More strain on public healthcare system if insurance premiums rise, says MMA

Free Malaysia Today

The Malaysian Medical Association says insurance policies should accommodate all income groups to encourage financial preparedness.  Read More:  https://www.freemalaysiatoday.com/category/nation/2024/11/28/more-strain-on-public-healthcare-system-if-insurance-premiums-rise-says-mma/   Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #MedicalInsurance #HealthCare  #MMA

Transcript

00:00The Malaysian Medical Association warns that the purported spike in medical

00:04insurance premiums may result in further dependency on an already overburdened

00:09public health care system. It was reported on Tuesday that medical

00:13insurance premiums are expected to rise by 40% to 70% next year based on

00:17notices sent by insurance providers to policyholders, citing the rising cost of

00:22health care at private hospitals. MMA said medical insurance policyholders

00:26unable to afford significantly increased premiums or who have

00:30insufficient coverage may have no option but to turn to the public health care

00:34system for their health care needs. In a statement MMA president Dr. Kalwinder

00:39Singh Kaira said that while adjustments to insurance premiums may be needed to

00:43account for rising health care costs, it is crucial that these adjustments remain

00:47within a reasonable and affordable range. He added that insurance policies should

00:51be designed to accommodate all income groups to encourage financial preparedness.

00:55Daniel Fraglio-Reza, FMT News.

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