Harvesting the people’s savings

What are you saving for? Or who are you saving for? Yourself of course : ). I am asking stupid questions again. But I have been thinking lately. I have come to the conclusion that the saver is actually a proxy. Though it looks like he is saving for himself, actually there are 3 real beneficiaries to his life long savings. They are the ones who will harvest the savings of the people. We have been told that we will live till 80 or 90 years. Think about it, by the time a person passes 60, the chances of admission to a hospital grows everyday. By the time he crosses 80 or 90, the probably could be as high as 80% to spend time in our world class hospitals. They are beckoning, come, we will take very good care of you, at a very affordable fee of course. Can’t expect world class facilities, services and professionals to provide free or cheap services right? Just be prepared for a $200k or $300k bill. This is likely to be the average and right size bills in times to come. So, with a few hundred thousands in savings, be very afraid that it can be wiped out in one admission. I can see fear and cold sweat running down the cheeks. Just one admission can bankrupt any average Singaporean. Fear not, for I am your savior. I know you by name and you shall be in good hands. In comes the other big beneficiary of your savings, the insurance man. He will offer you all his best schemes to help you pay for your stay in the world class hospitals. In fact he has been working very hard, thinking of all kinds of schemes, to help you. Very nice and caring people, next to those in the world class hospitals. With the two, you can rest in peace. I bet the hospitals will be most happy knowing the insurance man is going to help their future patients. They probably thank the insurance man for making hospital bills more affordable. And with the payment reduces to maybe $8, the hospitals will be encouraged to make their bills more affordable. Can’t blame them. Training a world class profession is very expensive. And world class facilities won’t come cheap. But they will promise you that their service will get better and betterer. You will be in good hands. Should the hospital raise their fees, the insurance man will coming running to you and happily chanting, fear not, fear not. My Maserati is on the way, just order another one. He will swear that he will not tire to work out the best schemes for you to make sure that your hospital bills will be affordable again. The people are so lucky. Would I need the services of these kind souls? Actually I will be a disappointment to them. After crossing the golden 60, every day is a bonus. Enjoy and make the best out of it. This piece of flesh is going to get more crappy everyday, no matter what one does. It is dust and must return to dust. And when he calls for you to go home, just go lah. He has many palaces waiting for you. Don’t be an asshole and keep him waiting. Don’t throw away your good money to be hooked up in wires and tubes and think that he can’t get you. He does not want your wasting body. He only asks for your spirit. No need to pay a ransom to keep a piece of rotting meat warm. Put it in the freezer will be cheaper. Burn it and throw it into the sea is as good as free. I think I have better use of my money than for it to benefit the two big jaws. The palaces in some remote places are more interesting and worthy to do some charity, and to share and bless the less well off folks. PS. According to a reply by Karen Tan from MOH, the average C Class ward bill is $1,600 and the majority of the patients did not have to pay anything out of pocket. A $100k bill is rare. She emphasized that C Class bill is very affordable. So there is no need to worry about the above scenario. It is probably a fictional situation in the future.