- POSTED: 05 Jun 2014 19:00
The Labour Movement says it supports MediShield Life as it will give Singaporeans greater peace of mind and curb out-of-pocket expenses.
SINGAPORE: The National Trade Union Congress (NTUC) released a statement on Thursday (June 5) showing support for a committee's recommendations to enhance MediShield Life. It note that the universal public health insurance scheme will provide all Singaporeans better protection against large medical bills and will assure Singaporeans that they are covered for life, offering them greater peace of mind.
NTUC also says it is glad the committee accepted some of its recommendations which reflect the concerns of its workers.
"The Labour Movement is pleased to note that the (MediShield Life Review Committee) has taken in our recommendation to further tier the inpatient co-insurance rate to 3 per cent for exceptionally large bills. This would help to contain out-of-pocket expenses, especially in the event of a large medical bill."
NTUC says it acknowledged that with these proposals calling for more benefits and coverage for MediShield Life, a higher premium could be expected. However, it says it is "heartened" that the Government has shown commitment to help Singaporeans and workers with premium subsidies. NTUC says it hopes the Government can provide support through Medisave top-ups for needy and low-income households.
On top of that, it is urging the Government to take the lead in reviewing how to remove duplication of insurance coverage.
"As the biggest employer in Singapore, the Government could lead by example and increase its 1 per cent Additional Medisave Contribution in the existing Medisave-cum-Subsidised Outpatient (MSO) Scheme to cater for premiums and medical costs. Similar, other employers can make additional Medisave contributions to boost workers’ ability to pay for MediShield Life premiums."
In the meantime, NTUC says it will continue looking into measure such as the Portable Medical Benefits Scheme, to remove coverage duplication.