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I feel Dr. Michael Leong did not walk what he talked . He died 1 year after catching his terminal illness. I read his blog especially those complaints ( few months before he died) pertaining to the slow recovery of his medical expenses from his insurance company. He emphasized very much on his insurance company’s policy. ” pay first , recover later” . Yes, that policy is lousy undoubtedly . But he should accept what it is. After he got so rich by having 12 millions for selling his business out to SPH. I doubly whether it was the added stress that killed him.! Indeed many would talk and regretfully say they should have done this and that before they meet their terminal illness , but many change to their old-selves after they have recovered their health either temporarily or permanently.
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Dear David,
I’m not too sure whether he was complaining because of how it affected him or his frustration with the overall system in Singapore. The fact is that all the private integrated shield plans in Singapore operate on the same model (ie pay first and claim later), so anyone else having such policies would have been affected in the same way.
ReplyUnfortunately not many will opt for the second option realizing that one will only live once. Many will come to regretting only after contacting the terminal illness, such as the great Steve Job.Most will choose the first option chasing more wealth, one of the reasons just in case one got to face the unexpected misfotune . Irony , isn’t it? For Singaporeans it is so pathetic, abiet they call themselves financially better, that many are not afraid to die than admitted to hospital. A sad paradox.
ReplyHi David,
I think there is also a group that are working purely to meet their daily needs. Wealth accumulation to them would be just a dream.
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