OCBC Silver Years

Why You Should Consider Home Care

Are you a caregiver struggling with looking for long-term care options in Singapore? You might want to read on and find out how home care can solve the many issues you face as a caregiver.

The current healthcare system in Singapore relies heavily on institutions such as hospitals. While they are effective in treating acute diseases such as tuberculosis, they might not be the best option for treating lifestyle diseases. Chronic diseases such as diabetes, hypertension, and stroke are known as lifestyle diseases. They are not contagious and thus, hospitals are not the most suitable option to treat lifestyle diseases like diabetes and stroke. Institutions are not dealing with our chronic health problems effectively and this is evidenced by the lack of long-term care options, bed crunch in the hospitals and expensive long-term care.

Here are some issues caregivers often face:

  • Lack of awareness for long-term care options
  • Many caregivers lack the awareness of long-term care options like home care. This is because the first point of contact for healthcare issues are institutions e.g. clinics or hospitals. Many caregivers are only aware of nursing homes and community hospitals as their options for long-term care. Not many are aware of home care as a viable option.

  • Long waiting time and queues at hospitals
  • When caregivers faced an emergency, for example, the dislodgement of a feeding tube or a fever, the first instinctive decision is to go to an A&E. However, going to an A&E is not the most viable option because you have to wait for hours before seeing the doctor and wait a few more hours for a hospital bed.

    However, these issues you face can be solved with home care services. Home care nurses or home doctors are able to solve these minor issues for you. You save hours of waiting time and transportation fees to bring your loved ones to the A&E.

  • Expensive long-term care costs
  • Many institutions like nursing homes and community hospitals are expensive despite government subsidies. A nursing home will cost about $1200 – $3500 a month without the benefits of privacy and freedom because nursing homes are strictly routinised.

Solution: Home Care

Keeping our loved ones at home amongst family is the most preferable option for most families. However, with our current healthcare model, it is difficult. Caregivers will have to deal with the strain and stresses of shuttling their loved one for doctors’ appointments, learning how to care for a patient at home and the financial burden of long-term cost. Caregiver’s stress should not be taken lightly as it affects all aspects of an individual’s life. You can check out our article on how to cope with caregiver burnout.

The solution to the issues caregivers faced is to engage in-home care services.


Source: Jaga-Me Home Care. Reproduced with permission. View orginal source.

The views, material and information presented by any third party are strictly the views of such third party. Without prejudice to any third party content or materials whatsoever are provided for information purposes and convenience only. OCBC Bank shall not be responsible or liable for any loss or damage whatsoever arising directly or indirectly howsoever in connection with or as a result of any person accessing or acting on any information contained in such content or materials. The presentation of such information by third parties during on this OCBC Bank website does not imply and shall not be construed as any representation, warranty, endorsement or verification by OCBC Bank in respect of such content or materials.

Complete your Silver Years

Wealth

Enjoy your new chapter and let your wealth do the work. Find out how Zac does it.

Learn more >

Lifestyle

Master your lifestyle by saying “can” to a wealth of new experiences, just like Ken.

Learn more >

Let us validate your retirement plan today and work towards the Silver Years you want.

Make an appointment

Wealth Product Disclaimers

Terms and Conditions apply. This is for general information and does not take into account your particular investment and protection aims, financial situation or needs. You should seek advice from a financial adviser before committing to a purchase. Otherwise, you should consider the suitability of the product. Insurance plans are provided by The Great Eastern Life Assurance Company Limited. This is not a contract of insurance. The precise terms and conditions of the insurance plans are specified in the policy contract. Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable, if any, may be less than the total premiums paid.

A copy of the prospectus of the fund is available and may be obtained from the fund manager or its approved distributors. Potential investors should read the prospectus for details before deciding whether to subscribe for, or purchase units in the fund. The value of the units in the funds and the income accruing to the units, if any, may fall or rise. Payouts are not guaranteed and may be changed at the fund manager's discretion without prior notice. Please refer to the prospectus for the name of the fund manager and the investment objectives. OCBC Bank, its related companies, their respective directors and/or employees (collectively "Related Persons") may or might have in the future interests in the investment products or the issuers mentioned herein. Such interests include effecting transactions in such investment products, and providing broking, investment banking and other financial services to such issuers. OCBC Bank and its Related Persons may also be related to, and receive fees from, providers of such investment products.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Policy Owners' Protection Scheme

Policy Owners’ Protection Scheme The insurance plans are protected under the Policy Owners' Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association (LIA) or SDIC websites (www.lia.org.sg or www.sdic.org.sg ).