insurance premiums Archives

21 July 2026

Malaysia

Malaysia Heading In US Direction With MediAsas: Expert

Syed Aljunid says with MediAsas, Malaysia is moving in the direction of the US by wrongly using private health insurance as a health financing solution. Introducing MediAsas further breaks up the pool of resources; premiums are unaffordable for elderly.

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.

26 June 2026

Malaysia

Plague On Both Your Houses: MPs Slam Insurers, Private Hospitals

Government and Opposition MPs alike condemn both insurance and private hospital industries, accusing ITOs of punishing loyal customers in closed pools and hospitals of creative charging. Legislators want regulatory reform for fundamental ecosystem change.

25 June 2026

Malaysia

PAC Blames Insurance, Hospitals For Rising Premiums, Health Care Costs

The PAC blames the systemic design of health insurance and private hospital charges for rising premiums and health care costs, citing risk selection in insurance and opaque cross-subsidies in hospitals. The PAC wants a new consumer protection structure.

16 March 2026

Letter

Malaysia Doesn’t Need Your EPF Savings To Fix Hospital Bills — Dr Pearl Leong

Allowing Malaysians to use EPF to buy medical insurance means that we're using our retirement savings to keep funding large hospital bills in private hospitals. GLCs and GLICs that own major hospital groups should control hospital charges instead.

20 February 2026

Malaysia

Cancer Patient Gets Full Premium Refund After Medical Policy Voided

After Allianz voided his medical policy and fully refunded ~RM15,000 in premiums, stage 4 tongue cancer patient Ramu Krishnan took his dispute to FMOS. He previously filed RM25,647 in claims and now pays up to RM360,000 a year out of pocket for treatment.

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.

8 September 2025

Malaysia

Investment-Linked Health Insurance Cut Coverage To Below 65 Years: Sim

Bayan Baru MP Sim Tze Tzin says two policyholders, currently in their 40s, had bought investment-linked health insurance plans in 2018 with RM2.1mil coverage and riders until age 100, but now face cuts in coverage period until age 64 and 59 respectively.

18 June 2025

Malaysia

LIAM CEO Claims Medical Insurance Portfolio Loss-Making Despite Overall Profits

LIAM CEO Mark O’Dell says insurers are losing money on medical insurance despite overall profits, citing a post-Covid spike in claims. He admits past plan designs encouraged overuse and calls for reforms like co-payments and basic low-cost coverage.

28 March 2025

Malaysia

Malaysians Taking Loans To Pay For Health Insurance: Fomca

Fomca says some Malaysians are taking loans to pay for medical insurance premiums to access quick private health care. "If you look at what's happening in the US now, people are becoming bankrupt because of medical costs. We may be towards that."

Tag: insurance premiums

Malaysia Heading In US Direction With MediAsas: Expert

Governor: Bank Negara Mandated To Protect Insurance Industry

Plague On Both Your Houses: MPs Slam Insurers, Private Hospitals

PAC Blames Insurance, Hospitals For Rising Premiums, Health Care Costs

Malaysia Doesn’t Need Your EPF Savings To Fix Hospital Bills — Dr Pearl Leong

Cancer Patient Gets Full Premium Refund After Medical Policy Voided

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

Investment-Linked Health Insurance Cut Coverage To Below 65 Years: Sim

Malaysians Taking Loans To Pay For Health Insurance: Fomca

Hospital Director Accused Of Sexually Harassing Second Victim

Malaysia Heading In US Direction With MediAsas: Expert

Hospital Director Transferred To JKN Sabah After Sexual Harassment Cases

Stool Tests Cannot Replace Diagnostic, Preventive Colonoscopy: Specialists

MOH’s Nursing Workforce Contracted Since 2023 With 1,200 Nurses Lost