Lucky draw to get low-wage workers to join CPF scheme

[eothian]

Just heard from a discussion on radio this morning about the lower income group can utilise their Medisave to pay for chronic illness consultation / treatment at gahmen polyclinics. Just found shocking facts :

(i) You can only use medisave to pay for your consultation / treatment if it is charged S$30 and above ;
(ii) There is a administrative charge of S$3.14 per transaction to use the medisave
(iii) You can only use it for chronic illness, not consultations for common flus, or body checkup etc.

It also seems that the gahmen wants to make known about this policy to the lower income group. Think again, would it be effective for them to consider using their medisave to pay with the above criteria ?

[ultramanz]

For the lower wage group, "money is really not enough"... , they probably know that already... I suppose they're pushing this CPF contribution so that the low wage workers can "take care of themselves-medical expenses especially" during old age.  Our govt is smart isn't it? So they dun "burden" the economy when our population ages...  Off course to put it nicely to them or "packaging"per se, they'll tell u saving in CPF is good for you! Who doesn't know that? But for them, the lower wage worker like one of my relatives, salary just cover barely expenses.

well if thats the purpose aint that better for the bulk of the working population? i would rather tat they push for more finnancial planning for the needy right from the start than to turn our country into a welfare state where subsidies are jus given freely to anyone and everyone..

imagine up to half of your income is taken away as tax to support the welfare of your countrymen.. tats wats happening in many 'welfare states' in europe...

[Stallion]

What the old folks say is really true.
In sinkiland, can die but cannot fall sick.
Use medisave to pay for medical bills also have charges? WTF!
It's like when we use our own money, we are charged for using it.
So if that is the case, lower income group rather keep more cash than to part with some of their earning as cpf!
makes no sense man. if they keep cash, caught flu can use the $$ to see doctor,
else they got to pray hard their illness is a serious and chronic one then can use medisave??

[Alaska]

If a self-employed person has never contributed CPF? means no income right? But cash-rich, invested a lot on insurance, accidental and hopitalisation plan.
If that person admitted into hospital. He can admitted to government hospital, better still can claim further subsidy.

Must as well use the money in Medisave to buy hospitalisation insurance. What for let the goondu to manipulate our sweat money.