OPINION: Dr Janil Puthucheary makes complete nonsense on Medishield
Trulysingapore.wordpress.com, 11 Jun 2014
Janil Puthucheary made complete nonsense when he asserted that it is not valid to compare Medishield�s 63% loss ratio (payout) against American health insurance�s 80 to 85% loss ratio (payout) because Medishield is public and not-for-profit whereas US medical insurance is private and for-profit scheme. Any idiot will know that all else being equal,
Janil Puthucheary made complete nonsense when he asserted that it is not valid to compare Medishield�s 63% loss ratio (payout) against American health insurance�s 80 to 85% loss ratio (payout) because Medishield is public and not-for-profit whereas US medical insurance is private and for-profit scheme. Any idiot will know that all else being equal,
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