Inflation control and health insurance key to tackling soaring medical costs, says Amir Hamzah

KUALA LUMPUR: Controlling inflation and widening insurance base coverage is the approach the government is looking at to tackle soaring medical costs, says Finance Minister II Datuk Seri Amir Hamzah Azizan. He said the Diagnosis-Related Group (DRG) system is one of the important aspects to address the issue. "We have agreed to expand the insurance coverage in...

Insurance premiums face scrutiny as hike comes amid record profits by private hospitals, insurers

PETALING JAYA: Insurance players, Bank Negara Malaysia and the Health Ministry are set to appear before the Parliamentary Special Select Committee (PSSC) for Health tomorrow for a hearing on the issue of rising insurance premiums. According to the PSSC’s chairman Suhaizan Kaiat, the Life Insurance Association of Malaysia, Malaysian Takaful Association and General Insurance Association of...