Know more, fear less - Be vigilant about critical illness
How would a critical illness impact you, your family and your life plans? Trends showing critical illness patients are getting younger. To avoid sudden and overwhelming medical expenses, early planning is a solution.
Overview of critical illness data 2019
Costs of treating critical illnesses
Many people have the impression that one medical insurance policy is enough for all future medical expenses. But not only are critical illness treatments expensive, the post-treatment rehabilitation process can also be very long and costly.
Around 90% of stroke patients suffer from hemiplegia, or paralysis on one side of the body. At the same time, the severity of a stroke directly affects the amount of time needed to restore neurological functions: 2 months for a mild stroke, and 5 months for a moderate stroke. Patients who have suffered a severe stroke would even require at least 18-month rehabilitation6. And a patient with mobility issues will need not only physiotherapy but professional home care service.
Things you should know about the impact of a critical illness
The impact of a critical illness is not only physical and financial. In the case of a patient of moderate financial means, even their family’s quality of life and prospects can suffer.
Just because you’re healthy now doesn’t mean you don’t have to be alert to the possibility of an unexpected critical illness. Make sure you won’t be caught off guard and have a check in advance to see if you have sufficient medical and critical illness protection. A critical illness policy can give you the crucial support of a lump sum benefit during the costly treatment and rehabilitation journey. More importantly, the larger your reserve, the more financial resources you would have to fund different medical options. If you don’t make any claims during the term of the policy, you could even receive a full refund of the premium paid. With the right protection, you are backed up in health and in sickness.
Sources:
- World Health Organisation
- Hospital Authority: Overview of HK Cancer Statistics 2019.
- Hong Kong Cancer Registry: Top 10 Female Cancers in Hong Kong (2019)
- Jockey Club Institute of Cancer Care Survivorship Clinic
- Integrative Medical Centre, The Chinese University of Hong Kong
- Lotung Pohai Hospital: Securing treatment during golden period helps stroke patients resume normal life
- Hong Kong Sanatorium & Hospital: Stroke Rehabilitation Service Package
- Active Global Specialised Caregivers