Parliamentary Questions from Henry Kwek on 10 Sep 2018
1. To ask the Minister for Health
(a) whether Careshield Life is subjected to the Insurance Act; and
(b) if not, how will the Government ensure that the premiums collected are properly managed and payouts made available when claims arise.
MOH replied that government plans to set up a CareShield Life Fund. All CareShield Life premiums collected, along with any investment returns from these premiums, will remain entirely within the Fund. The Fund will be used solely for the benefit of policyholders. It will be audited annually and the financial accounts made public to ensure that all the monies are accounted for.
2. To ask the Minister for Home Affairs whether there is a specific period for a traffic summons to be issued to a driver/offender as in-car evidence or human recall of the incident may be lost after a certain period after the incident.
3. To ask the Minister for Home Affairs whether holders of Class 4 driving licences can be exempted from the proficiency driving test when they reach the age of 65 years.