Photo: Pexels
DRG, the diagnosis-related group system, has become a very fashionable abbreviation after insurance providers announced yet another spike in excess of 40%-70% in medical insurance premiums.
This increase in premiums is against the backdrop of RM963mil to RM1.41bil profit after tax for the year ending 2023 for medical insurance providers. Dividends paid out in 2023 amounted to between RM451mil and RM975mil.
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