New base medical insurance plan to launch pilot phase by July, said Amir Hamzah
Malaysia's Finance Minister II, Amir Hamzah Azizan, announced that a new base medical and health insurance plan will begin a pilot phase in July. The initiative is part of a broader strategy to manage rising private healthcare costs and insurance premiums.
Why it matters
This policy aims to improve price transparency and affordability in the private healthcare sector, impacting millions of Malaysian insurance policyholders.
KUALA LUMPUR: The new base medical and health insurance/takaful (MHIT) plan will enter its pilot phase by the end of July as authorities step up efforts to tackle rising medical costs, says Datuk Seri Amir Hamzah Azizan.
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