Merdeka Package is giving you a wing and taking back the whole chicken

On a Facebook post on Monday (17 Jun), opposition leader Lim Tean called the Merdeka Package a “total sham” and a “classic case of giving you a chicken wing but taking the whole chicken back from you”.

This was because the “yearly declining transitional premium subsidies will end” this year. So, although the Merdeka Package offers a 5% subsidy on Medishield Life premiums, elderly Singaporeans will still end up paying more on their Medishield Life premiums.

Although it was once optional, Medishield Life was made compulsory back in 2015. The decision to make it compulsory was widely criticised, as it does not covering chronic diseases such as diabetes.

Nonetheless, it was still made compulsory with the PAP government giving a subsidy amounting to 90% of the net increase in MediShield Life premiums in the 1st year (i.e. 2015). In 2016, 2017 and 2018 respectively, the subsidy would only cover 70%, 40% and 20% respectively.

The controversy does not appear to have died down 4 years later with financial blogger Leong Sze Hian estimating last year the payout to premiums ratio was at a mere 59%. This, he thinks, is possibly the lowest in the World for a national healthcare insurance scheme.

Indeed, in a report that went viral earlier this year, netizens were furious that Medishield Life paid only $4.50 of 82 year-old Seow Yan Ban’s $4,477 surgery to unblock the flow of his tears.  The outrage eventually led to claims being reviewed.

Does the Merdeka Package make things any better? et’s use the Medishield Life premium calculator to illustrate this point.

For a Singaporean who was born in 1958, owning a single property with an Annual Value of $18,000 and a per capita household income of $1,500, he would be paying a premium of $367 in 2015/6 after the 90% government subsidy. By 2019/20, his annual premiums would increase by 85% to $642.

Given that the Merdeka Generation seniors will receive 5% of their premiums and $200 a year in MediSave top-ups (which can be used to pay for their MediShield Life premiums), he would effectively end up paying $410 a year on his Medisave Life Premiums (0.95 x $642 minus $200).

This is ultimately still a large sum to pay for elderly man who hails from the working class and is 11% more than what he would have paid during the last election.

Do you agree with Lim Tean?

 

 

yyy
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37 Responses to “Merdeka Package is giving you a wing and taking back the whole chicken”

  • oxygen:

    TOLD ALL ALREADY COUNTLESS TIMES – PAPpypolitics & PAPpynomics is a meandering river of endless lies, scams and deception. Their modus operandi has always been 1% truth, 99% lies, fantasy and propaganda.

    Merdeka package is yet another bait-and-switch election decoy. Ah Sengs, Ah Lians and Ah Huays better wake up now.

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  • Oldman:

    Yes but without the package we will be paying more! So thanks PAP.

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  • opposition dude:

    PAP has used the old switcheroo giving you a bit and taking back a whole lot more for years now and it has always worked for them. The pioneers were the first to get their package and who hasn’t heard of a few grumbles from them when they say that this dental or some surgery isn’t covered under the PGP?

    Knowing the way PAP operates, they would rather have you depend on your children or relatives instead of looking after you like a responsible government would. They only say they are looking after us when it suits them.

    So you know what to do in this year’s election. Come on all you east side voters, vote in more opposition on behalf of the nation!

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  • Rabble-rouser:

    Medishield Life could end up being a Ponzi Scheme where the early birds (ie. Pioneer generation & perhaps the some of the Merdeka generation) reaps the early benefits (payout) from the govt-insurance plan but ultimately, the one who ends up paying huge premiums will be the Millennials & future generations.
    The other issue to consider is the extremely unhealthy state from our geriatric population down to the middle-aged population. The key is the highly stressed eco-system with inflationary cost of living & stagnant wage increases.
    The Medishield Life 5% subsidy could end up being a bait-and-switch election ploy because the medical & hospitalisation charges may end up increasing greater the the subsidy itself thus giving credence to the “classic case of giving you a chicken wing but taking the whole chicken back from you”.
    Don’t fool the people!

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  • oxygen:

    @ Oldman

    STUPID LOGIC! When rape is inevitable, YOU lie back and enjoy it?

    Oldman: Yes but without the package we will be paying more! So thanks PAP.

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  • paleface:

    Oldman:
    Yes but without the package we will be paying more! So thanks PAP.

    Oldman, You are retarded and talked like a ten years old.

    You got one chicken wing but you are gonna give back one whole chicken and you are thankful for that. Confirmed daft.

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  • Oldman confused liao:

    Without PAP, don’t even need to pay!

    You can keep the money and go for holiday every year.

    Isn’t that even better? Or you prefer to say thank you to the robber to return you $2 for bus fare, otherwise lose all?

    Oldman:
    Yes but without the package we will be paying more! So thanks PAP.

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  • TruBlu:

    Merdeka Package is giving you a wing and taking back the whole chicken
    ==============================================================================
    Yes,yes,they give you *peanuts* and makan your CPF N TAX YOU TILL YOU DROPDEAD ONE WAY OR ANOTHER?

    MP is pure crap n being used like a mirage to CON-fuse you.

    I say,take care of the AGING POPULATION ISSUE,they skirt around it and wait for TOTAL DISASTER!
    SUCKING UP THE HARD-EARNED CPF MONEY of COMMON SGS -WHILE MAKING THEM JOBLESS AT EARLIER AGE – WILL BRING THIS NATION DOWN,DOWN,DOWN!…MARK MY WORDS ON YOUR CALENDER!

    Instead,CUT DOWN ON OSTENTATIOUS LIKE F1 AND FT-SCHOLARSHITS OR EVEN JEWELS like at CHANGI or ‘HANGING GARDENS’ like at MARINA?

    INITIAL BUILDING COSTS ARE HUGE AND RECURRENT COSTS WILL BE A BURDEN LATER ON!!!

    build RETIREMENT VILLAGES FOR THE PEOPLE TO READY THIS NATION FOR
    A MORE SUSTAINBALE AGING POPULATION WOULD BE FOREMOST if OUR LEADERS ARE “DEEDS” N NOT *WORD$” TYPE OF LEADERS,MR HENG,ARE YOU THERE?

    BRING DOWN COL OF LIVING ON BIG TIC ITEMS LIKE PUBLIC HOUSING,FOOD AND HEALTHCARE- ALL CLOSELY LINKED TO AGING POPULATION PROBLEMS???

    OUR GAHMEN JUST SIMPLY WANT TO MAKE $$$ FROM EVERY ASPECT OF SO-CALLED “PUBLIC’ services?????????????????????????????????????????????????????

    THIS IS A DISASTER AND WILL SPELL DOOM FOR MANY GOOD SGS CONSEQUENTLY.

    MARK MY WORDS AGAIN ON YOUR CALENDER.

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  • Oldman:

    Just joking lah, you have no sense of humour meh?

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  • Bapak:

    Frankly speaking, the Senior Citizens paid $700+ every year and don’t know what is insured and what is not. How much can they claim? Don’t know. Isn’t it a scam?

    The poo lice has been telling everyone not to fall for a scam and here they are not doing their job. Oh sorry, their paymaster is the scammer.

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  • Bapak:

    You can’t teach old puppy new tricks.

    Oldman:
    Yes but without the package we will be paying more! So thanks PAP.

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  • young man:

    @Oldman:
    June 21, 2019 at 10:34 pm (Quote)

    Just joking lah, you have no sense of humour meh?

    ————————————————————————–

    no time for stupid joke.
    if you dont know how to joke,dont try lah old man.

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  • Audrey:

    What’s so surprising? It’s been ingrained in us for years.
    In Singapore Nothing is free
    So don’t expect anything. You’ll be happier

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  • Old man:

    Here’s another one :
    « Butter is the best medicine. » HAHAHA…

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  • Brain Dead:

    @Oldman

    If not for the GE 2011 dent you think there is PG? And now they are enticing MGs because GE is round the corner.

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  • oxygen:

    WHEN DECEPTIVE VOTING SEDUCTION DISPLACES much-desired and urgent policies changes, it must reveals the complete failures of 3Gs and the clueless bewilderment of 4Gs forward.

    The end is near for LEE-jiapore as a nation.

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  • oxygen:

    FORGET THE HYPOCRITICAL VIRTUES OF POFMA, Jean-Claude Juncker, until last December was the prime minister of Luxembourg and the EU’s longest serving leader said these words.

    Jean Claude Juncker : leaders or ministers need be protected from public scrutiny, by lies if necessary.

    “When it becomes serious, you have to lie,”

    https://www.telegraph.co.uk/news/worldnews/europe/eu/10874230/Jean-Claude-Juncker-profile-When-it-becomes-serious-you-have-to-lie.html

    Votes seductions- if become necessary – are all lies!!

    @ Oldman had better get real.

    Oldman: Just joking lah, you have no sense of humour meh?

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  • my $8 heart bypass:

    @Oldman, double confirm 70% daft who says thank you after being screwed by his PAPIGS boss.
    And there are more Retards like him out there who are brain washed till brain dead.

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  • so wat else is new?:

    now “give one chicken drumstick but grab back 3 chickens, is more like it.

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  • Singaporean Kong Come.:

    Insert fear n give U a little reward. PaP has been practicing this for the past decade. Those stupid 70% Asia sickman, think it is fair. Now a bowl of wanton noodles cost $3.50 to $4.00, with less Char Siu n noodles n less one wanton, the rest of the $$$$$ go to those puppy minister salary.

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  • Add:

    Reserve all accumulated by taxing slaves ?

    Then what good do you deserve m$ pay ?

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  • patriot of TUMASIK:

    Rabble-rouser:
    Medishield Life could end up being a Ponzi Scheme where the early birds (ie. Pioneer generation & perhaps the some of the Merdeka generation) reaps the early benefits (payout) from the govt-insurance plan but ultimately, the one who ends up paying huge premiums will be the Millennials & future generations.
    The other issue to consider is the extremely unhealthy state from our geriatric population down to the middle-aged population. The key is the highly stressed eco-system with inflationary cost of living & stagnant wage increases.
    The Medishield Life 5% subsidy could end up being a bait-and-switch election ploy because the medical & hospitalisation charges may end up increasing greater the the subsidy itself thus giving credence to the “classic case of giving you a chicken wing but taking the whole chicken back from you”.
    Don’t fool the people!

    Bro…there are NOT many of us left and yet we are Left to ROT…watching the elderly @ Hawker Center eking out a living to cover the High Cost of living and giving 2-3% with a mark-up on Mon-Tues-Thurs is a JOKE!!!..if ever a scam by Ponzi standard or Better it is Right Here in Singapore INC…where a whole Population is SCAMMED

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  • Give me a break pls:

    I am the so called Merdeka gen. After the announcement, I thought finally we are recognised for our effort in nation building. To my dismal, I was very disappointed that we are given only chicken wing and taken back a whole chicken from us. How can it be? We have been paying taxes regularly all these years, is it not reward time for us Merdeka gen by the G as least in our golden years as a monthly token of appreciation for our contribution over the years.

    Even as we are growing up, my parents slogged hard to provide for us till we started working and automatically we as children return the kindness for our parents by supporting them in their golden years as a form of filial piety.

    I think it is time for me to change and see what the oppo can offered esp so now that Dr Tan C B is in the oppo camp. I believe that we cannot be worse off than now esp so with the impending 9% GST.

    Of course we must thank our Mr Heng if not for him we would have been paying 15%. Heng ah…… What a stupid joke!

    Even Hong Kong I was told that each citizen regardless of wealth is given a token sum of $600 when they reach retirement age. Can somebody confirm this?

    Finally , when I was working 40 years ago, I was told by 1G that we must save our reserve cos we are not rich yet, ok fair. 2G also said the same thing as we are getting richer. 3G also said the same thing now that we are very rich. Now 4G also said the same bloody thing now we are filthy rich.Man then when can we at least taste the fruit of our labour?

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  • ah Q spirit:

    //Oldman: Yes but without the package we will be paying more! So thanks PAP.//

    yar lor. ah Q spirit or intelligence (cold comfort & self consolation). that’s what the white idiots like to mould such thinking and have many paid IBs (out from taxpayers funds) to propagate such thinking lar ? no wonder, we have such high cost of living + plus competition (imported competition) from 10m open-leg policy.

    like artificially raising the price to 100% and give you 50 to 70 % discount lor.

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  • i park,you fark:

    seriously,it is called mer-DEAD-ka pac-CAGE?

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  • Why so Blur?:

    When you feel the pain, then you wake up? Stupid blind person

    Give me a break pls:

    I think it is time for me to change and see what the oppo can offered esp so now that Dr Tan C B is in the oppo camp. I believe that we cannot be worse off than now esp so with the impending 9% GST.

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  • TruBlu:

    JUST REMOVE GST FOR MEDICALS,GOOD ENOUGH FOR MERDEKA SGS.
    HEALTHCARE COSTS OREDEY KILLING,WITH GST DOUBLE WHAMMY.

    WHAT PACKAGE?

    STOP THE GREED,NO MORE CONNING,PLS.

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  • Tatman:

    PAP won’t listen anyway..

    TruBlu:
    JUST REMOVE GST FOR MEDICALS,GOOD ENOUGH FOR MERDEKA SGS.
    HEALTHCARE COSTS OREDEY KILLING,WITH GST DOUBLE WHAMMY.

    WHAT PACKAGE?

    STOP THE GREED,NO MORE CONNING,PLS.

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  • Lee Choon Sing:

    Am I right to say that Singapore is using a younger generation to pay for the older generation model?

    1. Oldest cohort do not usually have insurance covered. Who pays ? Gabramen or the children? Medical is so expensive. If they pay for their parents what’s left for themselves when they grow old?

    2. About half the population cannot meet the ever rising retirement sum. They may have some money but can see cannot touch.
    This makes their retirement even more difficult.

    I think we must vote out the PAP.

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  • Hum:

    Oldman:
    Yes but without the package we will be paying more! So thanks PAP.

    You prove that being old does not mean you know more than the younger generation.

    Being old does not mean you are wiser.

    Being old does not mean you can contribute to society.

    Some old people murder, rape, con, cheat , lie and talk nonsense. So, being old does not mean you need to be respected although I generally respect elderlies. So, be clear what is my point.

    Some old man are smart and wise and useful to to society.
    You, however, are part of the problem!

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  • Using future gen money:

    Actually, the root cause is :

    1. The elderly cohort do not generally have insurance nor cpf.

    The Adverse effect is the children of these are paying for their retirement.
    This is ok but the children themselves become short of money for retirement . Their savings spent on the elderly and money become not enough resulting in ENDLESS VICIOUS CYCLE where they need to depend on their own children.

    The Right Solution is to use tax money to support the elderly cohort. The subsequent generations will not inherit this problem.

    I hope they dont copy my solution.
    I do not need to be paid world highest to come up such a solution.

    Vote out the JiaLiaoBees!

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  • 500,000 MG:

    Before the 500,000 Mederka Gens can spend their humongous GE bait of $100 on kopi-O, no-NS Penang Cow is talking about raising transport fare again.
    Meanwhile the 500,000 MGs are wondering if HoJinx one year pay is more than the budget for this MG election bait.
    MP Png please ask the Ballistic Question again; 3 million Sinkies want to know the answer.

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  • Curses r misplaced:

    Many Singaporeans r heard to be cursing whenever they shared their view n knowledge on SOiN current affairs. For a while the senior citizens were cursed for repeatedly vote for PAP despite many LKY contorted expressive denials. Then it was the Pioneer Generation whom PAP tried to buy for votes not with PAPMPs’$ but the entire population have to pay without seeking their approval by a national referendum but mandate abusers. Then the Mederka generation with no specific generation left to foot the bill so PAP went with raising fares, tariffs, GST etc… SIN even sinned in loading the exorbitant medical bill with GST. Even accounting errors r fixed by more GST.

    Roy unfolded a dead rat hole n Singaporeans r now faced with a big washing machine not side or front loading but with a continuous suction called medisave, medilife n more to come. Even the non contributing members from cradle to coffin r enlisted to help to drain out into the suction line to a bottomless hole in the Gorillas dens closed to all peeking tom.

    SIN is now a PAP n its harem of PLPs suka suka playground, Suka suka tax, suka suka raising fees, fares, taxes, tariffs n wharever holes they can creep in, suka suka defining laws like conflict of interests, suka suka threatening, suka suka adultery only to be exposure At suka suka time.
    Singaporeans have been led by their big but insensitive noses by PAP n its harem to accept what they suka suka demand, threat n con! Kpkb turns into curse but completely misplaced. The curse should not be on Singaporeans but on those who think the mandate they get make them not Singaporeans but aliens to fix Singaporeans, Evidence is they work in their own interest n benefits n the aliens which they think they belong.

    SO SAVE SINGAPORE. Vote these ingrates n traitors out. As Mahathir said Only then you can have the chances of breaking into the rat holes to see what they have been doing in the holes. He was thoroughly shocked to find his country is ripped. Singaporeans, aren’t u eager to know abt what is the real state your own country is in. CPF is a good example of a good house suddenly encaved to be a dark dark rat hole for the rats to play. If everything is ok, why hide?

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  • No need read, hear or think:

    No more think, look or think. No need anymore because all give nauseous feeling. Just despicable lies, con n bu zi dongsi not even a material. Just vote to keep them out n let us see what lie behind that they pay billions, appointment n facilities to hide. Is SIN still financially sustainable or has been nearly clean out. All the whys would then be revealed . The only questions r
    Is Singapore still a nation orva bankrupt?
    Where have they gone? Is it necessary to, like the periodic drama, clean out the houses n confiscated everything contained therein, foreign lands n the faorite Swiss junior Goh loves so much? Then is it necessary to eradicate the entire clan? As Newton third laws of axpction n reaction, as they love dynasty so much let’s use the dynasty justice n verdict to deal with them? BUT all these aren’t impossible without knocking them out n their harem but as bootlickers r they will bootlick where the rewards r highest n what is highest reward than life n freedom. With that they will help illuminate all rat holes n crevices. React now before all r set in beyond human efforts!

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  • Gan Kah Cherng:

    Garment budget for the package.
    Where do they get the money from?
    You?

    Hahahhaahhaa.

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  • James Lee:

    Well said!!!
    However, more can be done by the government of the day to help boost the standard of living of those GPs and MGs who are living “mouth to hands ” by implementing without any further delays the following measures:-

    1)Provide without conditions,free basic hospitalisation and health care to all PGs and MGs. The government can save on subsidies and medisave top ups.The moneys in the medisave accounts of these senior averaging S$40,000 can therefore be released to meet their retirement needs.

    2)Pay to all these seniors a monthly sum of S$500/=

    3)Issue free Singapore Passport to all seniors.

    Please do the needful before its too late!!!!

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  • Singaporean Kong Come:

    Merdeka Package is giving you a wing and taking back the whole chicken. Endless n keep sucking U dead. The Merdeka generation has received the package n a Merdeka G card, very happy,Merdeka mean= Mark Toh Hey Ka.(Everything goes up), so very happy after the GE.

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