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Old 10-10-2013, 05:21 PM   #580
pricejj
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Join Date: Aug 2009
Location: Louisville, CO
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Quote:
Originally Posted by W*GS View Post
Why? Is there a law that says that Singaporeans must save for medical expenses?

Are there price controls?
1. What do you think is better, forcing to pay a penalty (that you will never see again) without receiving any services? Or be forced to save 6% of your paycheck (that can be used for retirement)? It's like an HSA/401k.


2. There are ONLY price controls in the heavily regulated hospital sector, not in the largely unregulated free-market private practice sector.
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