In June 2014, the enhanced benefits for MediShield Life were announced.

It was stated that there will be substantial increases in benefits for MediShield Life that will cover all Singaporeans for large hospital bills.

At a time when Singapore is ranked as the most expensive place to live in the world, where Singaporeans yet continue to receive the lowest wages among the high-income countries, CPF is akin to an additional tax on our income.

On 7 June 2014, Singapore had its first CPF protest against the increase of the minimum sum as an estimated only 1 in 8 Singaporeans who reach age 55 were able to meet the CPF Minimum Sum and MediSave Minimum Sum entirely in cash from their CPF accounts.

There is no transparency and accountability towards how the government is using our CPF monies or the returns derived from CPF funds, all these despite MPs calling for higher rates, improvements to our CPF system practically every year.

From a cash flow perspective, the Government is still not spending a single cent on healthcare because MediSave contributions in a year continue to exceed all withdrawals including government healthcare spending.

Being a Singaporean, I’m concerned about my future and have decided to invite all political parties that took part in GE2011 to hear their views regarding my concerns.

As such, this event aims to highlight the inadequate measures in place to protect the healthcare needs of Singaporeans.

Event details:

Date:                                     Saturday 12 July 2014
Time:                                     4.00pm – 6.00pm
Venue:                                   Hong Lim Park – Speaker’s Corner

Programme:

Time                                      Speaker
4.00pm – 4.15pm             Mr. Tan Kin Lian, former presidential candidate
4.15pm – 4.30pm             A political party
4.30pm – 4.45pm             RP Secretary-General Kenneth Jeyaretnam
4.45pm – 5.00pm             SDP Treasurer Chong Wai Fung
5.00pm – 5.15pm             Mr. Vincent Wijeysingha
5.15pm – 5.30pm             Mr. Leong Sze Hian
5.30pm – 5.45pm             Ms. Han Hui Hui
5.45pm – 6.00pm             Mr. Roy Ngerng
6.00pm – 6.30pm             Questions & Answers

To find out more about the event, you can go to the Facebook event page at https://www.facebook.com/events/251518938371663

Han Hui Hui

Published by kjeyaretnam

I'm a Singaporean economist who became an opposition activist. I blog to provide an alternative to the porkies that the Pinkies tell. It just so happens that my alternative is the truth. That's why I've never been sued in any civil or criminal court no matter how hard hitting my criticism. I'm quoted and interviewed and asked to speak across the world but largely censored in Singapore in an effort to silence my political opinions. The left hate me because they think I split their vote and because I eschew their outmoded economic models. Models that don't work. The Right and the Conservatives hate me because I'm a liberal. I'm not sure what the middle think of me. I don't think there are more than a handful of people in the middle, here in Singapore. I'm a Singaporean born and bred, dual heritage, my parents Singaporean established here before the State of Singapore was created. I'm not Eurasian. I read economics at Cambridge and could be broadly described as from the Keynesian school but I believe in interventions. I was formerly a successful hedge fund manager. After economics and politics my greatest interests are history, film and Makan. I run but I run so I can eat like a Singaporean. View all posts by kjeyaretnam