Posted by DickyMe > 1 week ago | Report Abuse

It is about time insurance companies hike their medical premium.
Medical benefit is abused. Private hospitals are raking in plenty of money. Suckers are companies which are compelled to provide such benefits even though they bleed. GLCs. are the biggest abusers of this benefit. It is high time Human Resource investigate all the benefits forced upon private sector.

Posted by gjcgoh > 1 week ago | Report Abuse

It is high time BNM introduce a No-Claim-Bonus (NCB) for medical insurance just like the NCB for car insurance. Both my wife and I have been paying medical insurance of about RM 9.0K per year for the past 12 years. This year we received notice of hefty premium increase which I feel is highly unreasonable especially when we have not make any insurance claims so far, both of us are in the early 70's and retired.

Posted by qqq47660 > 1 week ago | Report Abuse

that how it works....when young they push u to buy...when in 70s, they push u out.

Posted by LossAversion > 1 week ago | Report Abuse

@gjcgoh, you are absolutely right. We are like "fools" paying for others' sickness and medical bills all these years. Those who have been claiming for their medical bills should be the ones quietly paying for higher premiums, definitely not us again!!!

Posted by BLee > 1 week ago | Report Abuse

“qqq47660 > that how it works....when young they push u to buy...when in 70s, they push u out.”

Well said, give you a like. Now feels “tricked” when bought 4 endowment policies years back. Luckily, 2 policies matured and still servicing only the remainder. Bought a medical policy few years back, the renewal premium with additional 2k..juggling what to reduce, only go for basic without irrelevant riders attached. Will follow any news of government intervention.
*Look Good Then, Pain in the Neck now*

Posted by Income > 1 week ago | Report Abuse

Investigate all private hospitals increasing charges every year. That’s why insurance companies have to increase their premiums because of the greedy private hospitals laaaaa.

Posted by Income > 1 week ago | Report Abuse

Nowadays if not enough Rm, can die at home, private hospital not welcoming no money individuals laaaa

Posted by Income > 1 week ago | Report Abuse

Why no investigation into Nirvana burial increasing charges lehhhh….

Posted by qqq47660 > 1 week ago | Report Abuse

Yes, from my experience it is private hospital that are more greedy and needs to be monitored regulated.

Posted by qqq47660 > 1 week ago | Report Abuse

Laser treatment for slip disc 28000 rgt....
Soon Malaysia will be like America which spends 20% of GDP on healthcare without good results to show

Posted by qqq47660 > 1 week ago | Report Abuse

Warren buffet calls America health care cost like a worm which eats everything away

Posted by Income > 1 week ago | Report Abuse

Hospital charges increased
Then Insurance Medical premiums increased
Then Burial services increased.
All three cousins are related wehhhh.

Posted by Income > 1 week ago | Report Abuse

It’s not HEALTH Anymore,
It’s HELL To be precise…

Posted by Income > 1 week ago | Report Abuse

After cvid19, many cases of DEATH OCCURRED. WHO forced Vacs must also be investigated to pay for increasing Deaths. I will never forget about that.

Posted by Income > 1 week ago | Report Abuse

In 2024, the estimated costs for medical services, insurance premiums, and burial services in Malaysia are as follows:
Medical Services: Average costs for major surgeries can range from RM25,000 (knee replacement) to RM80,000 (heart bypass) in private hospitals。
Medical Insurance Premiums: Annual premiums for comprehensive health insurance can vary widely, averaging around RM1,500 to RM3,000 depending on coverage。
Burial Services: Typical burial costs range from RM5,000 to RM15,000。
Overall, individuals may need approximately RM31,500 to RM98,000 for these combined services in 2024.

Let’s say 20 million msian pay average Rm 64,750 for the 3 cousins services above… the total revenue is Rm1,295,000,000,000。
= Rm 1.295 trillions

Posted by Income > 1 week ago | Report Abuse

Health is Rm1,295,000,000,000。 business if you add up all the Threes Cousins charges above.
Nobody escapes the grip of Hospital & Insurance and the Burial Services… 🤮🤮🤮

Posted by qqq47660 > 1 week ago | Report Abuse

Malaysia still have
Functioning public hospitals. Socialist medicine

Posted by DickyMe > 1 week ago | Report Abuse

Malaysia National Government Debt reached 300.7 USD bn in Sep 2024, compared with 260.3 USD bn in the previous quarter.
https://www.ceicdata.com/en/indicator/malaysia/national-government-debt#:~:text=Malaysia%20National%20Government%20Debt%20reached,bn%20in%20the%20previous%20quarter.

Posted by DickyMe > 1 week ago | Report Abuse

$300.7 ~ RM 1.35 TRILLION

Posted by eastern_joy > 1 week ago | Report Abuse

Last time I went to a specialist hospital for ear infection. After that, they charged me RM600, assuming I have insurance. But I told them, I claim under benefits from company only. Then they revised it to RM200...??? Yes, I agree, the charges issued by hospital need to be monitored and regulated.

Posted by qqq47660 > 1 week ago | Report Abuse

Laser treatment for slip disc 36000 rgt for insurance claims. ....3 nights stay with non invasive procedure. according to my research, at basic level it can be as simple as next day can get back to work. but they blow up the whole thing so they can charge 36,000.

Posted by Income > 1 week ago | Report Abuse

Private hospital is very greedy if u have insurance coverage for payment。E.g. Cataract surgery if personal cash pay ment =RM2,000 per one eye cataract surgery but if you pay using insurance coverage the charges are RM6,000。 So Kanasai this private hospital. That's why insurance company increases premiums for medical insurance card. Can't blame insurance company laa。

Posted by qqq47660 > 1 week ago | Report Abuse

Yes can't blame insurance company....but which ministry supposed to regulate the behaviour of private hospitals?

Posted by qqq47660 > 1 week ago | Report Abuse

As things go total health care cost will soon become run away train

Posted by Income > 1 week ago | Report Abuse

Posted by qqq47660 > Dec 10, 2024 6:14 PM | Report Abuse

Yes can't blame insurance company....but which ministry supposed to regulate the behaviour of private hospitals?

?

KPDNHEP
I think …

Posted by DickyMe > 1 week ago | Report Abuse

"Posted by Income > 9 hours ago | Report Abuse

Posted by qqq47660 > Dec 10, 2024 6:14 PM | Report Abuse

Yes can't blame insurance company....but which ministry supposed to regulate the behaviour of private hospitals?

?

KPDNHEP
I think …"

==================================
On the surface it may seem transparent and accessible.
However, get ready to prepare truck loads of evidence by yourself before making the complaint. There are layers which you need to surpass before you actually reach the responsible ministry. So much for transparency. It exist for compliance sake and does not function as expected. Just like Chinese products, looks good but fragile.

Posted by GreatDreamer > 1 week ago | Report Abuse

Medical ins is a lottery games for middle class. Poor has no money to play. Rich not interested bcos sum insured too little. Some people win some people lost. Hospital , doctor , agent are always winner. Loser majority are buyers (measured in monetary sum).

Most important buying ins within your mean, not overburden yourself!