PUTRAJAYA: Bank Negara Malaysia will announce a solution to the issue of rising medical insurance premium rates soon, says Communications Minister Fahmi Fadzil.
Fahmi, who is also unity government spokesman, said Prime Minister Datuk Seri Anwar Ibrahim told the Cabinet meeting on Friday (Dec 13) that the central bank needs a little more time before making an announcement.
"The Prime Minister dealt with this matter during Question Time (in Parliament) on Tuesday (Dec 10) that Bank Negara would evaluate, discuss and announce the decision on the issue of insurance rates.
"Today, the Prime Minister told the Cabinet more time is needed but not too long (before) Bank Negara makes an announcement," he said during his weekly media conference here on Friday.
In the Dewan Rakyat on Tuesday, Anwar said Bank Negara and the Health Ministry would establish controls to ensure that medical insurance premiums do not rise too steeply and burden the people.
On Thursday (Dec 12) during the winding-up session for the debate on the Supply Bill (Budget) 2025 at the policy stage for his ministry in the Dewan Negara, Finance Minister II Datuk Seri Amir Hamzah Azizan was reported as saying that Bank Negara would announce further details on interim measures to address the rise in insurance premiums next week. – Bernama
