Insurance kills and Inheritance losses.

@id_peace (14005)
Singapore
September 16, 2020 6:44am CST
After doing a few checks, we are certain that my dad's medical bill can be reimbursed via insurances. It is a good news. At the same time, the next year insurance bill came and we need to pay almost $7,000 dollars for my dad's insurance. It worked out to $2,000 odd dollars per person. I paid upfront ahead as I had saved up my bonuses for it. My sister had put up the suggestion that they should have dual key condo with our parents. However due to the fact that cash upfront is heavy, so my parents will have to sell their house to come up with the first cash installment. As the house is a part of the inheritance, it essentially meant that we had a loss of the inheritance.... Nah, me and my sibling do not felt sad. I felt happy that my parents did take the time to make sure that we understand the complication as this house is taken out of the inheritance. They had given the mutual respect to us by talking to us about it and tell us that they will not proceed if we objected to it instead of acting immediately instead and cut us out directly. On my part, of course I do not have any objection. On my dad's health condition, we are getting second opinion from the head of the oncology. We will see what is his advice before the next step ahead. Since we have the insurance reimbursement, we could go for private hospital which is more costly but it is way quicker.
13 people like this
13 responses
@LadyDuck (471969)
• Switzerland
16 Sep 20
I am very sorry for this high bill to pay, the important is that your father can get better.
3 people like this
@marlina (154131)
• Canada
16 Sep 20
@LadyDuck , Yes, the important thing is that his Dad gets better.
2 people like this
@marlina (154131)
• Canada
16 Sep 20
3 people like this
@LadyDuck (471969)
• Switzerland
16 Sep 20
@marlina I would not care about inheritance, the health is more important.
3 people like this
@just4him (317249)
• Green Bay, Wisconsin
17 Sep 20
I hope everything works out for your father. That's a high insurance payment you need to meet. I'm sorry your parents need to sell the house to make everything work.
2 people like this
@id_peace (14005)
• Singapore
18 Sep 20
As long as they are getting taken care of, the selling of the house is not too much of a big deal.
2 people like this
@just4him (317249)
• Green Bay, Wisconsin
18 Sep 20
@id_peace That's good it isn't.
2 people like this
@id_peace (14005)
• Singapore
18 Sep 20
In a way it is even through I dislike the idea of selling the house which I was in for the past 30 years. But having to say that as long as they are been taken care of, I think that it would be the best solution.
2 people like this
@psanasangma (7281)
• India
16 Sep 20
Insurance reimbursement really takes times.. it is always pay first but in return you will get back with interest
2 people like this
@id_peace (14005)
• Singapore
17 Sep 20
It is pretty quick in our case. It comes around 2 weeks after.
2 people like this
• India
17 Sep 20
@id_peace glad to learn..
2 people like this
• Philippines
18 Sep 20
Thats a lot of money, but it's worst than having none. I used to pay some insurance but i discounted it and later the insurance company some how went into bankrupcty.
2 people like this
@id_peace (14005)
• Singapore
18 Sep 20
Wow did you get new insurance?
1 person likes this
@DianneN (247186)
• United States
16 Sep 20
I'm very sorry that you still have so much to pay even with insurance. I do hope your father can beat his disease and get well.
2 people like this
@id_peace (14005)
• Singapore
17 Sep 20
Thank you so much. I do hope and I do think that it could be beaten so long as it does not spread as it is stage 3 and based on my research it is not as aggro as the other cancers.
2 people like this
@DianneN (247186)
• United States
17 Sep 20
@id_peace You’re right. I will keep your father in my thoughts and prayers just to be safe.
2 people like this
@FayeHazel (40243)
• United States
17 Sep 20
I'm happy that you can get reimbursement. But sorry about your parent's home. At least there is some clear communication happening though. I would say private hospital a good idea - health is wealth
2 people like this
@id_peace (14005)
• Singapore
18 Sep 20
Absolutely on the private hospital. The queue to the treatment is way shorter and the doctors are way more experience.
2 people like this
@id_peace (14005)
• Singapore
19 Sep 20
Thank you so much. I am satisfied with the route as well.
2 people like this
@FayeHazel (40243)
• United States
19 Sep 20
@id_peace I'm happy that is the route you choose
2 people like this
@jstory07 (139782)
• Roseburg, Oregon
23 Sep 20
I hope your Dad will improve health wise.
1 person likes this
@id_peace (14005)
• Singapore
23 Sep 20
Thank you so much for the blessing.
@marlina (154131)
• Canada
16 Sep 20
Sending my best wishes to your Dad
1 person likes this
@id_peace (14005)
• Singapore
17 Sep 20
thank you for the well wishes.
1 person likes this
@thelme55 (77168)
• Germany
16 Sep 20
That is a lot to pay for an insurance. I hope your father will feel better soon.
2 people like this
@id_peace (14005)
• Singapore
17 Sep 20
The more senior a person is, the higher premium. Thank you so much for the blessing
2 people like this
@LindaOHio (181308)
• United States
16 Sep 20
That is a lot to pay for insurance. I hope it all works out. I'm sorry to hear about your dad. Please keep us posted.
2 people like this
@id_peace (14005)
• Singapore
17 Sep 20
Thank you so much. We have the insurance workout for now. I will keep everyone updated.
2 people like this
@Jrccmn32 (15)
16 Sep 20
I am very sorry about the insurance cost, I to have some of the same problems, Pay 3K per year for insurance one person, and end up with 7K in bills by the end of the year. Really cannot wait for the time when I don't have to worry about this you pay, then you pay again, than finally we might pay something. I don't feel sorry for the greedy insurance companies that do this to people. I wish your father well and a solution to this comes sooner than later.
1 person likes this
@id_peace (14005)
• Singapore
17 Sep 20
Thank you for the well wish and we will come out with something eventually
1 person likes this
@Janet357 (75646)
16 Sep 20
I know this problem. Getting hospitalized will drain your savings. Everything you have worked hard for will go to the hospital bills. Bu the.way, what's the medical condition of your dad?
2 people like this
@id_peace (14005)
• Singapore
16 Sep 20
It is a chicken and egg thing. Either insurance drain us or the medical fee drain us. Sometimes both. My dad has a stage 3 Prostrate Cancer.
@happylife1 (13404)
• Karachi, Pakistan
20 Sep 20
yes making plan is so good
1 person likes this