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Feb 3, 2007

TAKING STOCK

STI breaks 3,200 mark with few signs of bull run ending

Pre-Budget hopes, strong economy and firmer property market fuel gains

By Goh Eng Yeow, Markets Correspondent

A POTENT mix of New Year fever and pre-Budget expectations propelled the share market on to a dizzying bull run yesterday that ended with another record high close.

The Straits Times Index (STI) rocketed 49.58 points to 3,217.68, bringing the gains over the past two days to an eye-popping 92.12 points, or 2.95 per cent.

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'Pre-existing condition' strikes out cancer patient's insurance claim

Jan 31, 2007

Aviva panel says tumour started growing before policy took effect

'Pre-existing condition' strikes out cancer patient's insurance claim

Plan excludes coverage, but some rival firms say they would have paid

By Lorna Tan, Finance Correspondent

A 45-YEAR-OLD woman diagnosed with breast cancer thought her medical bill was covered by her insurance policy, but a rude shock awaited her.

Backed by medical reports, her insurer Aviva said that the 9cm lump found in her breast had begun growing before her policy took effect.

It refused to pay, saying her cancer was a pre-existing condition at the time that she signed up for her MyShield hospitalisation policy - never mind that she had no idea at the time.

Fortunately for Ms Simone Vaz, her company has paid for the bulk of her medical bills. She also managed to receive payouts from two critical illness policies, one of which she had signed up for at the same time as her MyShield plan.

Still, her case has turned the spotlight on an often-overlooked but vital issue in medical insurance - the definition of a pre-existing condition.

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No. 1 killer of women? Most here don't know

Feb 2, 2007

No. 1 killer of women? Most here don't know

Majority can't name risk factors of heart diseases and stroke, survey on women finds

By Judith Tan

THE majority of women in Singapore are not aware of what the top cause of death is among women here.

They are not even able to name the important risk factors of women's No. 1 killer, heart diseases and stroke.

These were some of the findings of a recent telephone survey conducted among some 1,000 women aged 35 to 49 here.

The study was conducted randomly between June and August last year by the Singapore Heart Foundation.

While almost one in three of the women surveyed thought there was nothing they could do to prevent a heart attack, two in five thought they were at low risk of an attack for women their age.

It also found that the majority of the respondents were not even aware that men and women have different symptoms of a heart attack or that women's risk of heart disease increases after menopause.

Two in three deemed that chest pain is a warning sign associated with heart attack, while one in three from the 50 to 64 age group thought they were at low risk of heart attack for women their age.

More than half did not know that women are more likely to get heart disease after menopause.

Principal researcher Lew Yii Jen said that from the survey, a lower percentage of women consider heart disease and stroke as important health issues facing them, compared to cancer.

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