILP). Understand how they work, seek out professional advice base on your circumstances and get the plan you think is best suited for you. I will recommend you to get from an advisor that you are comfortable with and not so much focus on the company. All 3 companies you mentioned above are great companies. The same types of plans in the market are also 80-90% similar in their structure even if they are different companies. So choose the advisor first then the company, I will say.
  • Asked by Anonymous

    Sandra Teo
    Sandra Teo
    Top Contributor

    Top Contributor (Apr)

    Level 6. Master
    Answered on 04 Apr 2019
    Parkway Life REIT is a popular REIT as it is the lowest-yielding REIT in Singapore and has a portfolio valuation of S$1.75 billion. First REIT was the first healthcare REIT in Singapore and its portfolio is valued at S$1.35 billion. Distribution Yield Parkway Life has a distribution yield of 4.6% whereas First REIT has a yield of 8%. The REIT is also below the average S-REIT yield which is currently more than 6%. Typically, the higher the distribution yield, the lower the valuation. Parkway Life REIT has a premium valuation as it has a below-average distribution yield. Earnings Growth First REIT has a steady revenue growth from $83.3 million in 2013 to $111 million in 2017 ( GACR of 7.01% ). Its net property income has also risen from $80.2 million to $109.47 million (CAGR of 6.71%). Parkway Life REIT grew its revenue from $93.7 million in 2013 to $109.9 million in 2017 (CAGR of 3.24%) . Its net property income expanded from $87.6 million to $102.6 million in 2017 (CAGR of 3.21%). DPU In terms of distribution per unit, Parkway REIT has steadily increased its DPU since its IPO in 2007, achieving a CAGR of 7.7% from 2007 to 2017. First REIT grew its DPU from 3.39 cents to 8.57 cents, giving investors a CAGR of 10.9%. Gearing Ratio and Cost of Borrowing As of 31 December 2018, Parkway REIT has a gearing ratio of 36.1% while First REIT's gearing ratio maintains at 35.0%. Both REITs are within MAS's gearing limit of 45%, however First REIT's lower gearing ratio provides it with more flexibility to capitalise on investment opportunities for growth. The cost of borrowing for Parkway Life REIT and First REIT is 0.94% and 3.74% respectively. Growth Prospects Parkway REIT has visible organic growth income and low cost of debt will allow the REIT to fund future acquisitions. The REIT also released in its annual report that the REIT will remain committed to grow its portfolio in Japan to ride on the country's bouyant healthcare sector. As Japan's population is ageing fast, the demand for aged care facilities would drive demand for healthcare properties in the country. The major drivers for First REIT is the growing demand for healthcare-related services in Indonesia and the progress of the national health insurance system (Jaminan Kesehatan Nasional) that aims to target the country's populace by 2019. Overall, while First REIT has a lower gearing ratio, it has a higher borrowing cost and longer term to maturity. This places Parkway REIT at a better position in the long term due to its lower cost of borrowing. First REIT's DPU increases at a higher rate than Parkway Life REIT. While both healthcare REITs have a strong balance sheet and potential for future growth, First REIT has a greater potential as it has historically been able to increase revenue without increasing its debt load.
  • Asked by Eileen Chua

    Eileen Kang-Wang
    Eileen Kang-Wang
    Level 2. Rookie
    Answered on 20 Mar 2019
    Check out our tool at https://www.smarterhealth.sg/smarter-prevention You answer 5 questions (input your age, gender, family history, budget and preferred country) and we surface the top 5 most suitable health screening packages for you in merely 30 secs! We work with some of the best, private health screening providers in Singapore and Malaysia, and offer you up to 5% off walk-in rates.
  • Asked by Kenneth Lou

    Steph Yeo
    Steph Yeo, Auntie Uncle Whisperer at Agency for Integrated Care
    Level 5. Genius
    Answered on 14 Sep 2018
    Fitness: 1) attend HPB workouts. Under their Sunrise in the City programme, there are alot of classes by alot of studios/gyms all over sg. Sign up for the mailing list so you know when the booking window opens, cuz popular slots like weekend workouts get snapped up really fast! 2) use your ActiveSG dollars if yours are still valid. Some people's expire alr. 3) if you need help getting out of bed for exercise, wear your workout clothes to sleep. Once you wake up next morning you're almost ready to go! 4) if nice workout clothes motivate you, then just buy them. But don't buy too many lah. Look out for sales at your favourite brand, check out outlet stores, and maybe go jb/usa buy. I generally refuse to buy workout clothes at their original price. 5) follow your favourite brands on social media. They often have free events that you can work out at, and most would come with some sort of discount for their products. And you'll also know when the sales are, for Point 4 abv. 6) download fitness apps and subscribe to fitness youtube channels so you can workout whenever wherever. I like the rockstar fit app by Natalie Dau, videos by blogilates (Cassey Ho) and Emi Wong are cool too, and a tabata counter app helps time my tabata workouts at home. 7) make your steps count! Apps that reward you for simply walking include the AIA vitality and HPB healthy 365. 8) if you need motivation to run, sign up for virtual races with 42race. Normal virtual races usually cost just $9.90 for various distances, and they mail a medal to your home. The medal designs are always quite thoughtful! You may also sign up for free virtual races, those come w virtual medals. And most races come w lucky draws too! 9) when on holiday, make use of the hotel gym or find a fitness class nearby. Exercise in the morning e.g. sunrise yoga by the beach, and carry on your vacation after that! 10) check out parks and nature reserves in sg instead of walking in shopping malls. 11) find a fitness buddy because exercises are usually more fun to do w a friend. Sometimes got 1-for-1 deals too. 12) make use of free/cheap trials to workout and to explore gyms! Examples are fitness first, pure yoga, guavapass, classpass. 13) find sports teams to join so you have some community support, and that would most likely push you to work harder. Check out running teams like running department, adidas runners, the high panters etc. For other sports, check out USports. If your company has sports interest groups too then just join! 14) Check if your company has corporate rates for gyms. Could save you quite abit if you're alr thinking of signing up! Diet: 1) hydrate mostly w water. Bring a full water bottle out and refill wherever since sg tap water is fine. 2) working out more often will likely make you hungry easily, so stash aside some nuts for a healthy cheap snack. Buy no-brand ones weighed out for you at bugis market, or maybe wet markets near your home will have too. 3) research on whether popular supplements like protein shakes, BCAA etc will rly help in your workout. Quite likely you're not working out at the intensity that justifies buying such pro stuff. 4) no need to buy expensive healthy/clean food like daily cut/ommivore/whatever. Modify your favourite hawker food like more veg/less rice/whole grain, or try food prepping. I'm a cheapo lazy bum so i usually just go to a cai png stall that doesn't look too oily. 5) But if you really want actual healthy food, usual cheap food hacks apply too--shop at clearance aisles, use entertainer/burpple beyond apps. Im quite glad that Wafuken is on entertainer! 6) treat yourself when you're really craving for sth. Like, if you want a coke just do the normal coke, don't do coke light/zero cuz the satisfaction level is different. If you want a latte just do full cream milk cuz it's nicer and you're not saving very many calories by switching to skinny anw. You'll be miserable/angsty if you keep forcing yourself to eat clean all the time. Your healthy lifestyle should be one that's sustainable. Have fun!
  • Asked by Anonymous

    Hariz Arthur Maloy
    Hariz Arthur Maloy, Independent Financial Advisor at Promiseland Independent
    Top Contributor

    Top Contributor (Apr)

    Level 7. Grand Master
    Answered on 13 Feb 2019
    Don't think there is any. Our local Shield Plans have a last entry age of 75, plus not many seniors would be of pink of health at that age either.
  • Asked by Anonymous

    Hariz Arthur Maloy
    Hariz Arthur Maloy, Independent Financial Advisor at Promiseland Independent
    Top Contributor

    Top Contributor (Apr)

    Level 7. Grand Master
    Answered on 23 Jan 2019
    Sadly the last available moratorium hospital plan just stopped accepting new proposals. But you can just go through full underwriting and declare your condition. You'll most likely still be accepted but with exclusions.
  • Asked by Anonymous

    Christopher Tan
    Christopher Tan, Executive Director at MoneyOwl Private limited
    Level 6. Master
    Answered on 26 Jan 2019
    Hi anonymous, thanks for your question and sorry for the late reply. If you are 43 years old, you might have ElderShield already. There is no need for you to opt out of CareShield Life as it is not compulsory for you to participate.
  • Asked by Terng Shing Chen

    Leong Wen Fong
    Leong Wen Fong, Economics and Management at University of London
    Level 6. Master
    Answered on 29 Oct 2018
    The simple and immediate solution is to eat healthier, exercise regularly, sleep properly. Just with these, I'm pretty sure you'll fall sick much less often, and thus save on the medical bills. If you really fall sick still, then make sure to go to a poly clinic (if you are a freelancing local) rather than private ones, even though the queue and the service there can be much better. Other than these, for illnesses that you may not be able to prevent, or accidents, being accidents, its definitely better to get your own insurance, and get it early. It's better to pay a small amount, to negate the risk of paying a huge amount, than save on the small payments, and if anything happens, end up having to pay a huge amount. This is especially true if you have people you are providing for, or just family memebrs. You wouldn't want your lack of coverage to cause them to have to pay your medical bills.
See more questions