Confusing table of Medishield Life premium

Someone asked me why the cost of private health insurance keeps premium.

I advised him to switch to Medishield Life to reduce the lower cost of health insurance. What is the difference?

I searched for the cost. I found this page.
https://www.moh.gov.sg/medishield-life/medishield-life-premiums-and-subsidies

It is extremely complicated to find the correct premium. No wonder so many people are confused and end up insuring under a private health plan, i.e. the integrated plan. It is easy for the insurance agent to tell them why the integrated plan is better, without giving them a clear picture of the cost.

There is no need to Medishield Life to have such a complicated rate structure.

The government should just provide a flat subsidy that applies to everybody, rather than vary the subsidy by age band and by income level or household type.

The cost to the government of giving a flat subsidy is small. The government can afford it, without being “stingy”.

I wish the ministry of health takes a big picture in deciding on the premium for Medishield Life, rather than try to “minimise” the subsidy through means testing. The amount is small. They do not have to be miserly or penny pinching.

 

Tan Kin Lian

 

 

yyy
SPONSORED ADVERTISEMENT
Loading...

8 Responses to “Confusing table of Medishield Life premium”

  • TruBlu:

    From No money, No honey to No money,No doctor?

    Poor elderly sgs *tan si*(wait to die)…

    GD Star Rating
    loading...
  • patriot of TUMASIK:

    Once head of the Biggest scam(NTUC Insurance) Tan ahhhhh! you of all people should KNOW that Insurance is a Pyramid system Legally accepted in the Coporate World…

    but in LEEgal way, where Singaporeans are IDIOTIC enough to ACCEPT the govt word that it is for their OWN good when the Ponzi & Pyramid system is implemented to Fleece them through CPF-Medisave- and whatever shitty Medi terms they use

    GD Star Rating
    loading...
  • Convoluted:

    Agree,not just MediShield life but integrated shield plan is screwed up;I am an agent the basic portion of integ plan is supposed to use Medisave but as age grows the Medisave part not enough as there is limit on Medisave usage ;so insured has to top up with cash;
    This is where the pitfall lies causing the plan to lapse most times the insured unaware and the agent has to be alert;
    Whole thing can be solved if Govt allows usage of Medisave for MediShield life and integratedshield basic wholly

    GD Star Rating
    loading...
  • the PAP is the cause of it:

    all the schemes have somehow turned into scams..
    no one ever knows how much goes in and how much goes out.

    GD Star Rating
    loading...
  • Went to Japan:

    The PAPpy is doing this to reduce cost and make money, no one knows exactly what they are paying… especially the bill is sent after one’s stay at hospital.

    You asking them to be transparent?

    LOL Even his wife salary is secret.

    GD Star Rating
    loading...
  • Asd:

    Is governance just a matter of taking money from the people and put a chunk into one’s own pocket ?

    GD Star Rating
    loading...
  • Bobo:

    With more strong members coming forward to open up the pot of soup and stirring it to find what were the ingredients inside it, they are making us to think even deeper. Thank you, Mr TKL here. We hoped we could throw away some disgusting and distasteful ones.

    GD Star Rating
    loading...
  • vote in alt parties pls:

    i hope a good alternative party wins a seat or two…and consolidate the medishield n medisave into one insurance plan…so whenever anyone is hospitalised or need treatment , deduction and payment can be made easier and clear to even our PGs, MGs and everyone..
    especially no talk cock out of pocket money!.
    many of us got 35k and over in medisave..but they act like its their money when it comes to utilising the $money in there.
    are we asking that money to go on a holiday or a makan feast?
    OF COURSE NOT!
    this gov is making less n less sense as days go by..HELP!

    GD Star Rating
    loading...
Member Services
Self-SupportMembers Login
Sponsored Advertisement

Search On TR Emeritus
Sponsored Advertisement

Most Recent Comments
  • lying pap S$m thieving liars: when it comes to S$m there is no saint, not a single one, especially pap folks whose...
  • The Other Hard Truths: Simply put, everything that the Dowager touches turns into shit. And Singaporeans are made to...
  • Homeless Cat: Best President: The people only want the best President. They don’t care about his or her race or...
  • Police CLOSE DOWN: Use SCOOT to deliver instead?
  • mike: I disagree with you! Regime change may be first step but not really can ‘guarantee’ independent...
  • I Too Kana Ill Treatment: Me too kana ill treatment in NS. Now I grow up, I want to kill those who ILL treat me and I...
  • Dr. Chan: ‘White Horses’ voting for PAP is understandable. But if you are a conscript and family members...
  • Best President: The people only want the best President. They don’t care about his or her race or religion.
  • TruBlu: Whatever! Why sgs must go around delivering food for a living? Why cant the govt return decent paying jobs to...
  • About rulers and the ruled: Prophet Muhammad s.a.w. said: “The best of your leaders are those whom you love and...
  • Harder Truths: No despot ever thinks he is wrong. No point talking to him. If he is not shown the door now then he...
  • My Smart Doggie: @NotMyProblem: My doggie also don’t like to poop on the free newspapers. So I try putting...
  • Don't Lie Pinky: If we are really concerned that A Malay should take turn to be the President, then since the first...
  • Harder Truths: I saw a PMD rider with a T-shirt sporting the words ‘Will kill for food’ on a delivery...
  • Harder Truths: Mr Magoo also said he has 20/20 eyesight. Will you let him drive you anywhere?
  • Harder Truths: The problem is not the PMD per se – this is just an inanimate object. The people riding it are...
Announcements
Advertisements
Advertisements
Visitors Statistic
Latest Statistic