KUALA LUMPUR: The London-based Medical Protection Society is a non-profit organisation and has over 3,500 doctors from Malaysia subscribing to it against medical indemnity.
MPS' international operations manager Dr Tim Hegan said it was not an insurance company.
Instead, it was a mutual society owned by its members.
In a faxed response to an article in The Star last week, he said it is the largest organisation of its type, with more than 200,000 members worldwide.
He said MPS’ policy was determined by and on behalf of its members and not by the interests of third parties, adding that it had three medico-legal advisors in Malaysia as well as a panel of experienced lawyers.
“MPS provides protection and medico-legal support to doctors and other healthcare professionals. The subscriptions that MPS set are based on claims experience in Malaysia and are not used to subsidise members in other countries,” Dr Hegan said.
Dr Hegan was responding to the Medical Defence Malaysia Berhad (MDM) president Dr Eddie Soo’s comments that Malaysian doctors had paid more than RM62mil in indemnity coverage to MPS over the past 17 years.
Last week, Dr Soo urged doctors to opt for local insurers to prevent the outflow of funds.
“The MPS annually raised its subscription while profit-driven insurance companies did not raise their rates,” he said.
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