Can any bro show me where the law said no pay premium go to jail? This is what I found:
https://www.moh.gov.sg/content/moh_...sheet-on-the-medishield-life-scheme-bill.html
c. Recovery of Premiums (Sections 11 to 18)
MediShield Life is a national scheme that is mandatory for all Singapore Citizens and Permanent Residents. All will need to contribute premiums promptly to ensure that the Scheme can meet its commitments to policyholders, as premium defaults will affect the sustainability of the scheme and result in higher premiums for all.
The Bill provides for a robust framework to recover outstanding premiums from defaulters, with powers adapted from existing income tax legislation. These include powers to:
◾Impose penalties on outstanding premiums, of up to 17%, including any interest on late premiums;
◾Appoint agents (such as employers, banks, and tenants) to make payment for outstanding premiums from any sums held by the agents for the defaulters, or any sums due by the agents to the defaulters; and
◾Sue the defaulters to recover outstanding premiums.
e. Offences and Penalties (Sections 19 and 25)
Under the Bill, it is an offence to:
◾Knowingly provide false or misleading information or omit material information. Individuals convicted of such offences may face up to $5,000 fine or 12 months’ imprisonment or both, and additionally be required to pay penalties pegged to the amount of premiums undercharged or benefits or claims overpaid; and
◾Obstruct investigators who are investigating into offences under the Bill without reasonable excuse. Persons convicted of such offences may face up to $20,000 fine or 12 months’ imprisonment or both.
Go to jail only when obstruct investigation. Not for failure to pay premium.
Maybe I missed that part. Any bro can clarify?
https://www.moh.gov.sg/content/moh_...sheet-on-the-medishield-life-scheme-bill.html
c. Recovery of Premiums (Sections 11 to 18)
MediShield Life is a national scheme that is mandatory for all Singapore Citizens and Permanent Residents. All will need to contribute premiums promptly to ensure that the Scheme can meet its commitments to policyholders, as premium defaults will affect the sustainability of the scheme and result in higher premiums for all.
The Bill provides for a robust framework to recover outstanding premiums from defaulters, with powers adapted from existing income tax legislation. These include powers to:
◾Impose penalties on outstanding premiums, of up to 17%, including any interest on late premiums;
◾Appoint agents (such as employers, banks, and tenants) to make payment for outstanding premiums from any sums held by the agents for the defaulters, or any sums due by the agents to the defaulters; and
◾Sue the defaulters to recover outstanding premiums.
e. Offences and Penalties (Sections 19 and 25)
Under the Bill, it is an offence to:
◾Knowingly provide false or misleading information or omit material information. Individuals convicted of such offences may face up to $5,000 fine or 12 months’ imprisonment or both, and additionally be required to pay penalties pegged to the amount of premiums undercharged or benefits or claims overpaid; and
◾Obstruct investigators who are investigating into offences under the Bill without reasonable excuse. Persons convicted of such offences may face up to $20,000 fine or 12 months’ imprisonment or both.
Go to jail only when obstruct investigation. Not for failure to pay premium.
Maybe I missed that part. Any bro can clarify?
