EPF insurance plan forecast to boost Sunway healthcare showing

MIDF Research said Sunway’s healthcare segment remains a key earnings contributor.

KUALA LUMPUR: Sunway Bhd could see an increase in patient numbers at its hospitals should the government proceed with the proposed Employees Provident Fund (EPF)-funded health insurance scheme, according to MIDF Research.

In a recent report, the research house said the initiative, which allows EPF members to voluntarily use savings from Account 2 for insurance coverage, is expected to expand access to faster and higher-quality private healthcare, benefitting 16 million EPF members.