This is old news, someone at age of 55 claimed his insurance triples from RM652 to RM1,800 monthly. But if monthly = RM1.8K, it will be RM21.6K in a year. At age of 55? Has health insurance become so expensive nowadays? Or something not really right with this news? Who at age of 55 is currently paying RM20K a year for your health insurance?



https://www.thevibes.com/articles/news/1084...-rm1800-monthly

A 55-YEAR-OLD single father, identified as Eson, was diagnosed with stage one bladder cancer in 2018.

Fortunately, at that time, he had his workplace insurance which covered his immunotherapy treatment that cost almost RM300,000 for three years.

Eson's cancer eventually got better but the doctor said that he was still at risk of the cancer returning and needed to be vigilant.

As a precautionary measure, Eson had bought an insurance policy for himself 15 years ago with a premium payment of RM652 per month.

"It's not easy to do sales work and Eson always works overtime which causes him to be constantly tired and exhausted, especially when Covid-19 hit.

"In 2021, Eson had to quit his job and take early retirement due to health reasons," Bayan Baru MP Sim Tze Tzin said in a Facebook post.

Unfortunately, Eson was under financial pressure at the time and spent most of his retirement fund within two years.

"To make things worse, the insurance company increased his premium from RM652 to RM1,800 - a three-fold hike which is really burdensome for a retiree.

"On top of that, the doctor confirmed that Eson's cancer had returned.

"At this time, all his savings were gone, and the insurance company insisted on not lowering his premium. How was he going to survive?" wrote Sim.