Insurance
MEDISHIELD LIFE
By Singapore Stocks Investing (SSI)  •  August 18, 2013
MEDISHIELD LIFE is a new health initiative announced by PM Lee In today’s National Day Rally. While PM Lee did not give more details about MEDISHIELD LIFE, it is clear from his speech that Medisave contributions will increase. I think it is long overdue that we need a fundamental relook at our health policies. There have always been calls for a National Healthcare Insurance and in today’s National Day Rally, it seems that Singapore is gearing in the direction of this National Healthcare Insurance with the announcement of MEDISHIELD LIFE and other Medisave incentives. As I see that the basic Medishield which I am covered under does not seem adequate, I have purchased a complementary and supplementary (often called Enhanced) Medishield plan from a private insurance company, I wonder how the existing Enhanced Medishield policies and most importantly premiums will be tweaked for fairness to the many of the ......
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By Singapore Stocks Investing (SSI)
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