Cancer among millennials. Young but not invincible

When we are young, it is easy to perceive ourselves as invincible, believing that health issues, including serious illnesses like cancer will only affect older folks. However, the statistics have spoken – youth does not grant immunity to health challenges.
 
Full article here: https://www.ft.com/content/90d5f2e3-d539-4149-a503-2114ac3ef355
 
In Summary 
Over the past 30 years, there has been a significant increase in the number of young people developing cancer. This rise in “early onset” cancer among those under 50 years old has been called an epidemic by experts. 
Data shows that cancer rates in people aged 25 to 29 have increased by 22% between 1990 and 2019 in developed countries. Rates for 20- to 34-year-olds in these countries are now at their highest level in 30 years. Among 15- to 39-year-olds, cases of colorectal cancer increased 70%.
 
Some Possible reasons:
(1) Changes in diet: The consumption of food high in saturated fat and sugar (for millennials in their early life) is believed to alter the composition of the microbiome in ways that can harm an individual’s health.
 
(2) Changes in lifestyle: sedentary behaviour, and excessive alcohol consumption, are prevalent among millennials. These lifestyle choices can contribute to obesity, which is linked to an increased risk of several cancers, including breast, colorectal, and pancreatic cancer. Alcohol also increases the risk for several cancers (mouth, pharynx, larynx and esophagus).
 
(3) Delayed Childbearing: The decision to delay childbearing has become more prevalent among millennials due to various reasons. Giving birth for the first time at a young age are factors known to confer protection against breast cance.
 
 
Spotting cancer early:
Early detection can greatly improve the chances of successful treatment. Some early signs to take note of are:
 
(1) Unexplained Weight Loss: If you’re experiencing unintended weight loss without any changes in diet or physical activity.
(2) Persistent Fatigue: Feeling constantly tired and lacking energy, despite getting enough rest.
(3) Unusual Changes in the Body. For example, the presence of new lumps or bumps, changes in the size, shape, or color of moles, persistent pain in specific areas, unexplained bleeding or bruising, or changes in bowel or bladder habits.
(and if you ever feel uncertain or in doubt, just consult a doctor!)
 
What you can do for yourself/loved ones:
(1) Stay in tune with your body and look out for red flags
(2) Make fitness, a healthy diet and health a priority. 
(3) Review your own insurance coverage
(4) Review your children coverage
(5) Spread the awareness

For a review of your coverage, you can contact me here

Cancer Drug List – What your IP Covers (Singlife Aviva)

TLDR version

Singlife MyShield Plan Coverage (with or without the existing copayment riders): 5X MediShield Life Limit

Across all 7 insurers, Singlife has the lowest cover as there are no extra benefit/coverage from having a rider (HealthPlus etc).

However, Singlife is also the only insurer (as of the date of this post) who has launched a cancer medical reimbursement plan that will cover the charges for outpatient cancer drug treatments (including drugs not on the cancer drug list) at a much higher limit. It also covers selected cancer treatments such as Inpatient and Outpatient Cell, Tissue and Gene Therapy and Proton Beam Therapy.

Coverage is as charged and the plan will cover, in excess of deductible, up to S$1.5million per policy year.

More FAQ on Singlife and the CDL Coverage

Conclusion: If you are Singlife Policyholder and if health allows, it is important to get this cancer cover plan as the coverage offered by just MyShield alone (5x MSL) will be insufficient.

Do drop me a WhatsApp if you would like to find out more.

info correct as of 31st march

Cancer Drug List – What your IP Covers (AIA)

the TLDR you need.

Integrated shield plan will no longer offer ‘As-Charged’ coverage for cancer from 1st April. This is in line with the MOH policy and MediShield Life (MSL) changes.

For AIA Healthshield Gold Max A policyholders, do note the below coverage for drugs ON the cancer drug list:

AIA Cancer Coverage with the Cancer Care Booster: 21x MediShield Life Limit
AIA Cancer Coverage without the Cancer Care Booster: 5x MediShield Life Limit

This AIA Cancer Care Booster Rider will be launched from 1st April. It is automatically added if you have the Vitalhealth/VitalCare Rider, on policy renewal.

If you do not have the rider, please note that we will have to apply for it separately. There is a window period for application without underwriting.

More FAQ on AIA and the CDL Coverage

Conclusion: Beyond just covering for copayment, the rider is now a necessity if you want to be covered at a more relevant level. Even then, it may be prudent to consider an extra, standalone cancer rider. Do drop me a WhatsApp if you would like to find out more.

info updated as of 29th march – AIA increased the benefits of cancer booster

Cancer Drug List – What your IP Covers (NTUC Income)

the TLDR you need:

Integrated shield plan will no longer offer ‘As-Charged’ coverage for cancer from 1st April. This is in line with the MOH policy and MediShield Life (MSL) changes

For Income Enhanced Incomeshield Plan, do note that coverage will be based on the below for drugs on the cancer drug list.

If you have the main plan and rider (Deluxe Care Rider / Plus Rider / Classic Care Rider / Assist Rider)

(Private Hospital) Preferred Plan + Rider: 15x MSL Limit
(Govt A Ward) Advantage Plan + Rider: 12x MSL limit
(Govt B1 Ward) Basic Plan + Rider: 9x MSL Limit

If you have the Main IP plan only

(Private Hospital) Preferred Plan: 5x MSL Limit
(Govt A Ward) Advantage Plan: 4x MSL limit
(Govt B1 Ward) Basic Plan: 3x MSL Limit

Conclusion: Beyond just covering for copayment, the rider is now a necessity if you want to be covered at a more relevant level.

And while Incomeshield is still one of the most consistent and premium/coverage competitive plans available in the market. it may be prudent to consider a standalone cancer rider that can cover you more comprehensively. Whatsapp me at to find out more/

Important FAQ for Incomeshield & CDL: https://www.income.com.sg/kcassets/0c89df93-3c49-4ea8-b730-26a9449c6d5d/1%20April%202023%20cancer%20drug%20changes%20FAQs.pdf

I will summarise on the other insurers in the subsequent posts.