Serious Eldershield is a Big Failure

Cottonmouth said:

You can choose to cancel it, now they are trying to unable that cancellation since nobody wants this kind of cheebye plan. Fuck PAP.

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you sure you can opt out of it?

Jah_rastafar_I said:

you sure you can opt out of it?

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Write in to your insurer if you want to cancel the plan.

http://www.gen.com.sg/insurance/eldershield-opt-out-upgrade-or-do-nothing/
https://www.moh.gov.sg/content/moh_...2004/4_reasons_to_opt_out_of_ElderShield.html

Q

How do I opt out of ElderShield?

A
Singaporeans and Permanent Residents will be offered ElderShield coverage through welcome packages sent by post to them by an assigned insurer three months before their 40th birthday. Members who do not wish to be covered under the ElderShield Scheme need to complete the opt-out form in the ElderShield package and send it back to the assigned insurer within the given grace period before coverage starts.

Alternatively, members may write in to the insurer indicating their wish to opt out. Their names and NRIC numbers should be indicated clearly and they should personally sign the letters instructing the insurer to opt them out of ElderShield.

Cottonmouth said:

Write in to your insurer if you want to cancel the plan.

http://www.gen.com.sg/insurance/eldershield-opt-out-upgrade-or-do-nothing/
https://www.moh.gov.sg/content/moh_...2004/4_reasons_to_opt_out_of_ElderShield.html

Q

How do I opt out of ElderShield?

A
Singaporeans and Permanent Residents will be offered ElderShield coverage through welcome packages sent by post to them by an assigned insurer three months before their 40th birthday. Members who do not wish to be covered under the ElderShield Scheme need to complete the opt-out form in the ElderShield package and send it back to the assigned insurer within the given grace period before coverage starts.

Alternatively, members may write in to the insurer indicating their wish to opt out. Their names and NRIC numbers should be indicated clearly and they should personally sign the letters instructing the insurer to opt them out of ElderShield.

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So there's a grace period before they reach 40 if it exceeds the grace period no more opt out right?

Jah_rastafar_I said:

So there's a grace period before they reach 40 if it exceeds the grace period no more opt out right?

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It's up to you to deny receiving the welcome package unless it's registered mail.

That is basically the whole idea of this Medishield Life and soon-to-be Eldershield. Once these are fully implemented, the Government can afford to be generous to allow all non-insuranceable people to participate because it is not the one paying. So in the end, the premiums will keep increasing by leap and bound after a honeymoon period.

greedy and cunning said:

no matter what shields or plans those scums force sillypootians to sign up
ultimately the scums only benefit from them.
1] make sillypootians pay the bill of another sullypootian
2] making money out of it

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tanakow said:

That is basically the whole idea of this Medishield Life and soon-to-be Eldershield. Once these are fully implemented, the Government can afford to be generous to allow all non-insuranceable people to participate because it is not the one paying. So in the end, the premiums will keep increasing by leap and bound after a honeymoon period.

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Something like NKF & their large pile of loot?

Medisave, Medishield, Medifund, Edusave, Edushield, Edufund, Eldersave, Eldershield, Elderfund - PAP and their jiakliaobee scholars............

wikiphile said:

Is it a bigger failure than Obamacare?

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In our case the super profits go to PAP govt......................................... no value to the ordinary non claimants