Medishield-life should not be a loophole for the rich to rob the poor.

Only fair that PAP gahmen compensate all BASIC medishield-life premiums by 60%; Integrated Medishield-life RIDERS are Antithetical to concept of Pre-funding.

The concept of any form of insurance is about insuring against the unpreventable and the catastrophic: i.e. the damage must NOT be self inflicted due to negligence like the lack of exercise resulting in a low muscle mass and accordingly a low basal metabolic rate resulting in high body fat % (meaning that all fat cells are already so saturated with fat that they cannot accommodate any more energy absorption in the form of glucose): resulting in insulin resistance and high blood glucose: aka T2 Diabetes Mellitus. The purpose of the insurance deductible and copayment are thus blunt/ minimal forms of controls upon the abuse of these restrictions/ liabilities that ALL members of the national healthcare insurance scheme must adhere to without exception (just like national service (NS) or obeying laws and rules such as returning one's library books before their due date arrives).


The concept of pre-funding for medishield-life insurance means that certain STRICT rules must be in place to prevent unlawful withdrawals from the common fund pool for unmeritorious claims: e.g. on medical treatments which would have been avoidable but for the irresponsible lifestyle choices of the claimant (e.g. smoking, high % body fat).

Insurance riders which bypass the already minimal check and balances of the insurance deductible and copayment (which safeguard the common fund pool) and should thus either be outlawed, or else the per-capita claim quantum submitted by the cohort using such riders should not be allowed to exceed the per-capita claims value for the cohort subscribing to solely medishield-life basic so that the cohort of shamelessly greedy rich people may not use their wealth/ 'insurance' accounting tricks to grab and additional 60% more claims compensation out of the common cookie jar (at the expense of the middle class/ poor): just because loopholes/ the misuse of insurance riders allows them to.

Just as NS is compulsory/ managed upon the values of equitability, Medishield-life should not turn out to be another loophole for the rich to rob the poor.
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http://www.straitstimes.com/singapore/he...ay-feature 'New riders for IP plans will include co-pay feature' [ST, 08 March 2018]: "People with full riders have bills that are 60 per cent higher than those without riders." http://www.straitstimes.com/singapore/he...ay-feature
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Reply from MOH
27 Nov 2013, Straits Times
Role of pre-funding
WE THANK Mr David Boey ("Problems with pre-funding"; Nov 19), Ms Maria Loh Mun Foong ("Merits of pre-funding"; last Thursday) and Mr Tan Kin Lian ("Pre-funding not feasible for MediShield Life"; Forum Online, Monday) for sharing their views on the concept of pre-funding for MediShield.
The letters from Mr Boey and Ms Loh may have created the wrong impression that the proposed pre-funding concept will require the younger generation to cross-subsidise the current elderly.
For MediShield, the pre-funded amount contributed by each cohort is set aside for the future use of their own respective cohorts, and not used to cross-subsidise the current elderly.
To address concerns over affordability of premiums among the current cohort of elderly Singaporeans, the Government has indicated its plans to provide help for the older generation of Singaporeans.
As noted by Mr Tan, health-care costs tend to be higher for the elderly. This, plus the effects of medical advancements and changing expectations, will put further upward pressure on future premiums as we age.
For this reason, it will be even more important to set aside some premiums in advance, or pre-funding, to address concerns of premium affordability during old age.
With pre-funding, members pay higher premiums during their working ages and, in return, can receive rebates to offset their own future premiums when they grow old.
With the ongoing review and enhancement of MediShield to MediShield Life, one of the key issues the MediShield Life Review Committee hopes to engage the public on is increasing the role of pre-funding. The committee welcomes all Singaporeans to provide their feedback or sign up for upcoming discussion sessions through http://www.medishieldlife.sg
Philip Sim
Deputy Director
Corporate Communications
Ministry of Health
https://www.moh.gov.sg/content/moh_web/h...ding-.html