My mum medical insurance going up 44% starting next year

orang puteh... once enter company, salary and title straight away higher than most people who have been working for many years.

SKIN COLOR MATTERS.

Equipment/instrumentation: RM3,850.30

can i bring home since i have officially purchase them..

it didn't say it's rental

Normal...

yeah. When I left one of my former companies, they hired an angmoh to replace me. Pretty sure they paid that guy at least 4 times of what they paid me. Really cilakak.

If they can get away with it, they will do it.

Moral Hazard
https://en.m.wikipedia.org/wiki/Moral_hazard

No need an insurance to cover all the way until incurable sickness but just with known cure. Incurable is just prolonging your pain

Listen to the Professional Expert here. It's time for you to also get insurance before too late.

It’s a known fact by insurance companies for a long time and they have been lobbying government to do something about it but nothing is done until today. That’s why they are repricing like mad the past few years because most policies that was underwritten a decade ago are not going to be sustainable. They know that if they reprice, there will be some people who will opt to stop insurance but they don’t have a choice as it will affect their profitability. People need to remember that insurance companies are still biz and they are not charities. At the end, people without insurance will turn to government and it will again not be sustainable. That’s why government is trying to get more people to buy insurance but the high cost of insurance is prohibiting the take up.

there are 2 sides to this story

1. finally kena back by someone at the top of the industry itself
2. this will give people an idea how much the gov is subsidizing the people PER MONTH in the public healthcare industry

So how is it insurance companies fault? Did you read what you link?

Like my relative that work in private hospital....
She keep complaint...
The patient already no hope already,
Better send the patient home to live last few moment with family...
But the hospital management and doctor keep don't want and keep do unnecessary operation, medication, etc just so can utilise 100% patient insurance which at 1~2 million.....

Balulahil semaram? Singapore also like this.

Feedback loop.

Healthcare price expensive, insurance expensive.

Healthcare more expensive, insurance more expensive.

In before, too expensive, just take 2bijil panadol and hope for the best. I did that for 2 weeks. Before I got a break and went to see the doctor and ask for antibiotics... doctor said...yup you definitely have that problem, Google the pus picture for me to see ...

Just 2 dose of antibiotics and I start to feel like major relief. Also had prednisolone and lidocaine laced strepsil.

(Damage to pocket is not so high, but I am already b40, because all three child and wife also went to see doctors for antibiotics and other medicine over 1plus months.

From what I heard, there’s a lot of talk between the government, insurance companies and private hospitals. The private hospitals are standing firm that their costs can’t be regulated but insurance companies want it to be regulated. Thr government also want to solve this problem as it’s affecting the government hospitals as more people will turn to government hospitals when they can’t afford insurance anymore.

i see got ppl demonize insurance here. fact is if these insurance companies not there, stockmarkets will not prosper, who going to buy shares? then if company need money to fund a mega project u have limited option to get capital la since ipo oso will undersubsribed since no insurance conpanies to subscribe ipo. then oso got many ppl will just mati katak. if u do high risk job and suddenly lose ur arm or leg, u almost got nothing la.

This post has been edited by kcal: Aug 29 2024, 08:49 AM

Regulate medical fee, chargables, list of procedure cost/ fees etc etc with a strong regulatory council/ panel overseeing all these chargables/ and fees. They comprise the very 'seniors' with no conflict of interest in the healthcare industry...

why other can do it right but not msia leh?

This post has been edited by jojolicia: Aug 29 2024, 08:44 AM

it's a rental price.. its like you pay RM8 for tyre balancing, it never means you can get the equipment to do the balancing..

If u have insurance, why TF would u want to pay cash?

U guys paying few hundred every month for insurance wanna complain?

At the end of the day, everyone needs to get paid. Its not only a problem with the insurance industry.

Every industry is increasing their prices because thats just how the world works. Without price increase, how can there is salary increments?

The thing is , the bill is settled by the insurance company. So why you care how much the hospital charges? You scared your premium increase next year? Premium will definitely increase as you age regardless you made any claim for the simple fact that you are a higher risk to the insurer as you age.