Money and Me: Is it too late to think about healthcare insurance for my elderly parents?

Insurance is all about planning ahead but what can you do if you've just realised your parent is turning 70 and you're worried about healthcare costs? Will the amplification power of insurance still work if you start later in life for your parents? Elijah Lee, Financial Services Manager, Phillip Securities and Michelle Martin break down the details of healthcare insurance for our elderly parents. See omnystudio.com/listener for privacy information.