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News
Trump administration to end Medicare drug subsidies, putting millions of Americans over 65 at risk of higher costs
3+ hour, 8+ min ago (206+ words) NEW YORK, July 29 — US President Donald Trump’s administration plans to end federal subsidies for prescription drug plans offered to residents over 65 as part of its Medicare health insurance programme, The Wall Street Journal reported on Tuesday. The change could leave…...
Check for bank logos: RM1 ATM fee waiver only applies to bank-owned machines, says Fahmi
3+ week, 6+ day ago (330+ words) KUALA LUMPUR, July 2 — Communications Minister Datuk Fahmi Fadzil today reminded the public that the RM1 interbank ATM withdrawal fee exemption introduced yesterday only applies to ATMs owned and operated by banks, and not those run by independent operators under separate commercial…...
Generali Malaysia, AmanahRaya launch Gen Sinar low-cost insurance for underserved families
1+ mon, 1+ week ago (360+ words) KUALA LUMPUR, June 19 — Generali Malaysia and Amanah Raya Berhad (AmanahRaya) have launched Gen Sinar, a low-cost insurance plan designed to shield underserved families from financial ruin. The initiative safeguards a child’s education, ensuring schooling remains on track even if the…...
Insurance premiums stable for now but pressure is building, says PIAM
2+ mon, 3+ week ago (26+ words) KUALA LUMPUR, May 6 — Malaysia’s insurance industry says premiums remain broadly manageable for now, but warns that rising claims costs, climate risks and global uncertainties......
The illusion of coverage — Nur Balqis Zahirah Ali, Ng Rui Jie and Rumana Akhter Saifi
3+ mon, 2+ week ago (637+ words) APRIL 12 — Have you ever assumed that having private health insurance means you are financially protected when illness strikes? For many Malaysians, private health insurance (PHI) is seen as a safety net. It promises faster access to treatment, more comfortable facilities,…...
Pilot phase to iron out gaps in Malaysia’s new health insurance scheme, says deputy finance minister
3+ mon, 2+ week ago (356+ words) KUALA LUMPUR, April 11 — The Malaysian insurance and takaful industry is expected to address any structural gaps during the pilot phase of the Malaysia Health Insurance and Takaful Initiative (MHIT), which is scheduled for rollout in the second half of 2026. Deputy…...
RM50 subsidy, RM2.14m claims paid: Malaysian insurers say i-Mula 50 shows value of financial protection
4+ mon, 1+ week ago (338+ words) KUALA LUMPUR, March 17 — The Life Insurance Association of Malaysia (LIAM) has concluded the i-Mula 50 Starter Pack Insurance Fund, with about 90,000 Malaysians signed up for coverage. The association said the i-Mula programme reflects a strong public response and increasing awareness of…...
First time making insurance claims for your hospital stay? Here are some tips (and how to avoid rejection)
5+ mon, 2+ week ago (700+ words) KUALA LUMPUR, Feb 15 — Are you feeling unsure about whether your medical insurance will cover your private hospital bill, or wondering how to make medical insurance claims? Here is a quick list of seven basic steps that you need to know,…...
Pop quiz time: So how familiar are you with medical insurance lingo?
5+ mon, 2+ week ago (750+ words) KUALA LUMPUR, Feb 14 — Have you ever tried reading your medical insurance policy? Or do you just forget about it until you need to make a claim? Or maybe you are overwhelmed by all the jargon, but would really want to…...
The ‘ABCs’ of buying medical insurance in Malaysia: What to ask yourself and the agents
5+ mon, 2+ week ago (803+ words) KUALA LUMPUR, Feb 13 — Is this your first time buying medical insurance? Or are you thinking of switching to another plan? How do you choose a medical insurance plan that is “just right”, both for your budget and to protect you…...