That's not the only case GE have. I heard GE also have other cases. That is one of the reason I avoid GE totally.

Not true. The cooayments are needed due to idiots who abuse insurance. I know people who have gone and admitted to do preventive tests that cost around rm2k to rm3k when their close family member has a heart disease. By right can't but agent and Dr kamching so jalan.

But if these jokers have to pay a deductible of say rm500, they will think twice to abuse unnecessarily.

Also buy having skin in the game, customers will ensure hospitals charge only for incurred expenses. Some hospital bills include charges for services that were never rendered.

Also deductible and copaymwnts save significant expenses. Just check out the RHB or HLB plans, those with deductible have significant cost savings. So the savings are passed back to customers, not retained by insurers.

If I’m not mistaken hospitals will still charge u their exorbitant fees regardless if you are on co payment terms or not. That’s between the patient and the insurance provider, nothing to do with the hospital…if patients complain a lot they might be a risk of transfer to gov hospital and I’ve seen cases like that happen before.. hospital don’t care it’s take it or leave it to them..if u can’t pay they will not admit you.
Secondly, most Malaysians are already very “anti insurance” in a way especially the b40 group, now with this mandatory co payment it will hinder more ppl from signing up for a plan. I have to pay ludicrous premiums and same time if admitted need to pay another 5%? Might as well take their chance with gov hospital plus majority of Malaysians don’t even have proper savings and majority struggling to even settle their premiums.
I just see it as insurance companies taking this opportunity to jack up their already high premiums even higher. When I first started paying it was only RM110 now I’m paying RM410..quite ludicrous if u ask me. I do not see any benefit from introducing this mandatory co payment policy rather it’s just to protect insurance companies

Dear Sifus,

Guess I am another "victim" to another insurance premium increase.

I bought my son an ILP insurance from Allianz upon his birth in Nov 2019. Premium then was RM 206, now increase to RM 329. Policy is Medisafe Infinite+ Plan 150. Sum insured is RM 10k, 72 critical illness circa RM 85k, there is this pay or  cover rider too, where i can stop premium if (touch wood) kena one of the critical illness.

My question is:

Is there any alternate option I have to maintain the current RM 206 premium?

Just want to gain some upperhand while pending my agent's reply.

Thank you very much

Yes, I support his action to appeal again.

The insurer die in an accident . Not sure if there is any evident to show that that accident was caused by his undisclosed health information.
If he die of sickness due to that preexisting undisclosed health information, then clear cut

My assumption of accident could be hit by a drunk driver or accident caused by other party

But, nullify a policy due to wrong stated income and forged signature, ...that is too much.

Attached image was from OFS annual report.

My guess, ...

If maintain current price, .... the coverage years will be shortened.
If pay the new price, every thing will remains until further notice.
If downgrade, the benefits of the initial plan will be less or shortened.