On 10 Oct 2012, I wrote an article on "The state of healthcare in Singapore" and criticized the limitations of 3M (Medisave, Medishield and Medifund). Two days after my blog posting was published, the Singapore government immediately announced changes in the Medishield, our national healthcare insurance. Among the changes included the coverage and claim limits for policyholders.
Readers might call it pure coincidence. After all, the changes would take effect only in March next year, even though it was announced two days after my blog posting. I would like to think so but most importantly, the government's action validate my concerns of the state of healthcare in Singapore. In my previous posting, I had criticized Medishield's fine print of "SGD50,000 maximum claim per policy year". The government noted that and stated that they would increase the cap to SGD70,000 next year. Some might argued that enhancement is incremental only but ...
...Readers might call it pure coincidence. After all, the changes would take effect only in March next year, even though it was announced two days after my blog posting. I would like to think so but most importantly, the government's action validate my concerns of the state of healthcare in Singapore. In my previous posting, I had criticized Medishield's fine print of "SGD50,000 maximum claim per policy year". The government noted that and stated that they would increase the cap to SGD70,000 next year. Some might argued that enhancement is incremental only but ...
