Surely, one can only be assured that
when the Education Ministry gets involved in doing ANYTHING other than truly
preparing our intelligent, courageous, brilliant youth, to face the challenges
of living in the period 2025 to 2075, there is a SCAM!
Sri Lanka Insurance Corporations (a
state entity) has been FORCED to provide cover NOT knowing the true actuarial
cost. (calculation of potential claims of a hitherto untested product) What is certain
as a result of this scheme is that more of the public who would NOT use private
health services, will now do so, effectively increasing the claims, resulting
in future premium increases, which will be passed on to the policy holder the
Ministry of Education and in turn the tax payer of Sri Lanka! The current
estimate is that the cost will be about Rs3B per annum.
This scheme is therefore very foolish,
no doubt dreamt up by uneducated politicians to foo the uneducated public in
the continuance of their political agenda.
Where are the journalists? There is no
one to educate the people and the politicians of this folly, I suppose they
have to be aware of the con first beforehand and there is no one to do that
either.
Think about it, if this money is
allocated by the Education Ministry, to be spent on a WELLNESS program that is
practiced in other countries, though it may not win votes as it would be
improve the health of the said School Age Students, it will provide returns 10
X times or more than the cost. Wellness means improvements in hygiene,
nutrition, exercise and sports for physical health, behavior modification and
training in handling stress and unexpected life situations. (will also reduce
the high suicide rates of teens in Sri Lanka)
The proposed Insurance scheme will
inevitably increase in cost, as the benefits that are believed to be available
will not be on offer if one reads the fine print of the policy, and so in order
to pacify an increasingly belligerent public who have been conned, the Govt.
will demand more leeway and benefits, for political expediency, (votes) which
will drive up the costs further.
Was this the thinking of those who
designed this scheme to benefit their longevity? If this was done at the expense
of the nation it is called Treachery and the sentence is death. So why are they
being lauded by the people, press and patriots?
This is a case of the blind leading the
blind, where the blind, deaf and senile rule! Time to restore sense back into public policy where none exists.
2 comments:
The state ( all governments ) use these deceptive practices to fool the masses that they are going something good, but even they due to their limited intelligence don't realize this is anything but good, in fact ALL BAD for the people.
When public policy is made, (I know no one in government really understands public policy and they only indulge in personal politics to retain their brand name by fooling the people) it is done to make sure the state maximizes the limited resources available to it, to achieve the national goals, in this case a good education for each and every child in Sri Lanka. Of course this is not the objective as it is clear, that money could be better spent in doing something anything with that singular objective in mind.
This insurance scam is the polar opposite of that goal, and it is sad that there is no one with sufficient knowledge to point this basic fact to the people who are fooled wholesale by a united press that has NOT uttered one word against it.
It is time someone pointed how useless this whole scam is and worse what a waste of time and effort in rolling it out. Dont the leaders have more important matters to pursue? Or don't they know why they have been elected?
For this program to be credible it must benefit the insured. Otherwise it is a joke, a wolf in sheep's clothing.
In an emergency ( this has to be defined clearly) a payment would be made. The permutations must be actuarily calculated, due to the cost implications. Add ons must be shown with annual costs (premiums) for extra benefits that are simple to understand and not open to interpretation.
Surely the most important benefit a child really needs is a monthly payment to the parent or guardian in the event of the death of a parent or guardian. This basic need is NOT in the plan. So what is the point of discussing this useless charade of an insurance scheme?
IT IS A FARCE
Post a Comment