Wednesday, August 19, 2009

More medical coverage

More medical coverage
By April Chong
Health Minister Khaw Boon Wan (left) said the ministry will review how to support community hospitals, study the withdrawal limit out of Medisave and insurance coverage and see if $150-a-day is adequate. --ST PHOTO: CAROLINE CHIA

WITH 'step-down care' being the Ministry of Health's next big area of focus, Health Minister Khaw Boon Wan on Wednesday outlined some of the areas he will zoom in on in the coming months.

These include the funding of long-term care and the adequacy of insurance coverage for treatment at community hospitals, he told Parliament on Wednesday.

To cope with the demands of a rapidly ageing population, the Health Ministry will move beyond acute hospitals - which are now well covered by basic health-care insurance scheme MediShield - and focus instead on care outside such hospitals.

Appropriate funding for long-term care, including at-home nursing, is an area the ministry is studying and will be placing more emphasis on, he said.

'I'm quite sure it will be an area of focus in next year's Budget debate for the Ministry of Health,' he said without elaborating.

He was replying to Nominated MP Paulin Tay Straughan's question on whether MediShield is sufficient to cover those with chronic diseases and what plans there were to alleviate their health-care bills.

Another MP, Dr Lam Pin Min (Ang Mo Kio GRC), raised a separate concern: With the maximum daily withdrawal limit for inpatient care at acute hospitals set at $450 - much more than the $150 at community hospitals - the disparity might encourage patients to stay put in acute hospitals rather than transfer out.

Mr Khaw said the ministry will review how to support community hospitals, study the withdrawal limit out of Medisave and insurance coverage and see if $150-a-day is adequate.

He explained that distinct claim limits had been set because of the differing cost of care. The cost of care is lower in community hospitals, hence the claim limit is also lower.

'Sometimes if you set it too high, it may encourage providers to overprice knowing that somebody is paying the bill,' he said.

Read the full story in Thursday's edition of The Straits Times.

Tuesday, August 18, 2009

More under MediShield


[Health Minister Khaw Boon Wan told Parliament on Tuesday that
he was confident of attaining this goal because of the effectiveness
of new measures introduced in December 2007.]

THE Health Ministry is working to reduce the number of Singaporeans not covered by a basic health-care insurance scheme.
It wants to slash the percentage of those not covered by MediShield - designed for those choosing subsidised wards B2 and C - from the current 16 per cent to a single digit number.
Health Minister Khaw Boon Wan told Parliament on Tuesday that he was confident of attaining this goal because of the effectiveness of new measures introduced in December 2007.
The Government implemented automatic coverage for newborns, which starts when the birth of the child is registered.
Parents opposed to it can opt out when registering the birth. Currently, 98 per cent of newborn babies are covered.
Similarly, this medical insurance is bought for uninsured Primary 1 pupils.
Again, parents will pay for it and can opt out. So far, less than four per cent of parents have opted out of this scheme, said Mr Khaw.
His ministry is also currently working with schools to extend coverage to students in mainstream schools.
For adults, it is working with NTUC to get their members to sign up for their spouses.
As a result of these measures, MediShield coverage increased by 200,000 members last year, said Mr Khaw.

Read the full story in Wednesday's edition of The Straits Time.

THE SUGAR KING

Interesting insight into how success comes about.

Robert Kuok Hock Nien's notes on the past sixty years

(On the occasion of Kuok Group's 60th Anniversary 10 April 2009)


[Robert Kuok is the boss of the Shangri-la Hotel Group and many other industries as stated at the end of the article. He had been named as "The Sugar King" of the world in the early days. He always stayed at a very low profile. It is a good article to read and understand the philosophy of a successful person, even though he has abundance of wealth!]


(1) My brothers and I owe our upbringing completely to Mother. She
was steeped in Ru-Jiao ? the teachings of Confucius, Mencius, Laozi and
other Chinese sages. Ru-Jiao teaches the correct behaviour for a human
being on his life on earth. Mother gently, and sometimes strongly, drummed
into the minds of her three boys the values of honesty, of never cheating,
lying, stealing or envying other people their material wealth or physical
attributes.


(2) Father died on 25 December 1948 night without leaving a will.
Following the Japanese surrender, he had re-registered the firm as a sole
proprietorship. We went to court to get an appointment as managers,
permitting us to continue to manage Tong Seng & Co. The judge said that,
as there were two widows, the firm and the estate should be wound up.


(3) We decided to establish Kuok Brothers Limited. In mid-January
1949, five of us met at a small roundtable in our home in Johore Bahru.
Present were my MOTHER, cousin number five HOCK CHIN, cousin number twelve
HOCK SENG, my brother HOCK KHEE nicknamed Philip (a.k.a. cousin number
seventeen), and myself (a.k.a. cousin number twenty). We sat down and
Mother said, "Nien, would you like to start?" I said, "Fine, yes I will
start." To cut the long story short, we got started, and commenced
business from a little shop house in Johore Bharu on 1 April 1949.


(4) As a young man, I thought there was no substitute for hard work
and thinking up good, honest business plans and, without respite, pushing
them along. There will always be business on earth. Be humble; be
straight; don't be crooked; don't take advantage of people. To be a successful
businessman, I think you really need to brush all your senses every
morning, just as you brush your teeth. I coined the phrase "honing your
senses" in business: your vision, hearing, sense of smell, touch and
taste. All these senses come in very useful.


(5) Mother was the captain of our ship. She saw and sensed
everything, but being a wise person she didn't interfere. Yet she was the
background influence, the glue that bound the Group together. She taught
my cousins and my brothers and me never to be greedy, and that in making
money one could practise high morality. She stressed that whenever the firm does
well it should make donations to the charities operating in our societies.
She always kept us focused on the big picture in business. For example:
avoid businesses that bring harm, destruction or grief to people. This
includes trades like gambling, drugs, arms sales, loan-sharking and
prostitution.


(6) We started as little fish swimming in a bathtub. From there we
went to a lake and now we are in the open seas. Today our businesses cover
many industries and our operations are worldwide but this would not have
been possible without the vision of the founding members, the dedicated
contributions and loyalty of our colleagues and employees, and very
importantly the strong moral principles espoused by my mother.


(7) When I hire staff I look for honest, hardworking, intelligent
people. When I look candidates in the eye, they must appear very honest to
me. I do not look for MBAs or exceptional students. You may hire a
brilliant man, summa cum laude, first-class honours, but if his mind is
not a fair one or if he has a warped attitude in life, does brilliance really
matter?


(8) Among the first employees were Lau Teo Chin (Ee Wor), Kwok Chin
Luang (Ee Luang), Othman Samad (Kadir) and an Indian accountant called
Joachim who was a devout Roman Catholic and who travelled in every day
from Singapore where he lived.


(9) I would like on this special occasion to pay tribute to them and
in particular to those who were with us in the early days; many of whom
are no longer here. I have already mentioned Lau Teo Chin (Ee Wor) and Kwok
Chin Luang (Ee Luang) and Othman Samad (Kadir), there are others like Lean
Chye Huat, who is not here today due to failing eyesight, and Yusuf Sharif
who passed away in his home country India about one and a half years ago
and the late Lee Siew Wah, and others who all gave solid and unstinting
support and devotion to the Company. It saddens me that in those early
difficult years these pioneers did not enjoy significant and substantial
rewards but such is the order of things and a most unfortunate aspect of
capitalism. However through our Group and employee Foundations, today we
are able to help their descendants whenever there is a need to.


(10) I have learnt that the success of a company must depend on the
unity of all its employees. We are all in the same boat rowing against the
current and tide and every able person must pull the oars to move the boat
forward. Also, we must relentlessly endeavour to maintain and practise the
values of integrity and honesty, and eschew and reject greed and
arrogance.


(11) A few words of caution to all businessmen and women. I recall the
Chinese saying: shibai nai chenggong zhi mu (failure is the mother of
success). But in the last thirty years of my business life, I have come to
the conclusion that the reverse phrase is even truer of today's world:
chenggong nai shibai zhi mu. Success often breeds failure, because it
makes you arrogant, complacent and, therefore, lower your guard.


(12) The way forward for this world is through capitalism. Even China
has come to realise it. But it's equally true that capitalism, if allowed
to snowball along unchecked, can in many ways become destructive.
Capitalism needs to be inspected under a magnifying glass once a day, a
super-magnifying glass once a week, and put through the cleaning machine
once a month.

In capitalism, man needs elements of ambition and greed to
drive him. But where does ambition end and greed take over? That's why I
say that capitalism, if left to its own devices, will snowball along, roll
down the hill and cause a lot of damage. So a sound capitalist system
requires very strongly led, enlightened, wise governments. That means
politician-statesmen willing to sacrifice their lives for the sake of
their people. I don't mean politicians who are there for fame, glory and to line
their pockets.


(13) To my mind the two great challenges facing China are the
restoration of education in morals and the establishment of a rule of law.
You must begin from the root up, imbuing and infusing moral lessons and
morality into youth, both at home and from kindergarten and primary school
upward through university. Every Chinese needs to accept the principle of
rule of law; then you have to train upright judges and lawyers to uphold
the legal system.


(14) Wealth should be used for two main purposes. One: for the
generation of greater wealth; in other words, you continue to invest,
creating prosperity and jobs in the country. Two: part of your wealth
should be applied to the betterment of mankind, either by acts of pure
philanthropy or by investment in research and development along the
frontiers of science, space, health care and so forth.


Tan Sri Robert Kuok Hock Nien (born 6 October 1923, in Johor Bahru, Johor), is an influential Malaysian Chinese businessman. According to Forbes his net worth is estimated to be around $10 billion on May 2008, making him the richest person in Southeast Asia. He is media shy and discreet; most of his businesses are privately held by him or his family. Apart from a multitude of enterprises in Malaysia, his companies have investments in many countries throughout Asia. His business interests range from sugarcane plantations (Perlis Plantations Bhd), sugar refinery, flour milling, animal feed, Palm oil and mining to finance, hotels, properties, trading and freight and publishing.

Saturday, August 15, 2009

Somebody's watching you

Beware. You can run but you can't hide - from surveillance cameras in the street, spyware that can easily be installed in your phone and car, computer programs that steal your personal information, and social networks that expose intimate details of your life.

Privacy is becoming a thing of the past. One can pin the blame on technology, which has made it easier for stalkers to spy on others using myriad gadgets and computer programs.

But on the other hand, people are also willingly giving up their privacy by spilling details of their lives on online forums and social networks like Facebook and Twitter. They publish everything about themselves - favourite haunts, birth dates and even family photos

Couple found dead in hotel

Couple found dead in hotel
By Nur Dianah Suhaimi

The bodies were removed from the hotel by 3pm. By 5pm, everything was as per normal and guests - mostly local couples - were seen entering and leaving the hotel. -- PHOTO: HANDOUT

A COUPLE were found dead at Fragrance Hotel Kovan in Upper Serangoon on Saturday, around noon.

The man was in his early 40s while the woman was in her late 30s. Both were Chinese, said the police. It was not known when they had checked into the hotel or how they were related to each other.

The police said they received a call at 12.10pm Friday and found the motionless bodies in one of the rooms. Paramedics pronounced them dead 20 minutes later.

The police have classified the case as an unnatural death and are investigating.

When The Sunday Times visited the hotel, its receptionist refused to comment on the incident. She gave a number to contact the management but the latter could not be reached.

The Sunday Times understands that the couple were in a room on the fourth floor in the 43-room hotel.

The bodies were removed from the hotel by 3pm. By 5pm, everything was as per normal and guests - mostly local couples - were seen entering and leaving the hotel.

None of them knew what had happened, in response to queries by the Sunday Times. Shopkeepers in the nearby shops were equally clueless.

Said a fruit-stall owner who declined to be named: 'I saw the two bodies being carried out by the police. But the hotel refused to say what happened and nobody else knew what was happening.'

The hotel, part of the Fragrance chain of budget hotels, is located near Upper Serangoon Shopping Centre.

Policyholders in the dark on how bonuses, dividends are calculated

Policyholders in the dark on how bonuses, dividends are calculated

I AGREE with Ms Lorna Tan ('Insurance funds need more transparency', July 31) and Mr Larry Haverkamp ('Policyholders underpaid?', Aug 6) on the urgent need for more transparency in insurance. At the moment, there is no way for policyholders, on their own, to verify the quantum gain or loss from investments made by insurance companies, much less the formula they use to derive bonuses and dividends (both annual reversionary and terminal).

I received a letter from AIA on July 18 last year informing me of the projected maturity proceeds of my policy, maturing this month. The accumulated reversionary bonus and bonus for 2008 were also listed separately.

Just one year later on July 19, I received another letter advising me that AIA would credit my maturity proceeds to my account on my maturity date of Aug 1. This indicated a shortfall in my terminal bonus of up to 24 per cent, while reporting a slight increase in reversionary bonus for 2009.

Since both reversionary and terminal bonuses depend on the investment outcome, why should they move in opposite directions? I wrote to AIA a letter dated July 22 seeking clarification on the discrepancy, but it has yet to be answered despite several calls to the customer service hotline.

On Aug 5, I received a letter from AIA dated July 29 confirming payment of my maturity proceeds and indemnifying itself against further claims on the policy. Since I paid the premiums for this policy with my CPF money, the proceeds were paid directly to my CPF bank account, giving me no chance to reject the payment. I have since made a written report to AIA, reserving my right to further claims.

In short, if I had not noticed the discrepancy in the movements between the reversionary and terminal bonuses, I, like other policyholders, would have no choice but to accept the company's claim that the shortfall in terminal bonus was due to poor investment earnings.

Meanwhile, my case implies that AIA does not use 'orphaned funds' to smoothen the terminal bonus payouts, considering that many of its policyholders prematurely surrendered their policy last year, thus gorging the company with 'orphaned funds'.

Lim Khay Teg

Obama confident consensus on health care possible

WASHINGTON: Despite mounting criticism of his health care reform, US President Barack Obama expressed confidence Sunday that a national consensus on the measure was possible as he stepped up his campaign to win over public opinion. "I am confident that when all is said and done, we can forge the consensus we need to achieve this goal," the president wrote in an op-ed piece in The New York Times. "We are already closer to achieving health-insurance reform than we have ever been." He argued that the American Nurses Association and the American Medical Association were in favor of his reform, and that there was broad agreement in Congress on about 80 per cent of what was necessary to do.

Obama also pointed out that his administration had an agreement with drug companies to make prescription drugs more affordable for seniors. The president wants Congress to approve his health care reform proposals by the end of the year in order to fulfill one of his key campaign promises - providing health care to the 46 million Americans, some 15 per cent of the population, who currently do not have any medical coverage. Obama's health care plan includes a government insurance option, which has been fiercely criticised by Republicans. The US president also hopes to cut in half runaway healthcare expenditures which, if unchecked, are forecast to gobble up one-fifth of US gross domestic product by 2013. But he has met increasing resistance from Republicans and even some among his own Democratic Party worried about the costs of such a reform.

Obama toured western states this weekend as he took his drive for health care reform on the road in an attempt to wrest back control of the debate on his flagship domestic policy. In his article, Obama warned that in the coming weeks, "cynics and the naysayers" will continue to try to undermine his reform proposals. "But for all the scare tactics out there, what's truly scary - truly risky - is the prospect of doing nothing," he warned. "If we maintain the status quo, we will continue to see 14,000 Americans lose their health insurance every day," noted the president. "Premiums will continue to skyrocket. Our deficit will continue to grow. And insurance companies will continue to profit by discriminating against sick people."