Bank Negara urged to cap health insurance, takaful premium hike at 10% amid rising health inflation


KUALA LUMPUR: Bank Negara Malaysia (BNM) has been urged to limit the increase in health insurance and takaful premiums to no more than 10 per cent as an interim measure, in line with the country’s health inflation rate.

Bayan Baru Member of Parliament Sim Tze Tzin said that 256 complaints have been received in the past month regarding the significant rise in health insurance and takaful premiums.

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insurance , takaful , premium , Sim Tze Tzin , MHIT , Bank Negara , BNM

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