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Serious Eldershield is a Big Failure

Discussion in 'The Courtyard Café' started by ckmpd, Jan 12, 2017.

  1. ckmpd

    ckmpd Alfrescian Old Timer

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    Eldershield has failed big time. Instead of studying why Eldershield fails so badly, PAP is contemplating making it compulsory. This is serious. I hope PAP MPs can come out and speak for Singaporeans rather than let PAP shaft Eldershield down our throats especially when it is a bad scheme
     
    Last edited: Jan 12, 2017
  2. bodycells

    bodycells Alfrescian Old Timer

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    why does it failed?

    They can't covered the medical fees?
     
  3. eatshitndie

    eatshitndie Alfrescian (Inf)

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    another fake news from ckmpd.
     
  4. greedy and cunning

    greedy and cunning Alfrescian Old Timer

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    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
     
  5. wikiphile

    wikiphile Alfrescian (InfP) Old Timer

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    Is it a bigger failure than Obamacare?
     
  6. ckmpd

    ckmpd Alfrescian Old Timer

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    High monthly premium, low payout when sick, not objective criteria (has to be certified by doctor before qualifying for payout), if qualified, only receive small payout for short period. If so many obstacles and low payout over short period, why bother to opt for Eldershield. Many already told the pap when Eldershield was launched, that the scheme is set to fail
     
  7. KuanTi01

    KuanTi01 Alfrescian (Inf)

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    I do not think it is a big failure as such. It just need more generous, sincere and unconditional funding from the government; that's all.
    At present, the government is very kiasu and kiasi about becoming a welfare state. More can be done, as always!
     
  8. ckmpd

    ckmpd Alfrescian Old Timer

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    Look at how difficult it is for an insured to claim a payout and the paltry sum if she succeeds. No wonder no one wants the Eldershield
     
  9. ckmpd

    ckmpd Alfrescian Old Timer

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    Yes, only the insurance companies and the pap make from Eldershield
     
  10. ckmpd

    ckmpd Alfrescian Old Timer

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    Basic Eldershield premium is $861 at age 60. If sick, payout is S$300 for a maximum of 60 months (5 years).
     
  11. ckmpd

    ckmpd Alfrescian Old Timer

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    To qualify to receive $300 per month for 60 months, she must be unable to perform at least 3 out of the below 6 activites:

    1. Washing
    2. Dressing
    3. Feeding
    4. Toileting
    5. Transferring
    6. Mobility
     
  12. ckmpd

    ckmpd Alfrescian Old Timer

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    ObamaCare is for 300m americans

    Eldershield is for 1m Singaporeans

    No basis for comparison
     
  13. ckmpd

    ckmpd Alfrescian Old Timer

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    PAP is trying to resuscitate the failed Eldershield scheme by making it compulsory.

    I hope this will anger more Singaporeans. Why shd we be forced to pay for useless schemes? If Eldershield scheme is good, no need to make it compulsory
     
  14. bodycells

    bodycells Alfrescian Old Timer

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    how does eldershield fail?
     
  15. ckmpd

    ckmpd Alfrescian Old Timer

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    It is too cumbersome to get payouts even when the elderly insured is sick and payout is only for a few months to maximum of 5yrs. So many elderly opt out of the scheme. Now pap is thinking of making it compulsory for people to be on Eldershield
     
  16. bic_cherry

    bic_cherry Alfrescian Old Timer

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    Compulsory Eldershield is the product of a bloated bureaucracy and calculated to benefit the healthcare and insurance industry and to help PAP maintain short term parliamentary monopoly by win votes of stupid Singaporeans before the PAP has totally exhausted SG only resource (man power) before migrating with their ill gotten wealth to greener pastures:
    -----------
    Defn of BANANA REPUBLIC: In economics, a banana republic is a country operated as a commercial enterprise for private profit, effected by a collusion between the State and favored monopolies, in which the profit derived from the private exploitation of public lands is private property, while the debts incurred thereby are a public responsibility. Such an imbalanced economy remains limited by the uneven economic development of town and country, and tends to cause the national currency to become devalued paper-money, rendering the country ineligible for international-development credit.[12]
    https://en.m.wikipedia.org/wiki/Banana_republic


     
    Last edited: Jan 12, 2017
  17. ckmpd

    ckmpd Alfrescian Old Timer

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    Very true!!!
     
  18. ckmpd

    ckmpd Alfrescian Old Timer

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    For Medishield Life, Minister of Health threatened that those who cant pay the premiums face jail. Many Singaporeans were elated as nw they can get free board and lodging and free medical care at Changi Hilton. PAP realised how stupid they sounded and conveniently ease off that threat. We were hoping to see how the PAP was going to implement the Minister's threat to jail Medishield Life defaulters.

    I hope the pap will be double silly, make Eldershield compulsory and threaten to jail Eldershield defaulters.
     
  19. chootchiew

    chootchiew Alfrescian (Inf)

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    When you said Elder shield is a big failure, it shows that you believe that pap implemented this for sinkie loses to win . :eek:
    Which insurance company want to lose money. Hence it should be elder shield is a big winner.
     
  20. johnny333

    johnny333 Alfrescian (Inf)

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    I am really surprised that Sporeans have tolerated multi-million $ salaries in the PAP gov't.

    It used to be that civil servants had low pay in exchange for job security. Now they have high pay, security, allowed to run side businesses, can set up 2$ companies, have plenty of conflict of interests, .... & answer to no one except their own party.

    I think it is too late now because corruption hasm now become deep rooted in Spore. My indonesian friend called it "organised & orderly" corruption :rolleyes:
     

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