Dept: No 5% rise in healthcare costs

From 2010 to 2014, premium rate increased by an average of 12% per year, driven by high inflation in healthcare costs. This was revealed in a joint statement by three insurance associations

PETALING JAYA: The Customs Depa­rt­­ment has dispelled talk that private healthcare charges would rise by 5% with the Goods and Services Tax (GST), saying that it is expected to go up by just between 1% and 2%.

“The statement on the increase in healthcare costs by 5% is not only incorrect but is creating panic and confusion among patients,” Customs director-general Datuk Seri Khazali Ahmad said.