, Malaysia
/Piasupuntongpool from Envato

Public Accounts Committee investigates rising health premiums in closed sessions

Beginning 1 May, private clinics and hospitals will be required to display their prices.

The Public Accounts Committee (PAC) will hold five more closed-door proceedings this month on rising health insurance premiums, private hospital charges, and their impact on public healthcare, reported the Bernama news agency. 

The committee aims to complete a detailed report for presentation during the June parliamentary session.

According to PAC member Sim Tze Tzin, the committee has held two public hearings and 12 closed-door sessions since February, engaging stakeholders including the Ministry of Finance, the Ministry of Health, and Bank Negara Malaysia (BNM). 

More stakeholders, including BNM—returning for a second session—and the Malaysian Medical Council, will be called in after the festive season.

Join Insurance Asia community

Separately, Health Minister Dzulkefly Ahmad said that starting 1 May, private clinics and hospitals will be required to display their prices as part of a healthcare pricing transparency policy. 

This measure is intended to prevent medication charges in insurance claims from exceeding the listed prices.
 

Follow the link s for more news on

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Trade credit insurance ‘key’ to SME growth: ICISA
The association also stated 6 recommendations for policymakers and regulators.
Insurance
BMS Group appoints new chairman
He was most recently CEO and Chairman of the Executive Board at Hannover Re.
Insurance