Cow explanation of government subsidy

You have two cows.
The government gives you one cow as subsidy.
Now the government authorizes the insurance company to charge you four cows.

Here's the real life story.

Singapore Budget 2014: Subsidies for Singaporeans to offset higher MediShield Life premiums

Here's one insightful comment from there.

PikuChoo ALL (and likely more) of which will end up in the hands of the insurance companies.