Medical plan proposal for the uninsured

THE General Insurance Association of Malaysia (PIAM) in its online Medical and Health Insurance page states that a medical and health insurance policy will contain certain exclusions, which are termed pre-existing conditions. It means any illness and condition suffered by a potential policy buyer prior to purchasing the policy would be excluded from coverage by the insurance company.

This has far reaching consequences. An expatriate friend of mine managed to beat his cancer five years ago. Last year while on assignment overseas, he suffered a heart attack and had to bear the treatment costs himself because he did not have insurance coverage.