Bank Negara highlights the need for structural reforms to address rising medical costs, warning of pressure on insurers' underwriting income. With premiums rising and claim payouts increasing, the Health Ministry is reviewing private hospital regulations to promote price transparency. Could this move help curb medical inflation and ensure more affordable healthcare and insurance for Malaysians? Mark O’Dell, CEO of Life Insurance Association of Malaysia shares his insights.



Image Credit: Shutterstock.com

Bank Negara highlights the need for structural reforms to address rising medical costs, warning of pressure on insurers' underwriting income. With premiums rising and claim payouts increasing, the Health Ministry is reviewing private hospital regulations to promote price transparency. Could this move help curb medical inflation and ensure more affordable healthcare and insurance for Malaysians? Mark O’Dell, CEO of Life Insurance Association of Malaysia shares his insights.Image Credit: Shutterstock.com

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

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