Daily Markup #864: Homage partners SingLife to provide greater access and reduced service rates for home and nursing care in Singapore

Photo credit: SingLife

A better care package

  • Did you know that 1 in 2 Singaporeans over 65 could become severely disabled in their lifetime?.
  • Disabilities could leave the elderly unable to perform daily activities such as washing, dressing, feeding, toileting, and moving around, necessitating some level of caregiving or supervision.
  • Managing disability could also become a financial burden on the patient and their families when considering the high cost of long-term care such as caregiver expenses, medication, and therapy.
  • To offer a more seamless and preferred pricing for families who need extensive assistance for home care and nursing care, 500-backed healthtech company Homage, which delivers on-demand home and community-based care for seniors, and insurance provider Singlife have partnered up under the newly launched Singlife Care Collab program.
  • Through this collaboration, Singlife CareShield policyholders will gain better access and enjoy reduced service rates on caregiving services, such as a Severe Disability Assessment, financial counseling, and guidance on applying for financial assistance schemes and caregiver grants.
  • This partnership also helps to raise awareness about the importance of long-term care planning and the challenges faced by an ageing population.
  • Read the full story on The Straits Times.


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