Looks like our dear Health Minister has a super short term
memory... maybe it's time for him to retire...
Health minister says no basis for rise in medical insurance
premiums
29 January 2008 1416 hrs (SST)
http://www.channelnewsasia.com/stories/singaporelocalnews/view/325568/1/.html
SINGAPORE : Bit by bit, the questions about implementing means
testing in public hospitals are being addressed but one has
lingered unanswered, until now: Will medical insurance premiums
inflate as a result?
One media report had suggested this possibility, after the Life
Insurance Association (LIA) of Singapore said means testing would
have a "definite impact" on the health insurance market, and
insurers would have to review their product designs and
policies.
Health Minister Khaw Boon Wan, however, gave his response in no
uncertain terms when TODAY put the question to him. "There is no
basis for such a rise," he said, in an email interview.
Later that very same day....
Medishield premiums to go up by $120 this year
Jan 29, 2008
By Salma Khalik
MEDISHIELD premiums are expected to go up later this year by
about $120, in what Health Minister Khaw Boon Wan promises to be
the last tweak to the scheme under his watch.
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.
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Under the proposed means testing, people whose incomes are at
the 50th percentile or less will continue to enjoy the current
subsidy. Higher income-earners will get less subsidy.
He is waiting for the latest statistics to decide the cut-off
salary. But he promised to round the figure up so it's actually
higher than the 50th percentile.
'You have a very compassionate Health Minister,' he said with a
grin.