Healthcare inflation rate set to go up


SHOCK over consultation fees news” – I’m not surprised by this headline in The Star used for the report on the government’s announcement that it will allow private medical practitioners to set their own fees (Dec 8; online at bit.ly/star_shock).

The announcement will likely result in higher medical bills and will add to the problem of Malaysia’s rising medical inflation. Medical insurance experts have pointed out that a (2017) survey of 11 Asian countries on healthcare matters saw Malaysia with the third-highest healthcare inflation rate at 12.7, after India’s at 14% and Indonesia’s at 13.1%.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Letters

What Malaysia can learn from Gen Z
Display bus schedules at bus stops
Embracing the circular economy
Last chance to get plastics treaty right
Don’t jail them, make them work
We need to listen to children
Foreign worker problem in Penang
We need to manage waste better
Catalyst for public service reformation
Importance of securing loads on the road

Others Also Read