I was dismayed to read that the new CareShield Life scheme has been made universal, thereby allowing those with pre-existing disabilities who can successfully make a claim to draw $600 per month immediately after paying the first monthly premium.
Subsequent premiums are not required.
Of course, helping others is an altruistic act, but it is unfair for fellow Central Provident Fund members to bear the cost of supporting those with pre-existing disabilities, small though their number may be.
Since the Government has made the scheme compulsory, shouldn't it also join in with a generous contribution to the scheme?
Simply helping Singaporeans who cannot afford their premiums is not enough.
Raymond Han