Come 2021, Medishield Life premiums will increase by up to 35%.
It adds to our already high cost of living but we have no choice but to pay up.
Foong Swee Fong posted a short article on this in the TRE.
I am tired of talking about this and how our CPF savings are being depleted and we can't do anything about it. And now and then some imbeciles will open their mouths to deride our lack of savings and to increase our CPF contributions to make sure we save enough for retirement. The point is that we are having the highest rate of savings in the world and after saving for a life time still find ourselves not having enough of savings for retirement and have to work till the last day of our lives. Where did our CPF savings go to? Why we cannot save enough for our retirement?
Below are some of the comments in response to Foong Swee Fong's article that said it all. But the imbeciles would close their eyes and ears and pretend they did not see or hear any complaints. They just shut out everything and do as they want with your CPF savings, without your consent. They said this is a rule of law country. Everything done to your CPF savings is legal and lawful.
35% one shot rise!
Daylight Robbery is what it is.
They do it just because they can!
61% gave them full permission !
Who can speak up for the voiceless in sg?
They keep us in virtual shackles and try to make us believe they do it for our own good.
Is this LHL’s punishment on us for his bad showing at the polls few months ago???
He loves to see us suffer fobt he?
onLEE 35 PCT,WHY NOT 350 PCT?!!!!
WTF! After LOOTING $100 BILLION N GRANTING US $600 ON A SUPPOSED PER CAPITA OF $23K,This govt wants to $crew us more!
They promise no gst increases till later but screw us on medishit lie premium all the same?
This groupie of ar$ehole$ need to be axed!!!
That’s how the SG Govt give free vaccination by increasing the Medishield Life premium etc!
Give u a free drumstick & takes back a whole chicken!
35% increase is really Vampirical.
MediShield Life is a HOAX?
https://www.tremeritus.net/2020/10/28/medishield-life-is-a-hoax/
Useless Medisafe life is going up by whopping 35% which is approximately an increase of $400 for the elderly old. Two elderly old means $800 increase to be paid for by their children if they have no money. That means [2 X ~$1600 = $3200] to be paid for by their children Mandatorily excluding the premium of themselves.
There is no reason whatsoever to keep voting for them, absolutely without any doubts. Why? I cannot understand.
The Evil Regime just gave billions to FT companies for no reason during the pandemic rather than give the people directly. How else are they going to get this back? Expect more rises in taxes and other stuff as well.
PS. And mind you, this is what you voted for. So don't complain. Be grateful that the increase is not more. It is for your own good. It is also for the good of those that would benefit from the 35% premium hike for sure. You have to thank them for being so merciful.