Understanding Cancer Treatment Costs - Standard Chartered Singapore

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Cancer is the number one killer in Singapore according to the Ministry of Health^¹. In 2018, it accounted for 28.8 percent of deaths in Singapore. Pneumonia ranked at number 2 as a little over a fifth of all deaths were caused by this deadly lung infection. The other leading causes of death are heart disease, stroke, and kidney-related ailments. Although diabetes makes a lot of headlines, it only kills about 275 people in Singapore every year which puts it in at number 10 on the Ministry of Health’s list. This number pales before the 14,000 plus deaths that diseases like cancer, pneumonia, and heart-related ailments cause. And while these diseases can cause immense emotional and physical suffering, they can also be very expensive to treat.

While diabetes is more of a lifestyle disease, cancer is far more serious. It is the leading cause of death in Singapore. Additionally, treatment is expensive. Given its prevalence in the country, it’s advisable to have some form of financial backup in the event you or a family member is diagnosed with cancer. Remember that the fight against cancer can be long and arduous. It can drain you emotionally and financially, as well. It’s practically impossible to prepare yourself to face the stress that the onset of this disease can cause, but you can take steps to protect yourself financially.

Sources:

Ministry of Health – Principal Causes of Death

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