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My Paper, Friday, February 28, 2014, Page A30, Lifestyle, Technology
From http://epaper.mypaper.sg/emnd/fvxen/fvxp/fvxpress.php?param=2014-02-28
Source Website: http://mypaper.sg/lifestyle/new-sandisk-flash-drive-zips-along-20140228
By Yeong Ah Seng, myp@sph.com.sg, mypaper, Published on Feb 28, 2014
By Yeong Ah Seng, myp@sph.com.sg, mypaper, Published on Feb 28, 2014
Reference
My Paper, Wednesday, February 26, 2014, Page A11, Opinion
From http://epaper.mypaper.sg/emnd/fvxen/fvxp/fvxpress.php?param=2014-02-26
Source Website: http://mypaper.sg/opinion/little-peace-mind-medishield-ips-20140226
By Salma Khalik, The Straits Times, myp@sph.com.sg, mypaper, Published on Feb 26, 2014
PHOTO: CAPTIVE MARKET: The writer is concerned that by the time she is old, frail and in need of hospital care, the insurance policy that she's been paying for years will let her down. What the writer finds most disturbing is the way health insurers decide to remove some of the coverage promised - without her explicit consent.
PHOTO: THE STRAITS TIMES
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjeQXglXTI6RQ_bd9pZTqoHGBQh8AHKGD3A2NcTK1ORsgQficn8B1NCz-aqaQ09kzcPiQv0JL8Mm4gmCWiUQIsFHAHQHK0fhlJcgBSx1-EHQ1M4j3O9xAVfjgdwe371y0adFRQd5Gs2UOw/s1600/MY_20140226_OPINION26B_P_163700-1.jpg
http://mypaper.sg/sites/default/files/styles/large/public/field/image/20140226/MY_20140226_OPINION26B_P_163700.jpg
http://mypaper.sg/opinion/little-peace-mind-medishield-ips-20140226
THE more I look into the MediShield integrated plans (IPs), the more concerned I get that by the time I'm old, frail and in need of hospital care, the insurance policy I've been paying for years in hopes of good medical coverage will let me down.
Like many people, I'm insurance-naive.
I assumed that when I signed on the dotted line for coverage under a particular plan, I would at least get the coverage the insurer had promised at the time I joined.
Yes, I know insurance premiums will go up as the cost of medical care rises. That I can live with.
What I find most disturbing is the way the insurer can decide to remove some of the coverage promised - without my explicit consent.
Isn't an insurance policy a contract between the insurer and the insured? Shouldn't both parties have to agree to changes?
I now find, to my dismay, that I have indeed agreed to the new terms by continuing with the policy - the contract is renewed every year when I pay my premium. Should I disagree with the new terms, I can decide not to recontract.
But is that really an option?
Of course not.
Medical insurance, unlike car or travel insurance, is one where the insurer clearly has the upper hand.
Customers can't easily shop around for a cheaper or better plan - especially if they have some chronic ailment which most insurers would happily exclude from coverage.
So, for most people, changing a plan after the age of 50 - when more than half have some chronic ailment like high blood pressure, high cholesterol levels or diabetes - could mean getting lower coverage.
Only their existing insurer is obliged to continue covering them - a requirement by the Government for all IPs where Medisave can be used to pay for premiums.
Thank goodness for that.
But I've heard many stories in my 14 years of covering health care for The Straits Times of how some private insurers stop renewing, and stop paying out claims, after a person is down with a major ailment such as cancer.
This would appear to make a travesty of insurance, since coverage is withdrawn at the point when you most need it.
What I don't understand, too, is this: If the contract is renewable annually and each age band pays for itself, why can't I simply enter into a similar contract with another insurer - without having to make a new medical declaration and being excluded for some illnesses?
After all, what the insurers are saying is that all the premiums I had paid in the past were meant to be used by people in my age group, for treatment of diseases already diagnosed.
Of course, some money from those premiums I paid has to be kept, to continue treating patients with diagnosed problems.
But why can't I take the equivalent sum for future payments from my premiums with me, and go to another insurer for the same level of coverage?
I also wish that the Government - either the Monetary Authority of Singapore, which oversees insurance, or the Ministry of Health (MOH) - had put in further conditions to ensure that people are treated fairly by insurers.
Right now, before making changes to their plans, insurers need to get approval from the MOH.
Unfortunately, the MOH does not appear to be a proactive supporter of patients' needs.
It was only when The Straits Times highlighted the lower dialysis payouts by AIA and Aviva to its policyholders from March last year that the ministry stepped in and told them not to reduce the payout for people already making claims.
But this ruling is only for people already diagnosed and making claims.
Anyone claiming after the payouts were reduced has no choice but to accept the lower sums.
If insurers can reduce payouts for dialysis at will, what's to stop them from doing so for other treatments in the years to come?
After all, many of their policyholders will find it difficult to switch plans. They are essentially a captive market.
The MediShield Life review committee might want to look at how people on IPs can be protected for their own good. Two in three MediShield policyholders also have IPs.
It could insist on no reduction in payouts.
Or the MOH could come up with a guide on the minimum required for each class of plans, leaving insurers free to give more, should they want to.
As Singapore is moving towards greater dependence on insurance to cope with large medical bills, it is imperative that health insurance regulators get their act together and place restrictions on the way insurers chop and change coverage and payouts at will.
The assurance of having sufficient payouts from one's insurance scheme is vital for people's peace of mind.
By Salma Khalik, The Straits Times, myp@sph.com.sg, mypaper, Published on Feb 26, 2014
My Paper, Wednesday, February 26, 2014, Page A4, News, Top Stories
From http://epaper.mypaper.sg/emnd/fvxen/fvxp/fvxpress.php?param=2014-02-26
Source Website: http://mypaper.sg/top-stories/spore-its-way-super-ageing-20140226
By LIM YI HAN, limyihan@sph.com.sg, mypaper, Published on Feb 26, 2014
PHOTO: By 2050, there will be only two persons of working age for each person aged above 65, according to a report by Allianz Global Investors on Monday.
Posted by JonasDeRo (Forgotten Glory), Digital Art / Drawings & Paintings / Landscapes & Scenery, ©All rights reserved - www.jonasdero.be
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgrlH7HGMfbRR5SdkMieNVcWSu7HHKOyekgmf14i1gL9AYM9qDfIVVLnJXO7OFzgD4UvZPfvv_CON0ExIIFsrUET04tU4g0GLO3CWwaPRtazdkrTof__HX4ZcFnEysDwKDSeEEH67b4-8g/s1600/forgotten_glory_by_jonasdero-d3jkcvy.jpg
http://fc08.deviantart.net/fs71/i/2012/288/1/f/forgotten_glory_by_jonasdero-d3jkcvy.jpg
http://fangwangllin.deviantart.com/art/Forgotten-Glory-214261054
And by 2050, there will be only two persons of working age for each person aged above 65, according to a report by Allianz Global Investors on Monday.
The investment company, which conducted demographic research, said in the report: "By then, Singapore will not be able to avoid the problems super-aged Japan is already facing. The difference will only be in terms of the timeframe."
Meanwhile, another survey has found that nearly four in five Singaporeans plan to rely on their personal savings and investments as a primary source of income after retirement.
PHOTO: MP Lee Bee Wah said: "When the Government has to set up old folk's centres, we hope people understand and not cry out 'not in my backyard, don't put them there'."
Posted by Rofelrolf (Survivor Artwork Concept), Digital Art / Drawings & Paintings / Landscapes & Scenery, ©2013-2014 Rofelrolf
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWbSQSWHb7XZQAX5GDdD2rVYv-eMiDn2JeQg4gKXfTzzoXSuFU4QVXKbuulmA6driSQG0fmqpfkaKFzXbzbB0xQf47CZvCWCiuVubxkUqmqbNCPRLq6wgPvFF_KonL-QjmjWiSk0FmZuU/s1600/survivor_artwork_concept_by_rofelrolf-d6ncqgn.png
http://fc08.deviantart.net/fs70/i/2013/265/9/9/survivor_artwork_concept_by_rofelrolf-d6ncqgn.png
http://fangwangllin.deviantart.com/art/Survivor-Artwork-Concept-402022391
Benefits include subsidies for outpatient care and Medisave top-ups, all to be paid for from an $8 billion fund set aside in the Budget.
Meanwhile, MP Lee Bee Wah, who sits on the Government Parliamentary Committee for Social and Family Development, said that she hopes there will be more non-governmental organisations, and more entrepreneurs, willing to set up non-profit organisations looking into the needs of the elderly.
She added: "When the Government has to set up old folk's centres, we hope people understand and not cry out 'not in my backyard, don't put them there'."
By LIM YI HAN, limyihan@sph.com.sg, mypaper, Published on Feb 26, 2014
My Paper, Tuesday, February 25, 2014, Page A8, News, Technology, Top Stories
From http://epaper.mypaper.sg/emnd/fvxen/fvxp/fvxpress.php?param=2014-02-25
Source Website: http://mypaper.sg/top-stories/firefox-os-power-new-32-smartphone-20140225
By AFP, mypaper, Published on Feb 25, 2014
PHOTO: CHEAP: The US$25 Firefox smartphone would rely on integrated circuits made by Chinese electronics manufacturer Spreadtrum.
PHOTO: BLOOMBERG
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgxO2HWtqMaxllmeZqB5QXa519j-y4cf2c4zVnlnoE0xCURUS37X7WaryhO775iqAOHUZpMvAlpZTycaKxG4JUeAhMQn6OPQz5Pdpe01cLJJOLCPoxIxxqVFyOQxce58oRTeVgpIWUbICI/s1600/MY_20140225_FOX25_P_161928-1.jpg
http://mypaper.sg/sites/default/files/styles/large/public/field/image/20140225/MY_20140225_FOX25_P_161928.jpg
http://mypaper.sg/top-stories/firefox-os-power-new-32-smartphone-20140225
BARCELONA (capital city of the autonomous community of Catalonia in Spain)
FIREFOX OS, an upstart smartphone operating system aimed at challenging the Apple and Google duopoly, will power a new category of US$25 (S$32) smartphones for developing countries, the California-based non-profit Mozilla Foundation said on Sunday.
Mozilla sought to show off the success of its system, launched a year ago to prise open a market in which Google's Android was at the heart of 78.4 per cent of all smartphones sold last year and Apple's iOS in another 15.6 per cent, according to figures from technology research house Gartner.
On the eve of the opening of the four-day Mobile World Congress in Barcelona, Spain, Mozilla announced the commercial launch of seven new devices using Firefox OS, including Chinese handset maker ZTE's smartphones, Open C and Open II, as well as a range of Alcatel OneTouch tablets.
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