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 now and receive FREE sooka plan for 1 month.
T&C applies.

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

Alarming rate of diabetes
Why the delay over issuing the VEP?
Teachers not prepared for new system
Trump’s presidency a fork in the road for AI?
No thought for the elderly and infirm
Awaiting results of why boy was electrocuted
Intensify checks on beggars, illegal migrants
Honour threatened by bullying cases
Understanding plight of the homeless in Kuala Lumpur
How does Malaysia treat its seniors?

Others Also Read