Tuesday, June 26, 2012

Financial IQ: Medical expenses during retirement years

English: Dolphy, Filipino actorEnglish: Dolphy, Filipino actor (Photo credit: Wikipedia)
Financial IQ Philippines Quick Hit(s):

Dolphy's medical expenses in Makati Medical Center is sure to be very expensive.  This is the reason why having a long-term healthcare is a necessity for our retirement years.


Comedy King Dolphy (Rodolfo Vera Quizon) is reportedly now on a “do not resuscitate” (DNR) status at the intensive care unit of the Makati Medical Center.


According to a source inside the hospital, the 83-year-old veteran comedian has been placed under DNR status since Saturday night and that actress Zsa Zsa Padilla and the comedian’s children have reportedly agreed not to have him revived should he register a zero heart rate.


As of yesterday, Dolphy remains in critical but stable condition due to a number of medical complications.


Eric Quizon, one of Dolphy’s celebrity sons, said that his father’s lungs are very weak. He said that his father’s hemoglobin count remains low, which is why they need more blood for transfusion.


Dolphy is suffering from chronic obstructive pulmonary disease, a common lung disease, which has two forms - chronic bronchitis defined by a long-term cough with mucus, and emphysema defined by destruction of the lungs over time.


Meanwhile, MalacaƱang and several key government officials joined the world of showbiz and the nation in praying for Dolphy’s speedy recovery.


“We enjoin the Filipino people to pray for Dolphy. We are united in our intentions for our revered icon of the Philippine entertainment industry,” presidential spokesman Edwin Lacierda said.


According to Lacierda, President Aquino’s thoughts were with Quizon and his loved ones in these trying times.


Before leaving for Saudi Arabia, Vice President Jejomar Binay also asked the people to pray for Dolphy’s family and loved ones.


“My family and I join the entire Filipino nation in praying for the immediate recovery of Dolphy Quizon and for guidance and strength for his family and loved ones in this hour of need,” Binay said. 


“He has given the people so much happiness in his sterling career as an actor, and has spoken to and for the Filipino. For this, he deserves our fervent prayers,” he added.


Senators Manny Villar and Pia Cayetano, who ran under the Nacionalista Party in 2010 when Dolphy campaigned for them, were among the first who expressed concern for the comedy king.


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