ST: MOH engaging Great Eastern to better understand suspension of Mount Elizabeth pre-authorisation

BlackWing1977

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Heng ah, edmwer don't believe in insurance. Prefer everything pay with own money.
You dun believe also still need to pay for Medishield... cannot escape one... as long as you choose the cheapest ward... I think Medisave and Medishield should be more than enough to cover lar..
 

haremdevil

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65% approved…high COL, high medical cost, high HDB… :)
don’t understand what’s the problem…:D
 

Ender

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Machiam like car workshops. When claim insurance, the hospital will jack up the prices and prescribe unnecessary test or meds.
 

Visor9999

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It’s too late. Moh should already check many years ago. Not waiting until excessive overcharging now than take action
 

Visor9999

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Too high cost thats why need to suspend. MOH should award GE for being prudent in approving

The cost is not transparent, we all pay in terms of ultra high rider premiums in cash yearly. Just look at how much cash rider for insurance go up, almost double over the last few years
 

ZaiNan

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Insurance is meant to benefit commoners

But sadly it has turn into a rich man playground with agents chasing for luxury condo and cars to compete for higher networth clients...
 

moonlighter_sg

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Is this a tip of iceberg? Government cannot let insurance company to fail. Too big to fail!
 

lalalalalala

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Nothing will happen one la. U think moh will revoke any license meh.

Just monitoring at most.

Probably next thing is all insurance premium 2x or sth

U see all the parties, easiest to bully is sinkies since no repercussions.
 
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