Retired civil servants concerned over plan for private insurers to manage CSMBS
By PRATCH RUJIVANAROM 
THE NATION

 

 

BANGKOK: -- RETIRED CIVIL servants are worried a plan to transfer the management of their medical-care scheme to private insurance firms will result in their benefits being reduced.

 

The Finance Ministry proposed letting private insurers manage the Civil Servant Medical Benefit Scheme (CSMBS) in order to tackle the management problems of the scheme including its increasing expenses.

As a result, the affected civil servants, especially low-ranking and retired civil servants, fear that the move may increase their financial burden when seeking medical care. 

 

Full story: http://www.nationmultimedia.com/news/national/30301744

 

-- © Copyright The Nation 2016-12-09

Without question, the private firms will find ways to extract funds and stuff the system up completely.

Unfortunately, the government cannot do it very well either....

A huge amount of money is wasted administering 3 overlapping public healthcare schemes. They should all be merged into one. That would bureaucrats and the military an incentive to push for better healthcare for all.

This would definitely be a move for the benefit of

the greater populous right?

 

By all means gravitate to the American style

of privatized insurance model from socialistic

tax funded health care..

 

It's all for you the people..

 

20,000 baht PPO monthly premiums..

200,000 baht deductibles on prescriptions...

1.5M baht for rattlesnake antivenom

if you walk into emergency uninsured...

 

Healthcare is honest as the day is long

over back over there. Be my guest.

 

 

they needed to be concerned for a lot longer than just the last few weeks or so. many have been... but we will only hear about those that weren't.

in the mean time, this is not just a Thai story, eh?

even for those of us from the Land of The Exorbitant Privilege.... and of Donald Trump.... may face a quite similar reality at some point.... paper dollar or Euro based, and relatively fixed, pensions... with or without health cover plans... unless we are hedged... or amoung those with more than they can count or ever spend.

Edited December 9, 20169 yr by maewang99

8 hours ago, webfact said:

result in their benefits being reduced

And/or higher healthcare costs such as co-payments, higher deductibles and lower reimbursements that would be necessary for the provider to make a profit. The insured having a fixed retirement would have to accept a cheaper plan to remain within budget that would necessarily provide less benefits.