at that age group the premium increase its doesnt seems exaggerated..

nice so your insurance agent can travel more?

investment link plan convert your premium into unit in UT. If Bursa tank, your plan may find it difficult to use the balance to pay medical portion. That's the time, your premium will increase.
Many new agents are not aware of the mechanism of investment plan. I have to teach them sometimes

The ones I saw the premium don't increase by 10p%. But I think 50%.

Damn fcking shit this Allianz

anyway when was last time AIA increase their premium due to medical inflation?

Already few times premium keep increasing

Next year also would increase...

Don't expect to be minimal increase.... Sure above 30% one...

The stupid agents will say that .. No such thing as buy young pay low in insurance

Stupid agents don't even know what they are selling, some even repackage it to sell like some investment scheme. Minimal protection but big monthly premiums, put big potion of premium paid into UT portion.

Just contributing some data to this thread just for added statistics.

This post has been edited by MUM: Dec 23 2023, 11:04 AM


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Actually speaking

Partly blame should be on the hospital too... Especially those private one...

Why?

From what I observed....

Those got medical insurance/card coverage always the fee higher... Compared those self payment people....

Got few K differences... Between the 2 mode of payment...

Those higher bills could hv included those "good to do or have it" investigative procedures

that mediplus plan they did offer for plan upgrade in 2021 right? due to premium hike too... so twice increase since then?
found this Additional-Support-MHIT-Eng-V1.pdf

I did not take note of any new up grades, ...just that the premiums did keep on increasing after awhile.

The more you aged, the more chances of claiming, thus the more quantum of premium increases

probably...

but those medical facilities also to be blame...

not purely on insurance companies alone....

The claimants also do play a part too.
Not purely hospital or insurance companies

if because of age factors & own personal health level... then yes...

needed to take care own-self too... don't YOLO too much

This post has been edited by MUM: Dec 23 2023, 04:30 PM

Private hospitals are very thankful towards health insurance companies. Without insurance companies existence, they will not be able to grow our medical tourism industry till this level. Thank you so much to those who contributed religiously into their health insurance. No one hope to claim their health insurance.

If from that view point...
Then correct... Not everyone can afford self pay...

But even with all those medical insurance coverage...
GH still full to the maximum.... Riding on the heavy subsidized healthcare.... So something is wrong somewhere....