Govt’s medical, health insurance scheme to be standalone product, says Finance Ministry


KUALA LUMPUR: The government’s basic medical and health insurance scheme (MHIT), set to be introduced in early 2027, will be a standalone product not tied to investment performance, says the Finance Ministry.

The ministry said Bank Negara Malaysia (BNM) is also reviewing the status of medical plans sold as riders—additional benefits attached to investment-linked policies (ILPs).

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