Rising Medical Costs and Caregiving: What You Need to Know [Chills 244, Sponsored by OCBC]

Tackle some of the toughest challenges faced by caregivers and those planning for an uncertain future. From navigating the emotional weight of caring for loved ones, to the complexities of healthcare systems and managing financial stability, this discussion goes beyond the surface.

🎙️ Guests in the Spotlight:
Dr Chong Poh Heng, MD, HCA Hospice ─ a leading figure in palliative care, brings a wealth of knowledge on the intricacies of end-of-life care, and the delicate balance of family dynamics during these times.
Bertha Henson, Independent journalist ─ author and full-time caregiver, opens up about her personal journey caring for her mother with Parkinson’s, shedding light on the daily emotional and financial realities of caregiving.
Timothy Liew, Head of Investments,OCBC ─ shares his expertise on how to plan financially for caregiving, the importance of insurance, and investment strategies to ensure your family's financial security amidst growing healthcare costs.

You’ll Hear:
The emotional weight of caregiving, from burnout to breakthrough moments.
Smart financial strategies for tackling the financial strain of healthcare, from insurance to investments, and how to avoid the traps that drain your savings.
A critical look at Singapore's healthcare system, uncovering the gaps, the resources available, and what caregivers really need to know.
Insights on what the future holds for our aging population, and why we all need to start thinking about it now.

This is a raw, no-fluff conversation about the realities we’re all facing. Tune in for the facts, the struggles, and the action steps you can take today.

00:00 - Introduction
02:17 - What are the main functions of the Singapore Hospice Council?
02:58 - What are some of the key needs of caregiving families?
03:48 - What’s the process of caregiving been like from your perspective?
05:00 - How should new caregivers approach their role based on your experience?
21:35 - How should we approach rising medical costs in our financial planning?
31:48 - Millennials have more caregiving choices than ever, where do you start?
34:35 - Is it realistic to expect investments to outpace medical inflation?

Q&A Section
36:12 - What do you think about having an Advanced Medical Directive for yourself or for loved ones?
38:05 - What’s the state of nursing homes in Singapore, especially for singles?

🎁 Join us on 29 & 30 November 2025 for The Price of Tomorrow: A Financial Wellness Festival.
Seats are Limited. Secure them here: https://ocbcpriceoftomorrow.peatix.com/

[The Price of Tomorrow, presented by OCBC, is held in conjunction with The Financial Coconut and RICE Media to take a holistic, human look at the role of money in our lives.]

Disclaimer: The views and opinions expressed belong to the guest/content creator, and do not represent the views of OCBC Bank. The content discussed in this episode is intended for educational purposes only and should not be considered as financial advice. The information provided is based on our understanding at the time of recording and may not reflect the current regulations or market conditions. The opinions expressed by guests are their own and do not necessarily represent those of The Financial Coconut. Please do your due diligence before making any investment or financial decisions.

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⚠️ Disclaimer:
The content discussed in this episode is intended for educational purposes only and should not be considered as financial advice. The information provided is based on our understanding at the time of recording and may not reflect the current regulations or market conditions. The opinions expressed by guests are their own and do not necessarily represent those of The Financial Coconut. Please do your due diligence before making any investment or financial decisions.