KUALA LUMPUR, Dec 21 — The Ministry of Health (MOH) has welcomed Bank Negara Malaysia’s (BNM) move to regulate the rise in medical and health insurance/takaful (MHIT) premiums,...
The Health Ministry says it plans to develop a national Diagnosis Related Groups as a service payment mechanism. — Picture by Shafwan Zaidonas a first-time user . Exclusively for Malay Mail readers: Use codeKUALA LUMPUR, Dec 21 — The Ministry of Health has welcomed Bank Negara Malaysia’s move to regulate the rise in medical and health insurance/takaful premiums, calling it a timely short-term intervention to alleviate the burden of sudden inflation on the public.
In addition, it said that the Private Health Care Facilities and Services Act 1998 would also be reviewed to strengthen the regulatory framework of the private health sector, ensuring equal access to high-quality, value-based health services for the public. The MOH clarified that medical inflation was a result of higher salaries and wages for healthcare workers, coupled with the ageing population, which contributed to an increase in medical needs as more people reached their golden age.
Health Ministry Medical And Health Insurance/Takaful
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