Medical insurance premiums in Malaysia are expected to rise by 40-70% due to medical inflation, causing many policyholders to consider ending their policies because of escalating costs. This increase follows a previous hike, with some individuals facing significant monthly premium hikes.
news Insurance Plans Likely To Become 40-70% More Expensive Next Year Due To Medical Inflation Have you experienced a hike in your insurance premium as well? Cover image via RDNE Stock project/Pexels & Insurance Noon Follow us on Instagram, TikTok, and WhatsApp for the latest stories and breaking news.
The Utusan Malaysia report comes a week after a group of PKR members of parliament highlighted the rising cost of private healthcare services, reported FMT. He, however, acknowledged that a substantial rise might result in a short to medium-term drop in medical coverage holders, potentially leading to increased demand for public healthcare services, reported FMT.
"The saddest part of it all is that the protocol for contributors to make a claim remains complicated," he remarked. Read the full story AI-Generated Video Of Elon Musk Explaining DOGE As A Ming Dynasty Official Goes Viral The video used footage from a 2011 Chinese film.
Medical Insurance Premium Hike Medical Inflation Malaysia Policyholders
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