Health insurance, takaful costs calculator coming soon, says Dr Dzul


filepic

KUALA LUMPUR: Patients will soon be able to make more informed decisions about their insurance and private healthcare costs with tools such as a health insurance calculator.

Health Minister Datuk Seri Dr Dzulkefly Ahmad said insurance and takaful associations will launch a health insurance/takaful calculator to help Malaysians plan monthly savings for premiums and co-payments throughout their coverage period.

“Furthermore, to increase transparency, the industry has published price ranges for 26 common medical procedures at private hospitals, showing ranges of prices by location and age group, plus average length of stay,” he said during a joint-press conference with the Finance Minister II Datuk Seri Amir Hamzah Azizan here on Thursday (Jan 22).

The health insurance and takaful calculator is expected to be launched in February, he added.

Dzulkefly said the Financial Education Network (FEN) has published a “MHIT Made Simple” guide to help consumers purchase insurance products and make claims with greater confidence.

“These initiatives will empower consumers to make informed choices that support sustainable, value-based healthcare. The resources will be available on the FEN website, mobile applications and industry association platforms,” he added.

Dzulkefly stressed that healthcare delivery must be modernised, with innovation remaining firmly patient-centric.

“In 2026, in addition to progressing the pilot for the base MHIT plan, we will advance three critical initiatives to lower barriers and drive this modernisation,” he said.

The first involves unlocking the market for affordable care, including a review of private healthcare licensing to ensure regulations and processes are fit for purpose, while reducing red tape without compromising safety.

“Our goal is to spur investment in cost-efficient models such as ambulatory care centres, bringing affordable services closer to the rakyat,” he said.

Hospital billing structures will also be revamped.

“I am pleased to note that private hospitals and insurers have come together for this major exercise. This is not about increasing total bills, but about creating cost-reflective, fair and transparent billing so patients clearly understand what they are paying for,” he said.

As part of the third initiative, which focuses on digital connectivity, Dzulkefly said electronic medical records (EMR) will allow patient records to be accessed across both public and private healthcare systems, reducing the need for costly and duplicative diagnostic tests.

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Locals protest suggestion to rename Jalan Pantai Bersih
Malaysia lost 47,250 football fields worth of its coral reefs in last three years
Phase two of SSPA pay hike boosts morale, motivation of civil servants
Salary hike a recognition of civil servants' dedication, commitment, says PM Anwar
Diesel smugglers foiled in Kulai, RM300,000 in assets seized
SRC lawsuit: Najib concedes RM42mil was not Saudi donation
Sarawak Tourism Board celebrates Horse Year with limited-edition angpow packets
Insken chief Viviante first Malaysian to be awarded WEF Public Social Innovator
MACC targets to recover RM10bil in lost revenue, says Azam
Healthcare can't be a luxury reserved for the few, says Amir Hamzah after introducing 'base plan' coverage

Others Also Read