medical inflation Archives

3 September 2024

Malaysian Private Hospital Costs ‘Unsustainable’, Cheapest Prices In Asean: APHM

APHM says Malaysian private hospital costs are unsustainable, even as prices are cheapest in Asean. A cardiothoracic surgeon says surgeons charge max RM16,000 fee for a CABG procedure in Malaysia, lower than RM20,000 in Indonesia and RM66,000 in Singapore.

17 July 2024

Malaysia

Health Minister Demands Shift To Outcome-Based Fees In Private Hospitals

Health Minister Dzulkefly Ahmad wants private hospitals to shift from pay-for-service to pay-for-outcome to improve health outcomes and curb Malaysia’s high medical inflation rate from uncontrolled procedure costs.

12 July 2024

Malaysia

LIAM: Full-Coverage Health Insurance Unsustainable, Over 90 Sen Of Every Premium Ringgit Goes To Paying Claims

Life Insurance Association of Malaysia, defending BNM-mandated co-payments in new health insurance products, says over 90% of every premium dollar goes towards paying claims. "The existing 100% coverage plans and high claims inflation are not sustainable."

17 June 2022

Malaysia

Study Reveals 8% To 9% Annual Medical Inflation In Malaysia

High medical inflation is contributed by NCD prevalence, an ageing population, advances in medical treatment, ringgit depreciation, and insurance/ takaful policy designs.

16 January 2020

Malaysia

Health Insurance Premiums Rise 30% Amid Medical Inflation

Malaysia’s medical inflation was projected at about 14% last year.

11 December 2019

Malaysia

Medical Inflation Justifies Drug Price Controls, MOH Says

A study shows Malaysia has the third lowest medicine prices in the world.

24 May 2019

Opinion

The Fat Cats in Health Care

Government-linked corporation IHH Healthcare Bhd's CEO made almost RM34 million in 2018.

Tag: medical inflation

Malaysian Private Hospital Costs ‘Unsustainable’, Cheapest Prices In Asean: APHM

Health Minister Demands Shift To Outcome-Based Fees In Private Hospitals

LIAM: Full-Coverage Health Insurance Unsustainable, Over 90 Sen Of Every Premium Ringgit Goes To Paying Claims

Study Reveals 8% To 9% Annual Medical Inflation In Malaysia

Health Insurance Premiums Rise 30% Amid Medical Inflation

Medical Inflation Justifies Drug Price Controls, MOH Says

The Fat Cats in Health Care

LIAM CEO Stunned By 13-Page Hospital Bill For RM19,000 Minor Hernia Surgery

UM’s Medical Faculty Targets 200 Graduates Annually Despite Declining Interest In Medicine

APHM: Insurance Industry Makes ‘Big Profits’, But Private Hospitals’ Revenue ‘Carefully Controlled’

Health Insurers May Introduce 5% To 20% Copay: LIAM

Protection For Female Doctors In Malaysian Public Hospitals — Klang Valley Specialist