Medical card premium increased
|
|
 Oct 29 2020, 09:58 AM
Return to original view | Post
#1
|
 
Senior Member
3,197 posts Joined: Mar 2007 From: Kuala Lumpur, Malaysia  
|
Insurance is a legal scam. You pay a premium of RMx under the assumption that your chances of having to use it is so minimal that the insurance company probably only pays out to less than 5% of it’s total clientele. Despite such fat margins they still see it fit to increase pricing whenever medical costs go up and even actively do their best to deny claims. red streak, AgogoLatoto, and 2 others liked this post
|
|
|
Oct 29 2020, 10:04 AM
Return to original view | Post
#2
|
|
Senior Member
3,197 posts Joined: Mar 2007 From: Kuala Lumpur, Malaysia
|
QUOTE(GTA5 @ Oct 29 2020, 10:03 AM) Like that lo. I left mine at the previous rate. Most companies have medical. Touch wood if something happens the plan is to max out the company medical before using my personal one.I worried if I (touch wood) suddenly get sick, at least the medical card will cover hospitalisation expenses. Yala. Increase at this critical period. It's like smacking your face when you are already down. I think there will be a number of insurance policies that will lapse due to unable to service the premium. Damn, that's a lot. Per month?  |
|
|
Oct 29 2020, 12:19 PM
Return to original view | Post
#3
|
|
Senior Member
3,197 posts Joined: Mar 2007 From: Kuala Lumpur, Malaysia
|
QUOTE(kevin23 @ Oct 29 2020, 10:35 AM) Dont buy lo if u think scamm. Any hospital bill u pay urself lah. You lagi bodo, read my post properly. I’m complaining about the price increment, not the concept of insurance itself. Insurance companies should take into account increases in medical costs over the duration of the policy and factor that into their premiums. To suddenly jack up premiums 10 years down the road because they silap kira is unfair to the customer.This is what we call penny wise pound foolish. Wanna jimat 200/month which is 2400 a year . In 10 years its only 24,000 Sekali kena hospital bill , 50k-100k easily. Cannot understand Malaysian mentality. But when got new rtx , new iphone, new samseng, they dont blink an eye and immediately buy. Topkek |
| Change to: |  0.0142sec
 0.41
 6 queries
 GZIP Disabled
Time is now: 15th December 2025 - 01:58 PM |
Quote