medical inflation Archives

28 November 2024

Malaysia

Cancer Patient Dropped Medical Insurance After 262% Premium Hike: Bayan Baru MP

Bayan Baru MP Sim Tze Tzin highlights the case of a cancer patient who was forced to drop his medical insurance last August over an unaffordable 262% premium hike, after 15 years with his insurer. The patient can only opt for a government hospital now.

13 September 2024

Malaysia

Retirees Hit By Medical Insurance Premium Hikes Up To 275%

A 65-year-old retiree complains about a 275% hike for his medical insurance premium from RM540 to RM2,030 monthly. Another 65-year-old woman faces a 72% jump in her annual medical insurance premium from RM7,795 to RM13,407. Both urge for BNM intervention.

3 September 2024

Malaysia

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

Cancer Patient Dropped Medical Insurance After 262% Premium Hike: Bayan Baru MP

Retirees Hit By Medical Insurance Premium Hikes Up To 275%

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

Obituary: Dr Sng Kim Chai, Sole Community Doctor Of Pulau Ketam — Dr Sng Kim Hock

Malaysian Anaesthesiologist First Asian To Lead Global Pain Association

Dzulkefly ‘Commits’ To Forming Health Service Commission Without Power To Create Positions Or Set Emoluments

Private Hospital Beds Officially Surpass Public Beds In Penang: Exco

Ranau Hospital Crisis: Doctors Working 48 To 72 Straight Hours — Medical Officer