My friend told me that he heard of a case where a patient was treated in a private hospital and the bill was over $1 million. About 80% are covered by insurance. The patient died.
Guess who pays for the 80% of the bill? It is not the insurance company. It is the policyholders who bought private hospital insurance.
This is the reason for the premium rate to go up very high.
The insurance company is not able to control the large bills charged by the private hospitals. They increase the premium rate for the insurance.
If you do not want to pay the large premium rates, it is better to buy insurance for public hospitals, and not for private hospitals.
5 comments:
Believable. Lots of people heard about cases like that. They are a business entity, not there to save lives. The country is not as good as it used to be. The only one people feared, as not to mug others had given up. He still has not jumped up from the grave. Now companies, private or public, hospitals, banks, properties and the rest do what they like because they get away and there is no one to fear. When the 4G takes over, it will be time to vote them out. That is what most people are talking about.
Car accident claim sama sama. Once insurance pay, they will tell you the whole car needs to repair. Jeez mate, why not? New spare parts.
My flu jab costs $45. My parent's cost $70 per jab( subsidies by the government). Same
doctor, clinic and ingredient.
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SINGAPORE - The Workers' Party (WP) town councillors involved in multimillion-dollar lawsuits over alleged improper payments ended their fundraising effort on Saturday (Oct 27), after collecting more than $1 million.
It had launched the online crowdsourcing appeal on Wednesday.
At the close of the appeal, WP chairman Sylvia Lim, secretary-general Pritam Singh and former chief Low Thia Khiang had raised a total of $1,008,802.
(The proof is in the pudding?)
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