00:00Bayan Baru MP, Sim Zeh Zin, has pledged to call for an open hearing on rising medical
00:07costs and medical insurance.
00:10Sim said the public hearing would involve a town hall session open to the public to
00:15express their opinions.
00:17He said he would discuss subpoenaing stakeholders such as private hospitals and private insurance
00:23companies when committee chairman, Mas Ermieri, summed it up.
00:28The PAC, Public Accounts Committee, which I'm in, we are now pushing for a comprehensive
00:33study on private hospital and private and also insurance.
00:38We want to look at the whole ecosystem and we will do recommendations to the government.
00:44We will do a public hearing, okay?
00:47I will push for a public hearing, alright, so for you guys to come up with good ideas
00:53and whatever you want to say.
00:55Meanwhile, Azrul Khalid of the Galen Centre for Health and Social Policy said a regulatory
01:01body is needed to look into the prices of items listed on private hospital bills.
01:08Private health insurance and takaful operators have been ordered by Bank Negara Malaysia
01:14to spread out an expected increase in premiums over a minimum of three years.
01:19Health insurance premiums are expected to increase by 40% to 70%.
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