News
High claims payout may be due to medical inflation
2+ day, 9+ hour ago (442+ words) PETALING JAYA: Medical inflation could have contributed to the high medical claims payout in 2025, says Dr Saravanan Thambirajah. The Consultative Council on Private Healthcare Costs member said medical inflation is a key driver, given the rise in the cost of…...
US to raise Medicare payments to insurers in 2027
1+ week, 3+ day ago (318+ words) NEW YORK: The US government says it will raise payments to private insurers offering Medicare Advantage plans to older adults in 2027 by 2. 48% on average, an increase from the near-flat change it proposed in January, driving insurer shares up sharply. A…...
Reframing the EPF debate on medical insurance
1+ week, 4+ day ago (151+ words) The Star Reframing the EPF debate on medical insurance THERE is a familiar pattern in Malaysian policy debates. We take a structural reform, compress it into a single, emotionally charged question and then argue about it as if it were…...
Indonesia raises jet fuel surcharge, flight ticket prices as oil soars
1+ week, 4+ day ago (420+ words) As global oil prices soar on the back of the Middle East war, Economy Minister Airlangga Hartarto told reporters the jet fuel surcharge would rise from 10 to 38 per cent, and the base ticket price between nine and 13 per cent. Southeast…...
Indonesian airlines renew call to raise fare cap as jet fuel prices jump 70%
2+ week, 20+ hour ago (559+ words) JAKARTA: The Indonesia National Air Carriers Association (INACA) has renewed its call to increase the fuel surcharge and airfare cap (TBA), following the decision of state-owned energy giant Pertamina to raise domestic jet fuel prices as of April 1 by an…...
Japan's major airlines to raise international fuel surcharges from June
2+ week, 2+ day ago (140+ words) TOKYO: Japan Airlines (JAL) and All Nippon Airways (ANA) are expected to raise fuel surcharges sharply on international flights from June, due to rising oil prices amid the Middle East conflict, local media reported. For flights to China, ANA's surcharge…...
Bank Negara outlines MHIT plan to tackle Malaysia's healthcare challenges
3+ week, 5+ day ago (878+ words) Bank Negara deputy governor Aznan Abdul Aziz explains why the base medical and health insurance/takaful (MHIT) plan marks the first step in tackling Malaysia's healthcare challenges under the RESET initiatives." Q1: Can you share what are the main concerns in…...
TPG establishes One Aged Care to deliver integrated care services
1+ mon, 1+ day ago (198+ words) KUALA LUMPUR: TPG, a leading global alternative asset management firm, has announced the establishment of One Aged Care, a senior healthcare services group operating across Singapore and Malaysia. In a statement, TPG said One Aged Care, undertaken by its mid-market…...
Buckling public healthcare needs support
1+ mon, 1+ week ago (215+ words) Discussions have been ongoing among stakeholders and some sections of the public ever since the government released the base medical and health insurance/takaful (MHIT) plan in January to address medical cost inflation in the private healthcare sector, with media…...
Malaysian insurance sector poised for major reforms under reset initiatives
1+ mon, 2+ week ago (734+ words) KUALA LUMPUR: The Malaysian insurance industry is poised to enter a new phase of major reforms under government-led RESET initiatives, including the introduction of the medical and health insurance/takaful (MHIT) plan and diagnostic-related group (DRG) pricing to address rising…...