- Nov 6, 2014
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- 74,823
- AFL Club
- Port Adelaide
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- #5,526
Well I think we all know that the LNP will do whatever is in their power to destroy Medicare.******* lol. Get off the ******* grass, Albanese.
"MediSave is a national medical savings scheme that helps individuals set aside part of their income to pay for their personal or approved dependents’ hospitalisation, day surgery and certain outpatient expenses, as well as their healthcare needs in old age."
37% of your salary in Singapore gets diverted into three funds - Ordinary Account (used for housing and education), Special Account (used for retirement) and MediSave (used for medical expenses and accruing 4% interest per annum). If the Federal Government had access to 8-10% of Australian's wages instead of the 2% Medicare levy, I'm sure they could do exactly the same thing because money for health expenditure wouldn't be an issue.
Maybe if Labor had planned ahead when creating Medicare and Superannuation schemes they could have had the same system. Idiot.