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07-06-2014, 10:30 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Maybe the CUNT should walk the talk!!
Firstly, do they have Portable Insurance for its staff?
Secondly, what kindly of Medical Insurance policy that CUNT Income has put in place for companies to purchase a good Portable medical insurance? They say they have Portable insurance via their Income Shield? That is nothing!! Only for hospitalization. There is no outpatient GP coverage. So it not good at all!!
CUNT should walk the talk and start with some good medical insurance polices first!!
NTUC urges more companies to take up Portable Medical Benefits Scheme
SINGAPORE: The labour movement has called on more companies to take up the Portable Medical Benefits Scheme.
This is to help eliminate duplication in insurance coverage.
It is one of the suggestions the National Trades Union Congress (NTUC) presented to the MediShield Life Review Committee, after holding eight focus group discussions with over 300 participants such as union leaders, youths, families, active agers, women, the self-employed, freelancers and pensioners.
Duplication of insurance coverage arises when an employee has both private and employer-paid insurance.
NTUC said it found that many employees tap their employers' benefits first before tapping their own private shield plans.
So the labour movement has called for firms to take up the portable medical shield scheme.
Under it, the employer makes additional contributions to employees' Medisave accounts which the employees use to buy MediShield-approved insurance which they can tap, even if they switch employers.
Currently, only five per cent of firms in Singapore have taken up the Portable Medical Benefits Scheme.
The cost of implementation and the lack of awareness about the scheme are some of the reasons for the low take-up rate.
So to incentivise more firms to take up this scheme, NTUC has proposed doubling the current tax deduction from the current two to four per cent.
Cham Hui Fong, assistant secretary general of the National Trades Union Congress, said: "We find that if the employers actually help them to contribute towards their Shield plan instead, they could have more savings because that will be useful when they change jobs, when they are out of job or when they are re-employed."
Another suggestion is to standardise the deductible across all age groups.
This would mean reducing it for those aged 81 to 92 so that they are on par with everyone else. Currently, they have to pay more compared to those aged 80 and below.
This is important as those above the age of 81 are not likely to be working and do not have monthly Medisave contributions. In addition, they are likely to incur relatively higher hospital bills compared to those who are younger.
Currently, patients who are covered under MediShield have to pay a deductible, which is the initial amount to be paid for a claim made in a policy year before there is a MediShield payout.
The labour movement has also proposed expanding the standard drugs list. Currently, a dozen new drugs are added to this list per year when there are actually 1,000 new drugs registered in Singapore annually.
So it has called for the inclusion of drugs which have been used over a period of time and have proven effective. Having more drugs on this list would mean reducing the out-of-pocket expenses for patients.
Meanwhile, on co-insurance, NTUC has suggested further tiering, especially for bills above S$10,000.
The labour movement has also called for a structured periodic review of MediShield Life by the Health Ministry every three to five years, to ensure the parameters and claim limits stay relevant and are responsive to meet the medical needs of Singaporeans and the advancements in the healthcare industry.
It also hopes to see more chronic outpatient treatments being covered under MediShield Life.
To ensure freelancers and the self-employed have enough Medisave savings, the labour movement said more people can get coverage -- through collective efforts of service buyers and customers. It has also urged the government to consider providing incentives to service buyers and customers.
In response, the Health Ministry noted that the review committee has indicated that it will consider the suggestions while bearing in mind the need to balance the affordability of premiums.
- CNA/ac/ms
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?183533-About-time-CUNT-walk-the-talk!&goto=newpost).
Maybe the CUNT should walk the talk!!
Firstly, do they have Portable Insurance for its staff?
Secondly, what kindly of Medical Insurance policy that CUNT Income has put in place for companies to purchase a good Portable medical insurance? They say they have Portable insurance via their Income Shield? That is nothing!! Only for hospitalization. There is no outpatient GP coverage. So it not good at all!!
CUNT should walk the talk and start with some good medical insurance polices first!!
NTUC urges more companies to take up Portable Medical Benefits Scheme
SINGAPORE: The labour movement has called on more companies to take up the Portable Medical Benefits Scheme.
This is to help eliminate duplication in insurance coverage.
It is one of the suggestions the National Trades Union Congress (NTUC) presented to the MediShield Life Review Committee, after holding eight focus group discussions with over 300 participants such as union leaders, youths, families, active agers, women, the self-employed, freelancers and pensioners.
Duplication of insurance coverage arises when an employee has both private and employer-paid insurance.
NTUC said it found that many employees tap their employers' benefits first before tapping their own private shield plans.
So the labour movement has called for firms to take up the portable medical shield scheme.
Under it, the employer makes additional contributions to employees' Medisave accounts which the employees use to buy MediShield-approved insurance which they can tap, even if they switch employers.
Currently, only five per cent of firms in Singapore have taken up the Portable Medical Benefits Scheme.
The cost of implementation and the lack of awareness about the scheme are some of the reasons for the low take-up rate.
So to incentivise more firms to take up this scheme, NTUC has proposed doubling the current tax deduction from the current two to four per cent.
Cham Hui Fong, assistant secretary general of the National Trades Union Congress, said: "We find that if the employers actually help them to contribute towards their Shield plan instead, they could have more savings because that will be useful when they change jobs, when they are out of job or when they are re-employed."
Another suggestion is to standardise the deductible across all age groups.
This would mean reducing it for those aged 81 to 92 so that they are on par with everyone else. Currently, they have to pay more compared to those aged 80 and below.
This is important as those above the age of 81 are not likely to be working and do not have monthly Medisave contributions. In addition, they are likely to incur relatively higher hospital bills compared to those who are younger.
Currently, patients who are covered under MediShield have to pay a deductible, which is the initial amount to be paid for a claim made in a policy year before there is a MediShield payout.
The labour movement has also proposed expanding the standard drugs list. Currently, a dozen new drugs are added to this list per year when there are actually 1,000 new drugs registered in Singapore annually.
So it has called for the inclusion of drugs which have been used over a period of time and have proven effective. Having more drugs on this list would mean reducing the out-of-pocket expenses for patients.
Meanwhile, on co-insurance, NTUC has suggested further tiering, especially for bills above S$10,000.
The labour movement has also called for a structured periodic review of MediShield Life by the Health Ministry every three to five years, to ensure the parameters and claim limits stay relevant and are responsive to meet the medical needs of Singaporeans and the advancements in the healthcare industry.
It also hopes to see more chronic outpatient treatments being covered under MediShield Life.
To ensure freelancers and the self-employed have enough Medisave savings, the labour movement said more people can get coverage -- through collective efforts of service buyers and customers. It has also urged the government to consider providing incentives to service buyers and customers.
In response, the Health Ministry noted that the review committee has indicated that it will consider the suggestions while bearing in mind the need to balance the affordability of premiums.
- CNA/ac/ms
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?183533-About-time-CUNT-walk-the-talk!&goto=newpost).