I try to figure this out, maybe you guys can help me. I opted out of MediShield from CPF years ago, & is on Income Shield. Now, I have to buy MEDISHIELD LIFE plus Income Shield, isn't that, I have to pay for two insurance premiums?
What information, I am getting is, one, MS Life, pays for medical bills up to a certain level, which is lower & IN Shield, pays for a higher level.
If I get warded in the hospital..which plan, do I activate? The Second thing is the the DISCOUNT aka subsidy on the premium is calculated on your Home Pty Tax & the average income, for example, in a family of 4, the two oldest adults are retired & their two children are working adults say, a monthly income of $10,000 each, the average would be $5,000..even two in the house have no income. That is one thing, from what I read, the DISCOUNT will be for 5 years..after that?...it will be NORMAL right. That means, an increase of annual Income & the worst part of this, YOU CANNOT OPT OUT, you refuse to PAY...you go TO JAIL.
What kind of government on this earth forces the people, to do such thing??? only we...allow this to happen.