IN her letter “Shocked by hike in insurance premium” (The Star, Sept 14), Jean of Ipoh protested the 15% increase in her medical insurance and questioned the justification provided by the insurers.
Since November 2016, many insurers had notified their clients of the increase of 15% to 25% in premiums effective in 2017. A typical 60-year-old man will now have to pay about 20% to 25% more in premium to renew his coverage.
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