Recently, Malaysian news sites and large parts of the public have been abuzz with the 1Care proposal. Under this proposal, some have claimed that employers and business owners will have to pay 10% of their monthly income to a special 1Care fund. This fund will then be used to pay for the health care so that EVERYONE can enjoy quality private health care. There are also reports that under this 1Care proposal, each person will be limited to a certain number of doctor visits per year and each visit is only for ONE medical condition. So, assuming that you have flu and cough, you’d need to use up TWO of your visit allocations. 10% is a lot of money to pay for healthcare. Here are my few arguments on this:
1. Most people already have medical insurance which is both more comprehensive and cheaper than what you’d end up paying per year for this.
2. Most people who work has access to panel doctors and company insurance policies which provides adequate, if not sufficient, coverage already.
3. Most people do not fall sick often enough to need to spend 10% of their salary for doctor visits.
4. It is the reality that people should not spend above their means. Our ministers need to remember this and not go splurging on our tax money and when they run out, they go after our EPF savings!
The government has not been clear on this matter at all. They have not shared enough details although some rumors say that the proposal is nearly done. The public are increasingly wanting transparency. Even though the proposal is still in its early stages, they should make their proposal be known and with whom are they consulting with. Nothing breeds distrust more than secrecy. And this is something the present government can ill afford.
If they do push through this proposal, I will not be one of those who will “wait and give it a chance”. Sorry, but you’ve used up all your chances with me. Singapore will be my destination of choice.