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22 hours ago · KUALA LUMPUR, July 6 — Insurance companies will offer some medical and health coverage policies with a “co-payment” feature from September 1 for consumers to have cheaper and more affordable options, Bank Negara Malaysia (BNM) said today. Co-payment is a feature is where the insurance companies and customers share the costs for medical ...
22 hours ago · In 2023, Malaysia recorded medical cost inflation of 12.6%, which was significantly higher than the global average of 5.6%, the central bank said in a statement here on Saturday. It said that with effect from Sept 1, insurers and takaful operators (ITOs) must offer consumers an option to purchase MHIT products with a co-payment feature.
22 hours ago · KUALA LUMPUR: Bank Negara Malaysia (BNM) has required insurance and takaful operators (ITOs) to begin providing a co-payment option for their medical and health insurance and takaful (MHIT) products by September this year.
22 hours ago · KUALA LUMPUR – New rules on co-payment for medical and health insurance and takaful (MHIT) products do not apply to emergency treatments, outpatient follow-ups for critical illnesses, or treatments at government healthcare facilities, Bank Negara Malaysia (BNM) said.
22 hours ago · Last year, Malaysia recorded medical cost inflation of 12.6 per cent, which is significantly higher than the global average of 5.6 per cent. With effect from Sept 1, this year, ITOs must offer consumers an option to purchase MHIT products with a co-payment feature.
22 hours ago · KUALA LUMPUR: Pelaksanaan perkongsian kos atau pembayaran bersama untuk produk insurans dan takaful perubatan serta kesihatan (MHIT) ke atas syarikat insurans dan pengendali takaful (ITO) bermula 1 September ini dibuat bagi menangani inflasi kos perubatan yang terus meningkat. Menurut Bank Negara Malaysia (BNM), langkah itu dilaksanakan sebagai ...
22 hours ago · KUALA LUMPUR, July 6 (Bernama) -- Bank Negara Malaysia (BNM) wishes to clarify on recent commentaries related to the implementation of co-payment requirements for medical and health insurance and takaful (MHIT) products, saying it aims to promote sustainability and affordability.
