Interim measures introduced to address rising costs after meeting PAC, say insurers


PETALING JAYA: Insurance companies have presented several recommendations to address the rising costs of healthcare as well as insurance premiums or Takaful contributions.

In a joint statement, insurers represented by Life Insurance Association of Malaysia (LIAM), the Malaysian Takaful Association (MTA) and Persatuan Insurans Am Malaysia (PIAM), said talks had been held with the Public Accounts Committee (PAC) in Parliament on Feb 26 on sustainable healthcare financing and strategies to contains costs.

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