Sunday, 16 April 2023

Dementia - more than an active mind

 Someone shared the importance of having an active mind to ward off dementia.


My opinion is that Dementia is a complexed neuro degradation illness. 

It is more than just keeping an active mind.

1. Stenosis in Brain Arteries and Veins narrowing can also cause it.  It's everyone's "luck".

2. Keeping ourselves well hydrated, exercise, no 3 fiends.

At all times, keep blood pressure, LDL, triglycerides n diabetes in-check.

3. Just make sure to also guard our head against severe head-blows.

4. Recently saw someone who had brain stenting, caused by brain swelling or cerebral edema.  It is an increase of pressure in your head that may disrupt the blood-brain barrier.

5. Regular (daily) bowel movement. Keep our blood clean from excess fat and iron accumulation.

A majority of water is absorbed into our blood stream through our small intestines. 

The more waste, fats & rotting decays piled up at our stomach n intestines, the more contaminated it gets into our blood.

If you notice, even keep waste food in the waste bin for a day, one could smell foul smell. What more in our body for few days!

6. Regular blood donations replenishes the new blood and reduce iron accumulation in our blood. 

Each time I went for my regular blood donation, the nurses will keep asking us to replenish our water hydration.  I wonder why? still thinking?

7. Alcohol-related 'dementia' is a type of alcohol-related brain damage (ARBD).  Excessive alcohol consumption over a lengthy time period can lead to brain damage, and may increase your risk of developing dementia.

8. Just make sure to also guard our head against severe head-blows.

https://www.webmd.com/alzheimers/dementia-head-injury

9. Recently saw someone who had brain stenting, caused by brain swelling or cerebral edema. It is an increase of pressure in your head that may disrupt the blood-brain barrier.


But to each his own way to good health.

Sunday, 2 April 2023

Should buy CareshieldLife rider?

My two colleagues who are my cohort shared on two real personal Caregiver cases; which CareshieldLife rider helps cushioned their Community Hospital long-term stay bills.

One patient is his mum; the other is a stroke patient; both requiring long time stay.

With CareshieldLife rider payout, Tier 1-to 3- level payout, the bill payments are cushioned significantly.

I am convinced. Currently fit and healthy, does not guarantee the future health state.

Today morning I saw another cohort who recently had a stent implant on his brain to drain excessive fluid.  

So, I free free visited Ntuc Income Branch to enquire on CareshieldLife rider or "INCOME Care Secure".

At my age 59, unable 2 out of 6 ADL (Activities of Daily Living),


1.  Fresh quote from Aviva for CareshieldLife Rider

Comparing premiums

AIA CareshieldLife rider, lock-in premium, how much you pay?

Because AIA uses Aviva back-bone to its policy.   So better to buy direct from Aviva.

Ntuc premium n coverage is much inferior; Ntuc does not have additional Caregiver cash payout = 60% more. Yet Ntuc premium is same as Aviva.

Actual cash premium is not much.  Compaing Tier1 to Tier3:  $54.91 vs $657.88 vs $1,286.98 respectively.

Payout
This rider pays over n above the CareshieldLife payout.

Upon 1 of 6 ADL, waiver of premium.
Upon another 2 of 6 ADL, payout starts to claim for life.


2. NTUC PAYOUT FOR CareshieldLife Rider

Tier1: $1k p.m. payout till 84yo

Premium: $1,202 p.a payable till 84yo. Of which $600 (max from CPF-MA) + $602.03 (Cash).

It is a Lock-in premium for life.


Tier2: $3k p.m. payout, 2 of 6 ADL,

Lifetime Premium: $4,440.50 p.a.


Tier3: $5k p.m. payout, 2 of 6 ADL,

Lifetime Premium lock-in $8k p.a.

~~~~

The Agent advised me to buy Aviva instead; which covers 1ADL at much lower price. I have just approached my Aviva Agent.


Thinking aloud, afterthought.

Pay $1.2k p.a. --> $1k p.m. payout (total: $12k p.a.)

Pay $4.4k p.a. --> $3k p.m. payout (total: $36k p.a.)

Pay $8k p a. --> $5k p.m. payout (total: $60k p.a.)

~~~~~

3.  Is it worth it to pay and cover till age 84?

Is the anyway that I can invest to self insured?

Much earlier "we" bought two INCOME VivoRetire policies.

Total Premiums paid: $60k x 2;

Payout: $10k x 2 x 10 p.a. = $20k p.a. from age 66 to 75.

Total Premium: $120k --> Total payout $200k. (INCOME usually fulfills its payout)

So, at least we were covered minimally at Tier1+ till age 75.