- Joined
- Nov 14, 2008
- Messages
- 10,234
- Points
- 113
The intent was noble when Medishield Basic was mooted and housed under CPF.
Later some fcuking politicians decided to lick the cream but not the responsibility to carry the upgraded version of Medishield Plus or IncomeShield (?) which pays min. B2 hospitalisation and has higher life-time claim limit. In its infinite wisdom (or cunning) gahmen decided to palm off to private insurers like Income & GE, in effect reducing the poolsize which will disadvantage insured but still benefits the insurers whose profits can go towards giving all insured much better deals. In fact insurers are known to pick n choose insured who opted later for update when retirement age nears. Most are rejected becos insurers do not wish to bear the risks. Risks which are rightly to be borne by gahmen - you tax us, you bear the risks!
Therefore the scheme (scam) shud be changed back to CPF managing the health insurance and its upgrade!
Down with wooden Goh who fucked us up!!
Later some fcuking politicians decided to lick the cream but not the responsibility to carry the upgraded version of Medishield Plus or IncomeShield (?) which pays min. B2 hospitalisation and has higher life-time claim limit. In its infinite wisdom (or cunning) gahmen decided to palm off to private insurers like Income & GE, in effect reducing the poolsize which will disadvantage insured but still benefits the insurers whose profits can go towards giving all insured much better deals. In fact insurers are known to pick n choose insured who opted later for update when retirement age nears. Most are rejected becos insurers do not wish to bear the risks. Risks which are rightly to be borne by gahmen - you tax us, you bear the risks!
Therefore the scheme (scam) shud be changed back to CPF managing the health insurance and its upgrade!
Down with wooden Goh who fucked us up!!
