insurance industry Archives

7 July 2026

Malaysia

Government Names Base MHIT ‘MediAsas’, Waiting Periods Uncertain

The government-designed Base MHIT, named MediAsas, will be offered by six ITOs during its pilot in the Klang Valley from end-July to October. MOH didn't specify waiting periods; conventional medical plans have 120-day waiting periods for certain illnesses.

1 July 2026

Malaysia

Governor: Bank Negara Mandated To Protect Insurance Industry

BNM governor Abdul Rasheed says Bank Negara protects the insurance and bank industries to maintain stability of the financial sector for continued services to the public, adding that premium increases are needed to ensure health insurance sustainability.

30 June 2026

Letter

Two Industries Profit From The Same Bill: Malaysia’s Insurance-Hospital Cost Crisis — Dr Mohamed Rafick Khan

If neither side of this (medical and insurance) industry disciplines its own pricing, the obvious remedy is one the PAC report gestures toward but doesn't go far enough in recommending: a mandated profit margin ceiling for both private hospitals and ITOs.

8 June 2026

Malaysia

MOH Sets Charging Protocols For Select Medical Procedures

An MOH circular lists charging protocols for select medical procedures in private care, including wound dressing, debridement, and IV infusions, among others, that aren't chargeable separately. A doctor says this ignores real-world clinical complexity.

5 June 2026

Letter

Private Hospital Pricing: Pre-DRG Solution Proposal — Dr Mohamed Rafick Khan

Malaysia should form a legally structured assurance industry data consortium to produce benchmark costs per procedure. Legally compel private hospitals to publish full fee schedules, distinguishing between cash and panel assurance rates for each procedure.

4 June 2026

Letter

DRG In Malaysia: Where Is The Biggest Gap? — Dr Mohamed Rafick Khan

Intent without readiness for DRG produces disruption, not improvement. The coding gap, system inadequacy, physician documentation culture, actuarial repricing deficit, and unresolved governance questions aren't peripheral issues, but are the reform itself.

3 March 2026

Malaysia

LIAM Alleges Average Medical Insurance Claim Only RM12,000

In defending the RM100k annual limit under the Base MHIT plan, LIAM claims that the average medical claim is only RM12,000, even though many ITOs in the insurance industry regularly tout policies with RM1m or higher annual limits for medical emergencies.

21 January 2026

Letter

Resetting The Health Insurance And Private Hospital Business In Malaysia — Dr Mohamed Rafick Khan

Dr Rafick Khan proposes forming a National Health Financing Administration to roll out a National Contribution Fund and an assurance benefit scheme. Public hospitals must be corporatised and serve as service providers alongside private hospitals.

9 January 2026

Letter

Rising Medical Insurance Premiums: Context, Claims, And The Test Of Justification — Kok Mun Sum

Until insurers can show that cost drivers are unforeseeable, permanent, and assessed holistically, and that risk is allocated in a balanced manner, premium hikes remain an assertion, not a conclusion.

6 January 2026

Letter

When Silence Speaks: Regulatory Oversight, Market Conduct, And Insurance Contracts In Malaysia — Kok Mun Sum

If regulatory silence continues, the principle of certainty that underpins Malaysia’s insurance market will continue to erode, leaving consumers unprotected and trust in the system severely compromised.

Tag: insurance industry

Governor: Bank Negara Mandated To Protect Insurance Industry

Two Industries Profit From The Same Bill: Malaysia’s Insurance-Hospital Cost Crisis — Dr Mohamed Rafick Khan

MOH Sets Charging Protocols For Select Medical Procedures

LIAM Alleges Average Medical Insurance Claim Only RM12,000

Resetting The Health Insurance And Private Hospital Business In Malaysia — Dr Mohamed Rafick Khan

Rising Medical Insurance Premiums: Context, Claims, And The Test Of Justification — Kok Mun Sum

When Silence Speaks: Regulatory Oversight, Market Conduct, And Insurance Contracts In Malaysia — Kok Mun Sum

Second Red-Bellied Piranha Caught In Klau River: Group

Ex-UMMC Radiographer Plans To Sue, Seeks Other Staff With Cancer, Thyroid Problems

Philip Morris Visits Perlis Mufti, Touts ‘Safer’ Cigarettes

Taiping Hospital’s Emergency Department Is Also Drowning — Medical Officer

Tribunal Orders Ex-Hospital Director To Pay RM10,000 For Sexual Harassment