Hospital bills are going to go up and the people will not have enough savings in their Medisave to pay for it. What is the solution? Simple, make them save more,or take more of their money from their CPF. That looks like the most brilliant suggestion coming from Khaw Boon Wan. He said that a paper would be put up in Parliament and the MPs will have to decide which way to go. Currently Medisave takes 6.5 percent from the CPF savings. His proposal is to increase it to 9 percent. Full Story
OPINION: When cost overruns...- Chua Chin Leng
Asian Correspondent, 29 Jan 2010
Hospital bills are going to go up and the people will not have enough savings in their Medisave to pay for it. What is the solution? Simple, make them save more,or take more of their money from their CPF. That looks like the most brilliant suggestion coming from Khaw Boon Wan. He said that a paper would be put up in Parliament and the MPs will have to decide which way to go. Currently Medisave takes 6.5 percent from the CPF savings. His proposal is to increase it to 9 percent. Full Story
Hospital bills are going to go up and the people will not have enough savings in their Medisave to pay for it. What is the solution? Simple, make them save more,or take more of their money from their CPF. That looks like the most brilliant suggestion coming from Khaw Boon Wan. He said that a paper would be put up in Parliament and the MPs will have to decide which way to go. Currently Medisave takes 6.5 percent from the CPF savings. His proposal is to increase it to 9 percent. Full Story
