Health insurance premiums spike is burdening ordinary Malaysians, says Dr Wee


KUALA LUMPUR: The sudden surge in health insurance premiums, which spiked by 14.2% in July alone, is placing a heavy burden on Malaysians, says Datuk Seri Dr Wee Ka Siong.

The MCA president said that according to the Department of Statistics (DOSM), overall inflation in July 2025 edged up slightly to 1.2% compared to 1.1% in June.

"Didn’t the Prime Minister once promise that the government would block any unreasonable hikes in health insurance?

"Or is a 14.2% jump in just one month now considered 'reasonable' even though it clearly adds to the burden of Malaysians already struggling with an overstretched healthcare system," he said in Facebook post on Saturday (Aug 23).

He said that on the surface this may look low, but behind that modest figure laid a heavy burden for ordinary Malaysians.

He added that two key drivers stood out, mainly insurance and financial services jumped to 5.5% (June was only 1.5%) and restaurant food costs rose to 3.1% (June 2.8%).

"The real shock, however, is that the 5.5% spike in insurance and financial services came almost entirely from one component, health insurance.

In just one month, he said premiums shot up 14.2% compared to June 2025. Year-on-year, they surged 14.7% compared to July 2024.

For the public, he said that this was a serious blow as many already rely heavily on overstretched public hospitals, where waiting times were long, wards overcrowded and doctors and nurses overworked to their limits.

He said that health insurance should have been an alternative to ease the pressure on government hospitals.

"But when premiums themselves soar by 14.2% in a single month, it shuts the door on affordable protection for the average Malaysian.

"So the question is: How are ordinary people supposed to cope with such a sudden surge?" he added.

 

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