14.4pc cap for private medical fee hike
Mar 5th 2014, 2:01 pm
#1
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Joined: Mar 2012
Location: Living in Melaka, Malaysia
Posts: 472
14.4pc cap for private medical fee hike
Anyone see, or know anything about this - from The New Straits Times website today: http://www.nst.com.my/latest/14-4pc-...-hike-1.498719
14.4% increase? Surely that is going to mean a rather large hike in Medical Insurance costs? Mind you, according to the article, the Medical Profession wanted to up their fees by 30%! Seems frightening on the face of it!
14.4% increase? Surely that is going to mean a rather large hike in Medical Insurance costs? Mind you, according to the article, the Medical Profession wanted to up their fees by 30%! Seems frightening on the face of it!
Mar 6th 2014, 3:10 pm
#2
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Joined: Jul 2013
Location: Penang
Posts: 326
Re: 14.4pc cap for private medical fee hike
When the claims starts coming in, only then the insurer will decide on the amount of increase needed in order to stay competitive and on top of the medical claims.
It is still too early to determine.
It is still too early to determine.
