SKYROCKETING medical insurance payments are hurting Malaysians badly, forcing some to seek public assistance and even cancel their policies which have become too costly.
Much more needs to be done to treat this festering financial wound because whatever measures now are simply not working.Insurance companies have turned their nose up at the suggestion to not raise medical insurance payments by 40% to 70%. This means the industry is headed in the way of the education sector where escalating fees have made it unaffordable for many Malaysians.
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