6/28/2014

Medishield Life - Monthly Premiums (2019)




According to a table presented by Channel News Asia titled, Medishield Life – Monthly Premiums (2019), Singaporeans are classified under four categories by income. These are Low Income for those earning $1,100 and below, Lower Middle Income, $1,101 to $1,800, Upper Middle Income, $1,801 to $2,600 and Upper Income for those earning above $2,600.

The table is based on per capita income and very likely to assume that each household has two working adults or two incomes. It is very generous and a compliment to claim a household income of $5,200 as belonging to Upper Middle Income. At $5,200, many are struggling to own a car or to live comfortably if they have two school going children, and hopefully don’t have parents to look after. For a household with only one income, a $2,000 household income is barely above subsistence level or just above the poverty line for a family of four.

To make the classification less realistic, put them in comparative terms like poor, average, rich and very rich. I don’t think anyone will agree that a household income of $3,600 to $5,200 can be considered as rich. So is a household income of more than $5,200 as very rich, Upper Class. Ok, Upper Income is not necessarily upper class.

I am wondering what they have in mind or which country’s standard of living are they referring to. It cannot be for Singapore to call someone as very rich or Upper Class/Income if the household income is a paltry $5,200. A $5,200 household income of four is the new poor in this super expensive island.

What do you think?

Kopi Level - Red

30 comments:

Anonymous said...

I think to understand why the formula is structured in the way it is. You really need to ask yourself what is the goal of the planners?

Otherwise you will just end up going around in circles and feeling very frustrated.

Regards

Darkness 2014

Ⓜatilah $ingapura⚠️ said...

>> I don’t think anyone will agree that a household income of $3,600 to $5,200 can be considered as rich.

Maybe in 1960-something. These fuckers are 50 years out of step lah.

Anyway, I had a look at the table. Wah, damn fair lah...at least for the moment. I'm surprised. I thought the govt would come out and lanyak people.

There will however, be premium rises in the future. That you can bet money on.

Like everything the state does: it starts off reasonable and "affordable", but at time goes on, govt schemes (monopolies) start requiring MORE MONEY.

Contrast to the private sector: Generally speaking, a $100 wristwatch today is far superior in quality and function than a $100 wristwatch 10, 15 or 20 years ago. Same for almost everything else produced by private enterprise: clothes, computers, cameras, TVs etc.

BTW calling it a "premium" is a smart move.

Actually the correct term is: TAX.

Yes, we've been given another TAX.

Anonymous said...

I don’t think anyone will agree that a household income of $3,600 to $5,200 can be considered as rich.
RB

RB, I agree with u. But that's not important.

What's important is that PAP may have in mind that as a whole, these are the majority and they are rich and happy enough to vote PAP during an election. And indeed PAP may have got it right about this!

Anonymous said...

) how to boast about sexual power when both tiny are missing
2) the art of incest
3) the guide on how to bull shits
4) how to irritate people and waste their time daily
5) learning to be thick skin and flameproof
6) how to tahan when your ass kena fucked
7) how to act as patriot when you are a traitor
8) how to act and look normal when you are actually insane
9) learning to speak when a cock is stuck in your mouth
10) how to con your sisters and daughters to continue having sex with you without reporting to the police.
11) How to develop multi tasking skill. Sharing of secret on Learning how to type on keyboard posting commentary on blog when there is a hard cock pushing in and out in matilar mouth.
12) How to cook two tiny to be delicious enough that the pigs would eat them.
13) How to brag about your intelligence when you have none and how to tahan when both mouth and ass kena screwed at the same time.
14) How to inflate two flat tyres when the holes in the tires have not been mended!
15) How to boast to women you have a rolls Royce when you only have a Mini Cooper with four flat tires and running out of petrol!
16) The matilar secret. How do you stick your little pecker into a donkey's mouth and don't ended up the donkey chew off your little pecker and two tiny.

Anonymous said...

"A $5,200 household income of four is the new poor in this super expensive island."
RB

But will such household folks vote PAP?

Will poor folks vote PAP?

Rich or poor, as a whole, are those who vote PAP the majority?

These are the type of questions PAP will be asking.

And why is RB not asking? Is he not interested in the answers to these critical questions affecting daft Sinkies badly?

Anonymous said...

And why is RB not asking?
Anon 2:02 pm

Because RB is not even a PAP member, let alone become PAP candidate and elected PAP MP. And for sure he won't join opposition either. Tio bo, RB?

So PAP is interested in votes, and RB in kopi.

oldhorse42 said...

RB's proposal to change the family income classifation to poor,average,rich and very rich, is not acceptable.

He knows or ought to know that there is no poor people is this rich red dot.

Every one is rich and all can afford expensive house, car and health care.

The headline in the papers screamed " $4 billion boost keeps Medishield life affordable"

I just wish the Govt would spend the money to make health care affordable!

Anonymous said...

Pointless to cowpeh cowbu at a govt who have lost compassion to its citizens. Just do the right thing in the next election.

Anonymous said...

1) how to boast about sexual power when both tiny are missing
2) the art of incest
3) the guide on how to bull shits
4) how to irritate people and waste their time daily
5) learning to be thick skin and flameproof
6) how to tahan when your ass kena fucked
7) how to act as patriot when you are a traitor
8) how to act and look normal when you are actually insane
9) learning to speak when a cock is stuck in your mouth
10) how to con your sisters and daughters to continue having sex with you without reporting to the police.
11) How to develop multi tasking skill. Sharing of secret on Learning how to type on keyboard posting commentary on blog when there is a hard cock pushing in and out in matilar mouth.
12) How to cook two tiny to be delicious enough that the pigs would eat them.
13) How to brag about your intelligence when you have none and how to tahan when both mouth and ass kena screwed at the same time.
14) How to inflate two flat tyres when the holes in the tires have not been mended!
15) How to boast to women you have a rolls Royce when you only have a Mini Cooper with four flat tires and running out of petrol!
16) The matilar secret. How do you stick your little pecker into a donkey's mouth and don't ended up the donkey chew off your little pecker and two tiny.

Anonymous said...

1) how to boast about sexual power when both tiny are missing
2) the art of incest
3) the guide on how to bull shits
4) how to irritate people and waste their time daily
5) learning to be thick skin and flameproof
6) how to tahan when your ass kena fucked
7) how to act as patriot when you are a traitor
8) how to act and look normal when you are actually insane
9) learning to speak when a cock is stuck in your mouth
10) how to con your sisters and daughters to continue having sex with you without reporting to the police.
11) How to develop multi tasking skill. Sharing of secret on Learning how to type on keyboard posting commentary on blog when there is a hard cock pushing in and out in matilar mouth.
12) How to cook two tiny to be delicious enough that the pigs would eat them.
13) How to brag about your intelligence when you have none and how to tahan when both mouth and ass kena screwed at the same time.
14) How to inflate two flat tyres when the holes in the tires have not been mended!
15) How to boast to women you have a rolls Royce when you only have a Mini Cooper with four flat tires and running out of petrol!
16) The matilar secret. How do you stick your little pecker into a donkey's mouth and don't ended up the donkey chew off your little pecker and two tiny.

Anonymous said...

What would they call those who earn $20k pm, $200k pm or $1m pm?

Anonymous said...

If the policy is from PAP;
Do you think it will be good for Singaporeans?

Don't trust the PAPigs.
Vote them out.
And we will rebuild and re-engineer Singapore to benefit Singaporeans.

Anonymous said...

The Medishield Life presumes that everyone will have the money to pay the premiums even after they retired, in their 70s, 80s, and 90s. This could be true in the future when every CPF members has a big Medisave Minimum Sums trapped to pay for it.

Anonymous said...

Unhappy people are complaining via the net or in coffee shops over govt policies and some say this group is growing. In reality i think its only a minority as seen in only a few thousand people at HLP which is small relative to the population. So dont worry be happy.

c said...

Come red bean site post comment better. direct post. no gimmick.

donate direct to red bean better.

ok trust u. vote them out. see what will happen. since i waited so long for a govt job and if they track me, they should know I am having problems but no help.

it always citizen fault, employee fault. management no fault.

singaporeisforsingaporean.blogspot.sg

the scholar dont know $5200 is the new poor. what if the parents go hospital? mean testing fail. as long as u have $10,000, u not qualify for free legal aid. so engage private lawyer for $4000 for a LOA.

Anonymous said...

anonymous @ June 28, 2014 4:13 pm

are you sure? want follow me around?

Anonymous said...

anonymous @ June 28, 2014 4:21 pm

are you sure? want follow me around?

Anonymous said...

Anonymous said...
anonymous @ June 28, 2014 4:21 pm

are you sure? want follow me around?

because singaporean is getting lesser. most have malaysian background. when the old malaysian feel the impact, they vote wp.

if pap long ago support most singaporean, that is very patriotic and loyalty, this wont happen.

c said...

red bean deserve $10,000 a month from Lee Junior as advisor that report truth. As a honest, loyalty, patriotic singaporean.

Lee Junior need good people around him like red bean.

Anonymous said...

Is it ight to say the old, unemployed, newborns and those schooling are all compel to Medishield?
For those who have no CPF contribution yet, does it means that parents and family members are responsible for their premiums for Medishield?

Anonymous said...

1) how to boast about sexual power when both tiny are missing
2) the art of incest
3) the guide on how to bull shits
4) how to irritate people and waste their time daily
5) learning to be thick skin and flameproof
6) how to tahan when your ass kena fucked
7) how to act as patriot when you are a traitor
8) how to act and look normal when you are actually insane
9) learning to speak when a cock is stuck in your mouth
10) how to con your sisters and daughters to continue having sex with you without reporting to the police.
11) How to develop multi tasking skill. Sharing of secret on Learning how to type on keyboard posting commentary on blog when there is a hard cock pushing in and out in matilar mouth.
12) How to cook two tiny to be delicious enough that the pigs would eat them.
13) How to brag about your intelligence when you have none and how to tahan when both mouth and ass kena screwed at the same time.
14) How to inflate two flat tyres when the holes in the tires have not been mended!
15) How to boast to women you have a rolls Royce when you only have a Mini Cooper with four flat tires and running out of petrol!
16) The matilar secret. How do you stick your little pecker into a donkey's mouth and don't ended up the donkey chew off your little pecker and two tiny.

Anonymous said...

Wow so many book reporters today! I think first time in RB blog. No response from matilar so far?

Anonymous said...

"Lee Junior need good people around him like red bean."
c 4:39 pm

Aiyo, then Lee Junior will have too many red beans to choose lah. All red beans look about the same, so how to choose, u tell me lah?

Chua Chin Leng aka redbean said...

Gan Kim Yong has been on the news talking about the Medishield Life. Anyone notice that he has been silence on the 3 things I spoke about? 1. Preventing runaway cost of healthcare. He only mentioned about managing cost of premiums. 2. Medishield Life must not be a profit making scheme. 3. Excess premiums collected must be ploughed back to the insured to lower the premiums.

By choosing not to talk about these, is he saying something?

Anonymous said...

anonymous @ June 28, 2014 8:05 pm

cook them and eat it lo. like drink tailsman. so easy right? anyway it happening now what.

b said...

A lot of health ministers and health ministry officials went for very expensive holidays all on drug companies account. Did he tell people that?

b said...

Still wondering why healthcare so expensive? Ultimately, these trips are not free and will be paid by taxpayers eventually thru higher and higher healthcare costs.

just one example - http://www.telegraph.co.uk/health/healthnews/10133557/Pharmaceutical-scandal-The-NHS-the-drug-firms-and-the-price-racket.html

b said...

Still wonder why sinkies cannot even afford a flat or car but ministers can buy up islands?

Anonymous said...

Any sinkie still wants to make babies?
How much to pay for a baby's Medishield?

Anonymous said...

Matilar, knn sprouting nonsense again. Go write your books lar u motherfucker!

) how to boast about sexual power when both tiny are missing
2) the art of incest
3) the guide on how to bull shits
4) how to irritate people and waste their time daily
5) learning to be thick skin and flameproof
6) how to tahan when your ass kena fucked
7) how to act as patriot when you are a traitor
8) how to act and look normal when you are actually insane
9) learning to speak when a cock is stuck in your mouth
10) how to con your sisters and daughters to continue having sex with you without reporting to the police.
11) How to develop multi tasking skill. Sharing of secret on Learning how to type on keyboard posting commentary on blog when there is a hard cock pushing in and out in matilar mouth.
12) How to cook two tiny to be delicious enough that the pigs would eat them.
13) How to brag about your intelligence when you have none and how to tahan when both mouth and ass kena screwed at the same time.
14) How to inflate two flat tyres when the holes in the tires have not been mended!
15) How to boast to women you have a rolls Royce when you only have a Mini Cooper with four flat tires and running out of petrol!
16) The matilar secret. How do you stick your little pecker into a donkey's mouth and don't ended up the donkey chew off your little pecker and two tiny.