In HEALTH insurance terms, there are two types of people: cherries and lemons. Cherries are sweet young things in the pink of health. Every insurer wants them on his books, to pay premiums for benefits they don't claims. Then there are "Lemons'; puckered, sour things that have a bad habit of falling sick, requiring medical treatment and making large claims.
The Health Ministry has rules for insurers who offered enhanced Medishield products, but these are on things like co-payment and deductibility. No authority looks at health insurers to scrutinise their practices to make sure the terms they offer patients are fair and equitable.
Hence the need to propose of regulating private health insurers to make sure more people can get the coverage they need in the first place.
No comments:
Post a Comment