A Malaysian recently shared their shock when their medical insurance premium jumped from RM200 to RM1,056 per month. The individual’s takaful medical insurance plan began at RM200 in 2009. Over time, it rose gradually, reaching RM500 at age 55 and RM750 near retirement.
Malaysian Now UNABLE to Afford Medical Insurance Premiums as Monthly Cost SOARS to RM1,056
Last year, the premium skyrocketed to RM1,056, causing the individual to terminate the policy. This experience sparked discussions about the affordability of health insurance in Malaysia, with many sharing their struggles with rising costs.
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