YB LGE, the planned medical insurance increase by 40-70% next year 2025 is a fallacy. The hefty increase in medical insurance has already been implemented in 2023. In Nov. 2023, my wife's my medical insurance policy increased from yearly RM 4,160.60 to RM 7, 257.00 an increase of 42.7%. Also in Nov. 2023, my medical insurance increased from yearly RM 5,936.60 to RM 10,710.00, an increase of 44.6%. We are in our early 70's, and cannot afford such hefty medical insurance increase. So we opted for a co-funding scheme with lower yearly payment and less medical benefits.
Insurance companies are taking advantage under PH govt to squeeze old and rich people's economically, either pay more or get the hell out from the system. The capitalists vultures need to be fed more and more. Who are the private owners of the private hospitals? The elite circle of people in Malaysia including the royal family?
Those business entities were set up by pirates long time ago. The legacy continues albeit government changes. However, one party manages to stick to government like leech since independence to grip on hegemony.
LGE say should punish hospital let them made huge loss. Remember when LGE is FM, he don't let PLC make money, Bursa drop from 1800 to 1500. I think PMx better than him as FM.
WE NEED to SPEAK-UP ....those suckers pvt hospitals, the insured and insurance companies are to be blamed. Nowadays, the insured can pakat with doctors to arrange with all sorts of examinations
all sorts of medical examination (beyond necessities). Remember, doctors also have KPIs to be achieved. So, those healthy people have been unfairly treated....keep on paying have to pay their share of "medicals claims"
Even GP also asked, "do you have insurance?". If yes/under medical card, the GP can immediately charged more (add more "unnecessary" medicines, lozenges, creams, etc lah) than the usual RM70 per consultation.
Basically insurance companies has two main sources of income: 1. Premiums (insurance premium minus claims.) 2. Investments. When claims are high, insurance companies will tend to increase premiums to offset higher claims. It is weird that why LGE put the blame on insurance companies only but exclude healthcare providers.
All of you barking up the wrong tree. You as consumer have all the blooming right to reject private hospital. Don't give me typical Chinaman excuse, "Like "aiyo, how to get care if sick"?" Insurance money is pooled and amounts to hundreds of million if not billion. Of course thieves have set eye on that and itch to grab some n every possible ways with backing.
Health Ministry is reduced to caring for health matters only just like toothless Labour Ministry where they only operate like permit issuance. Control is with top dogs elsewhere. Some Ministries exist for name sake only, especially those headed by non Bumi and deputised by a Bumi. Either way straight jacket but blame goes to the Minister. Dilemma.
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。
It’s not only solely the insurance raised premiums… Private hospitals were also the culprits in raising medical bills and forced insurance companies to raise premiums.
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。
with insurance, customers choose the most expensive option, hospitals choose the most expensive option, everybody choose wastage and what is most expensive.
he likes to fight for everything be it small and the smallest issues he has been tarnishing Chinese Society images he is akin Akmal in Chinese version when Malay Society view him
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gjcgoh
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Posted by gjcgoh > 1 month ago | Report Abuse
YB LGE, the planned medical insurance increase by 40-70% next year 2025 is a fallacy. The hefty increase in medical insurance has already been implemented in 2023. In Nov. 2023, my wife's my medical insurance policy increased from yearly RM 4,160.60 to RM 7, 257.00 an increase of 42.7%. Also in Nov. 2023, my medical insurance increased from yearly RM 5,936.60 to RM 10,710.00, an increase of 44.6%. We are in our early 70's, and cannot afford such hefty medical insurance increase. So we opted for a co-funding scheme with lower yearly payment and less medical benefits.