PETALING JAYA: It is a big red flag if people in the country’s top income group – the T20 – are starting to use public hospitals because private insurance is just too expensive, says the Federation of Malaysian Consumers Associations. The federation’s senior manager Saral James Maniam said this is an indication how healthcare costs are...
PETALING JAYA: A proposed surge in insurance premiums could severely impact businesses, particularly micro, small and medium-sized enterprises (MSMEs), says the Malaysian Employers Federation (MEF). Its president Datuk Dr Syed Hussain Syed Husman said any cost increase could greatly strain working capital, hinder cash flows, and discourage crucial investments in digitalisation, tech adoption and operational expansions. "Such...
PETALING JAYA: Specialists who perform complicated and high-risk procedures are paying more for their medical indemnity insurance premiums, which are increasing due to a rise in malpractice lawsuits, says the Malaysian Medical Association (MMA). MMA president Datuk Dr Kalwinder Singh Khaira said these lawsuits and the huge court awards are deterring doctors at private hospitals from...
