Hello Sifus,
I saw this thread and wonder why there is no reply to his query. can anyone enlighten us? I thought medical card (attached to life insurance/standalone) should be guarantee renewal? The pricing could be increased but as a whole (group wise) not targeting specific individual who claims the year before?

https://forum.lowyat.net/topic/4663054

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My mother 64 years old have a tokio marine medical card which we renew annually. Last year however, she was admitted into hospital for colonoscopy - doctor worry there may be something. We claimed the medical card because well that's the use of medical card, right?

Anyway this year during renewal of policy, they slap us with a 20% coinsurance with no cap!!!!!!!!!! mad.gif mad.gif mad.gif mad.gif mad.gif Who have similar experience? Is there anything I can do from my end?
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Thanks.

Thanks Jian Sheng for your reply. For Allianz standalone medical card, have you seen such clause allowing Allianz to increase/add a co-insurance in aforementioned scenario?

Because my understanding is that medical card subjects to guarantee renewal only but the price can be increased anytime, not necessary during renewal but when insurer can't anymore sustain their profit margin. In this case every medical card policy holder (either standalone or the one attached under investment link plan) has to pay more premium.

However, for in this case the insurer imposed new rule on individual who made a claim the year before, it is allowed by BNM regulation?

If this is acceptable and normal then everyone should buy investment-linked medical card to avoid such hassle.