22 Jan '11, 3am

[TR] PAP’s rule will come to an end

[TR] PAP’s rule will come to an end

Affordable? It reminds us of what Minister Mah said – housing is still affordable after prices jumped by 60% in 2 years. As for the 3Ms, it is full of holes. Many self-employed individuals don’t have Medisave, hundreds of thousands are not insured and for you to get Medi-fund you have to exhaust all your savings, live in a home and have little or no income to pass the criteria for receiving Medifund. Many people don’t know what is going on until they get seriously ill ….then it is too late. There many holes and gaps that people can fall through. Take Medishield, many people are still on Basic Medishield. Basic Medisheld has limited payout for hospitalization/surgery that is now insufficient for the ‘catastrophic illnesses’ because hospitalization cost has escalated. Enhanced Medishield requires co-payment amount that you have to make before Enhanced Medishield will pay you...

Full article: http://www.temasekreview.com/2011/01/22/paps-rule-will-co...

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