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Singaporeans unprepared for health costs of longer lives

While Singaporeans enjoy the longest lifespan in the world, preventative healthcare has a big role in ensuring quality of life.

"We want to go beyond covering (customers') medical bills to coming up with innovative solutions to help them live well for longer. Staying healthy is the best strategy to keep one's medical expenses low in the long run." - Prudential Singapore chief executive Wilf Blackburn

NEARLY half of healthcare practitioners believe Singaporeans will be hard-pressed to cope with the health expenses of living to 100, a survey by Prudential has found.

This is because a greater number of them possibly need to manage more than one chronic disease in their old age.