Tan Kin Lian - Perspectives Premature babies
There is a news report about a premature baby who is racking up a large sum in hospital bills for the parents. The aim is to get crowd funding to help the parents to pay the bills.

There is a better way to handle this hefty hospital bill. It should be borne by the government. This is called social insurance (or compulsory national insurance).

There is nothing that the parents can do to avoid this unfortunate outcome. This risk should be taken away from the parent through social insurance.

Private insurance is not a solution, as the insurance companies cannot offer an affordable premium and most parents will not pay this large premium.

By adopting social insurance, the cost to the society is quite low. It should be treated as part of the health care cost of the country.

Tan Kin Lian

 

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