22 Mar '12, 9am

There has been much interest generated in the SDP's healthcare plan since it was launched last Saturday. As a...

scrapping the 3M system of Medisave, Medifund and Medishield and return the Medisave money to one's CPF Ordinary Account, a single-payer system by establishing the National Health Investment Fund (NHIF) where the government and the people contribute into, compulsory individual contributions to the NHIF to be taken from one's CPF. The amount will average $427 per year per person (or $40 a month) depending on one's level of income, that the payment covers basic health, accident and pregnancy, co-payment with cap – to emphasise personal responsibility and reduce abuse, issuing a Healthcare Benefits Smart Card upon payment of annual contribution which entitles holder to subsidies. The card also stores medical information, utilisation history and payment (reduces administrative costs), single-ward class which provide same treatment for all; treatment based on clinical need and ...

Full article: http://yoursdp.org/index.php/news/singapore/5191-the-sdp-...

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