scam>>authorized transfer

“If you authorize a transfer or send money to a scammer, there’s often little we can do to help get your money back.” — Bofa warning.

When someone stole money from my credit US/Sg cards, it was easier to get the money bank. I think law-enforcement was on my side. Those educational experiences, like an inactivated virus, served as a vaccination.

  • — unauthorized fund transfer
  • someone peeking at your 9dot pattern
  • someone guessing your password
  • wifi snooping of your credentials

CPIx-inflation[def]=exclub-driven

— 3 types of inflation, as I told boy (CCA)

  • CPI inflation .. (retail market)
  • Commodity inflation .. (wholesale market) .. agriculture, construction, minerals, energy, shipping, extreme weather, geopolitical tensions,,,,, “News-related”
  • Asset inflation .. I think mostly real assets, perhaps equities, not bonds.

How about wage inflation? Well wage is not a price tag, so “wage inflation” is an unnatural extension of the “shrinking dollar bill” inflation concept.

Commodity inflation is a driver of CPI inflation, but often invisible to laymen.

— CPIx

Is this(income+asset) inflation || improving` livingStandard — “Inflation” in this context goes beyond CPI. I call it CPIx-inflation in my blog, and is related to asset inflation, among other things.

CPIx inflation is hard to estimate. See also latency无底洞 about medical inflation as an exmaple of CPIx inflation

In contrast, CPI-inflation is implied and assumed, whenever we talk about retirement, cpfLife, basket or inflation figures like 2%.

 

medishield details #D+C

Medishield is becoming a pillar of my barebones/minimalist ffree so these details are becoming increasingly important.

  • day surgery with zero hour hospital stay? Medishield also covers.
  • max coinsurance payable by each patient is 3k/Y, with many fine prints
  • Singlife has a panel (of doctors)

— claim from shield first, not company insurance
In 2022, Colin Lim told me the best practice across the industry. Given that shield plans have non-zero D+C [deductible + coinsurance], we often need to cover D+C with company insurance. The procedure is

  1. send full bill to shield insurer
  2. insurer will coordinate with hospital and issue reimbursement
  3. for the remaining amount [D+C etc], insurer can liase with company insurance, if you inform them upfront.

In my 6 Feb 2022 email to Colin, the illustration has $550 D+C amount. Colin said $550 can be covered by company insurance.

Hospital is in the picture always. If you start with company insurance but it can’t cover 100%, then you need to engage shield plan to cover the remainder. This would be very messy and can result in extra cost to the patient.

##problems@judging by return alone

See also