Insurance hikes forcing employers to review plans


PETALING JAYA: Concerned over the projected double-digit increase in medical insurance costs next year, some employers are reviewing their healthcare plans to ensure long-term financial sustainability, says the Malaysian Employers Federation (MEF).

Its president Datuk Dr Syed Hussain Syed Husman said employers may eventually be forced to reduce coverage or shift part of the cost burden to employees if systemic reforms are not done by the relevant stakeholders.

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