Medical insurance cost rising with higher claims rate


MEDICAL claims inflation has led to a higher rate of claims for medical and health insurance and takaful (MHIT), says Finance Minister II Datuk Seri Amir Hamzah Azizan (pic).

He said Bank Negara had taken several interim measures to curb the impact of rising MHIT premiums on policyholders, which took effect on Jan 15.

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