The proposal by the ElderShield Review Committee in January to make the policy mandatory is raising eyebrows, especially among the younger generation who not only share a disdain towards the name but also detest mandatory spending that cuts their pay cheque.
Many wonder why there is a need for such disability insurance in the first place. And if there is such a need, why does ElderShield start at such a young age? And how does this public insurance policy differ from the private ones? To address these concerns of the young, we have to start with the basics.
TO READ THE FULL ARTICLE
Thank you for reading The Straits Times
You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.
What is Premium?