OPINION: PAP Government's Notion Of "Affordability" Questioned

Singapore Notes, 20 Aug 2013
The question on every body's mind after Sunday night: By how much will premiums go up? The answer is already written on the wall: As much as they can get away with it.
Health Minister Gan Kim Yong issued the vacuous assurance, that premiums under the new Medishield Life scheme will be affordable. A vacuous truth is a truth that is devoid of content because it asserts something about all members of a class that is empty - they haven't even figured out the numbers yet. With the next breath intake, he said the Government will subsidise the premiums for those who cannot afford them. Maybe we missed something here, why are subsidies needed at all if the premiums are truly affordable? Full story
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