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Friday, April 15, 2005

Rich get free medical coverage

Citibank, that venerable financial institution, announced that its platinum credit card holders (translation: rich people) will get free coverage for critical illnesses and hospitalisation.

And that, my friends, is how the rich get richer.

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1 comment:

KnightofPentacles said...

High income individuals does not necessarily mean "rich people" (i.e. wealth accumulators).

The transactional costs and fees of the card (plus the marketing) may more than pay for the cost of medical coverage. Have not seen the small print since I do not qualify but this is my suspicion.

The real "rich people" are the people who own a large chunk of the Citigroup stock.

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