Great Eastern trying to double my premium to 7k, what to do wor, i disagree and reduce the coverage age for critical illness payout , atleast medical not affected.

This post has been edited by Pain4UrsinZ: May 7 2024, 06:58 AM

if premium increase, the package value increase too or not?

no lol, it is a defend

so what is the point for the increase? need more money to increase the profit so their tops can get/maintain double digit bonuses?

wth really

Have not receive anything from my agent.

Insurance premium keep increasing yet salary still maintain. Healthcare getting more expensive. Yet government don’t really regulate and control the price. People from private sector suffering while government servants always get tongkat. Gov servants can get free healthcare by using GL and no need to think much about savings for the future. While private sectors need to pay more tax and subsidies-free. Now have to pay high insurance premium because of no choice. If admit to ward or surgeries, need to pay quite expensive even at government hospital.

Medical inflation. You look at how much private hospitals are charging nowadays. They can’t suka-suka increase as they need BNM approval. If BNM approved, they must have good justification.

Government servants get free healthcare when they visit private hospitals? If you say government hospitals, non-government servants go also not expensive

Free at government hospital.

Non-gov servants still need to pay and sometimes can reach thousands at government hospital for surgeries. Not all can afford even at discounted price. If admit to IJN then sure more expensive.

My Prudential increased 3-4 times already in the span of 12 years.

It’s still much cheaper than private hospitals. People who buy insurance won’t go government hospitals. If they go government hospitals, I think the insurance companies will be even more happy as it will be cheaper.

The free healthcare for government servants are not sustainable in the long run. Sooner or later, they can’t subsidise anymore which is why government since Najib time has been trying to get more people to buy insurance.

it is a guarantee profit business for them , when inflation or more people claim insurance, they will increase your premium

Give me example of expensive at govt hospital? I got relative admitted due to stroke. When go to the counter they say no need pay anything. My other relative did a heart bypass and go to the counter it was rm 250 for entire ops and stay

It’s only expensive if you are foreigner which is fair because you are not a citizen and don’t deserve citizen perks

So tell me again which govt hospital is expensive

i dont see difference between non vs gov servant, only the room is different.

Correct, and this matter involves multiple parties/stakeholders, govt, MoH, insurance, bnm.... It will take time to resolve the issue.

I’ve paid thousands before for surgery for my relative.

Insurance companies are still business and they need to be profitable. If not how are they going to pay out the claims and all related costs. The rising insurance costs are more due to medical inflation at private hospitals.

Which hospitals? Some government hospitals have private wings which cost more but still slightly cheaper than private hospitals.