"What do I need to know so as not to burden my children?"
This was a question from one of the participants during an online session held in partnership with Tsao Foundation and NLB on 16 Sept 2021.
The topic was 'Help! I don't want to burden my children' and we explored possible reasons why parents could feel like they're burdening their loved ones and ways to work around it.
So what can possibly help?
If you've ever tried:
a. ploughing through the fine print of insurance policies,
b. calculating your way to the best home loan: fixed or floating? or
c. figuring out the 'healthiest' options in the supermarket aisles,
you'll know that: we don't know what we don't know.
But once we do, the more we realise we don't know very much.
Because as with most new things we encounter for the first time, it's a whole new world for us - the terminology, the (often unspoken) rules, the shortcuts to getting things done better and faster - all of which are familiar only to insiders.
So until we get there, it's going to be a struggle if you really want to dive in and get a good grasp of things.
It's the same with healthcare, but ESPECIALLY healthcare.
Because unlike most other things, we're confronted with the complex web of care only at the point of crisis: mum has fallen, says she's in pain and the A&E is your first solution.
Sure, the insurance you bought her can cover some of the bill.
But what about coverage for the emotional stress you all are about to experience if her condition turns out to be something more serious?
Who's going to care for her after she gets home?
What're the other sources of help available?
(Can you tell your home care from your day care from your integrated home and day care?)
What's the eligilbity criteria for different services
And what're the subsidies applicable?
A million dollars and a domestic helper will not solve the problem.
Knowing your options and being psychologically prepped will.
Sometimes ignorance offers no second chance...so let's start the conversation today! With friends and with those whom we know we'll be caring for in time to come.
Feel free to post here or in our safe space by clicking on the GROUPS tab above and joining the private group. Hear from you soon! 😄