Tuesday, March 23, 2010

Who Wants to Help Reform Health Care

If any of you are interested in making health care more affordable in Idaho and would like to work on this issue between now and the next session, let me know. I have found some interesting facts about the Health Care system in Singapore that I have added below.

http://www.moh.gov.sg/mohcorp/hcsystem.aspx

Introduction to Medisave

Medisave, introduced in April 1984, is a national medical savings scheme which helps individuals put aside part of their income into their Medisave Accounts to meet their future personal or immediate family's hospitalization, day surgery and certain outpatient expenses.

Under the scheme, every employee contributes 6.5-9% (depending on age group) of his monthly salary to a personal Medisave account. The savings can be withdrawn to pay the hospital bills of the account holder and his immediate family members.

Contributing to Medisave
Typically, an employee would contribute between 6.5-9% of their wages to Medisave. Find out exactly how you are contributing to Medisave here.

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