Government Will Not Tolerate Excessive Insurance Premium Increases

thecekodok


Prime Minister Datuk Seri Anwar Ibrahim has assured Malaysians that the government is determined to protect them from sudden increases in health insurance premiums.


Efforts are underway, with Bank Negara Malaysia (BNM) leading the initiative to ensure that any future increases are orderly and fair.


One key measure being explored is an interim strategy to moderate the premium adjustments scheduled for next year.


Rather than allowing uncontrolled increases, the government is focusing on ensuring gradual and reasonable changes.


To address the root causes of rising costs, the government will implement the introduction of the Diagnostic Related Group (DRG) system, which aims to control healthcare spending more effectively.


In doing so, the government hopes to create a system that benefits both consumers and insurers.


Detailed guidelines to address these concerns are likely to be released in the coming days, underlining the administration’s urgency in protecting Malaysians from undue financial pressure.


This proactive approach reflects a commitment to prioritizing the well-being of the people while allowing insurance companies to operate without facing financial difficulties.