@@truthteachersI check profit loss balance sheet for two biggest insurance year over year profits increasing 2022 2023, so do gov tax. Number tell you the story who gang they belongs... Wake up
@@kaitennage You need to wake up too. The insurers have to make profit too. They are a business entity to make money. But you so dump that you do not see the doctors and hospitals are ripping you off which in turn affects the payout of the insurer and in turn have to charge you premium more. I did a knee injection which cost me personally only RM 1850 but when charge to insurance they hospital wants RM 3000. Open your eyes wide and see the difference and where the rip-off is!
LIAM & BNM and private hospital should give more explanation of this issue. We demand this medical inflation matter to be in control and constant monitoring
Tq MP Sim Tze Tzin. Yes....... please, BNM please. It is ridiculous medical insurance premium increased by 40%. And who is monitoring the private hospitals for excessive charges? Gosh🥵
Kudos to you MP Sim. Salute. Yes, burden to #rakyat. Thank you for highlighting the issues. #MalaysianGovernment #HealthMinistry #BankNegaraMalaysia take immediate action.
Hospitals always charge insurance more, they need to stop that practice! No need for insurance to increase! And hospitals are already earning like crazy!
i agree with the proposal. the increment in premium is getting ridiculous. BNM should challenge the insurance companies justifications so that policy holders are protected😡😡😡
These insurance companies got the approval from Bank Negara because of the increase in the cost of treatment. There has been many unnecessary and unrelated medical examinations done in hospitals thus hiking up the costs borne by the Insurance companies. This is why the insurance companies will then have no choice but to pas these costs to the customers.
@@YokeMeiNg Which is true. But the insurers do not want to increase the premium as more people are now resorting government hospitals using the same insurance - cheaper, more advanced and better equipment (not all). I am consultant to a claim processing company for insurers and i know.
Totally agreed, nowadays private hospitals charges are getting are higher and higher and too expensive. Government need to take drastic action now to tackle this profiteering. Need our government to control them before we rakyat are the one to suffering especially those low and middle income, as those rich don't feel any pinch. But nowadays many from high income and rich one also go to government hospital.
Masuk hospital swasta dgn adanye medical card dgn harapan ia akan cover semua expenses tpi bila discharged dri ward blh pula minta kita byr cash sbb vitamin's tidak ada coverage dlm card...pak cik sya terpaksa byr cost vitamin's sebyk rm6,000...apa akan jadi pada org yg x de duit extra utk byr...sepatutnye kena la cover semua...
I agree with Sim Tze Tzin; some more now rakyat kena bayar 10% copayment, bukan 5% copayment; under Kerajaan Madani ini, everything is just too much la; rakyat tak sanggup tanggung lo; 😓😓.
Enough of all relevant bodies sleeping for very long. Which department responsible please check on the insurance company’s n private hospitals which charges their patient the fees which are very high. Now what they want to do is to burden the public with much higher premium and keep making more money. Ain’t there anyone who can check on all this
I had catarax operation at RM 9000.00 per eye paid by insurance atprivate hospitalwhere the same procedure cost only RM4000.00 in other private clinic. When my age reaches 67 my insurance premium doubles.
Some policy 500k but limit claim 50k for one year. What is the purpose having insurance with limited claim. Another one high coverage but claim after diagnosed stage 3-4.
Dear YB En. Sim, there is the long-term hybrid "Life-Medical" Policy where the Insurance Co. reserved its so-called right to alter the premium amount UNILATERALLLY as the tenure progresses forward after it has captured the Customer/Contract? This is puzzling as (i) the Policy is long term often >10 years, (ii) not renewable annually so there appears to be no legal recourse for the Customer not to go along other than quitting (or surrendering)? 😱😱
Syarikat insuran ni bila kutip premium,nak kutip cepat. Tapi bila nak bayar pampasan, ambil masa berbulan-bulan,malah Ada Yang menafikan pampasan. Ada kes syarikat insurans meminda laporan siasatan adjuster supaya tidak perlu bayar pampasan.
If patients do Self Pay means self payment, Hospital charges lesser. But, if pay Medical card, huge charges. It means, Hospital and other 3rd parties get "Excess Profits" from Customers insurance premium. It's reducles.
Bank Negara Malaysia and other relevant authorities should do a study on market concentration and power in the life insurance industry and the private hospital sector. Look at the level of competition in these industries. ls it healthy? We don't want anti-competitive behaviour by players.
This MP is barking up the wrong tree as usual! Its not the insurer who is profiteering, you fooli$h MP, its the doctors and hospital who are ripping the patient. Its MMC and Ministry of Health who should be auditing them and book these doctors.
Hospital suwasta mmang membeban harga kominis rakyat makin merana ...harga yg di beri kepada org ramai terlalu membeban kan ....patut hospital yg harga kominis ni diboikot
Last month, I checked profit loss balance sheet for two biggest insurance year over year profits increasing 2022 2023, so do gov tax. Number tell you the story who gang they belongs... Wake up
Sewakan dgn wrga asing kedai 2 dgn wrga saing sita kedai dan rampas kedai tu.dan sita brga sekali dan tuan punya kedai ambik tindakan sekali dan tamkap wrga asin dan terbaik sekali ketiga2 ...baru dia org takut nk sewakan dgn wrga asing baru betul terbaik kpd phk kpdnk👍👍👍👍
Why cite the rise in the price of eggs in sen but the rise in insurance premiums in percentage? Use percentage also for eggs for a more meaningful comparison.
Please set a law to prevent private medical field make more than 15% profit! Doctor spent 9 years in education, PHD also did the same, but they never demand to be paid million in income. Also, please make insurance company donation to government hospital unlawful. The government want to take away subsidy(using tax income) from tax contributors who already help reduced governemnt expenditure by going to private sector instead of government services, from education to healthcare, even in sports, .... Discriminate T15 would bring bad karma to the country! Politician, please control your greed and stop discriminating hardworking tax payers!
It's finger pointing time. Blame the insurers, blame the hospitals, blame uncontrolled claim costs, blame the pharmaceutical companies. Blame everyone, call for investigations, but no one has the will to really reform the healthcare ecosystem.
100% agree for BNM to do a thorough study and investigation on why there is a need to increase the medical card charges. Please do double check with the insurance company and the hospital too. why the insurance company and the private hospitals charging exhorbitantly the moment you use the medical card. The same bill if you pay by cash will be much lesser. The Pharmacy’s in the hospital ground sells their item much more higher than when you buy it outside. Why the healthy ministry or bnm not checking on all this.
Lol. Cash payment is the same. I looked at the bill after the nurses said to buy some stuff from pharmacy because it's 5X more expensive from the hospital.
Selepas covid, akan makin ramai sakit, jadi geng2 tamak ni, mestilah nak untung lebih. Peluang perniagaan kot. Kenapa pulak BNM tak kaji dan siasat? sendiri mau fikir lah...
Not how it works. Insurance companies will tell hospital we will pay 30% of the costs. Hospitals then jack up their price by ~4X to make things the same again! Same like the tariffs the US puts on China. Companies in the US selling the same item will raise the cost of their products to match that of the incoming Chinese products and reap the increase profits.
Doctors fees cost RM8000 but the entire bill comes to 24k. Private hospitals made huge profits. Insurance companies made huge profit. It won't be long, nobody can afford to buy medical insurance.
Hey!! Baru bangun dari kubur, sudah lama premium insurance sudah naik. Baru nak buat press statment. Orang viral baru nak pura-pura nak buat tindakan. Malaysia boleh..👏
Buat macam EPF..potong dari gaji dan naik taraf Hospital Kerajaan supaya perkhidmatan kesihatan dikawal oleh Kerajaan.. Swasta ini kaut untung melampau berkomplot dengan insurance (yg juga kaut untung melampau - jd agent pun boleh jutawan) pakai wang rakyat yang komit pembayaran kerana ini isu hidup mati dan kesihatan
😢😅😢😅😢😅 the private hospitals have to investigate any fraud charges like those old days of the panel vehicle workshop , yet the insurance company passed the bail on the same time both of them have any curiosity movement !!!??? 🫣🫣🫣🤭🤭🤭😭😭😭🤣🤣🤣👏👏👏👍👍👍🙄🙄🙄🤔🤔🤔
probe the hospitals as well. Look at the price hike year after year. Medical inflation is too much
Agree 100%. Siasat excessive profiteering by Insurance Companies.
Wake up, bro. Its not the insurer, its the damn hospitals and doctors. The losers are the insurers
100%agreed, its time BNM take a firm standard to stop the excessive profiting n reduce the burden of the citizens
Wake up, bro. Its not the insurer, its the damn hospitals and doctors. The losers are the insurers.
@@truthteachersI check profit loss balance sheet for two biggest insurance year over year profits increasing 2022 2023, so do gov tax. Number tell you the story who gang they belongs... Wake up
@@kaitennage You need to wake up too. The insurers have to make profit too. They are a business entity to make money. But you so dump that you do not see the doctors and hospitals are ripping you off which in turn affects the payout of the insurer and in turn have to charge you premium more. I did a knee injection which cost me personally only RM 1850 but when charge to insurance they hospital wants RM 3000. Open your eyes wide and see the difference and where the rip-off is!
Finance Minister, BNM governor & minister of health are all sleeping on the job.
LIAM & BNM and private hospital should give more explanation of this issue. We demand this medical inflation matter to be in control and constant monitoring
Tq MP Sim Tze Tzin. Yes....... please, BNM please. It is ridiculous medical insurance premium increased by 40%. And who is monitoring the private hospitals for excessive charges? Gosh🥵
Wake up, bro. Its not the insurer, its the damn hospitals and doctors. The losers are the insurers
Agreed.Cannot afford anymore to seek treatment at Private Hospitals.Too excessive expensive to pay..😢😢😢
Kudos to you MP Sim. Salute. Yes, burden to #rakyat. Thank you for highlighting the issues. #MalaysianGovernment #HealthMinistry #BankNegaraMalaysia take immediate action.
Both the private hospitals and insurers need to be investigated for excessive charges and profiteering
terbaik mp
Private hospitals have been charging excessively when they heard that you are using insurance card. It's like giving them blank cheque.
Investigate the private hospitals.
They’re charging for medication nearly twice the market price
Hospitals always charge insurance more, they need to stop that practice! No need for insurance to increase! And hospitals are already earning like crazy!
Government must control the prices of medical services and insurance premium
Wake up, bro. Its not the insurer, its the damn hospitals and doctors. The losers are the insurers
i agree with the proposal. the increment in premium is getting ridiculous. BNM should challenge the insurance companies justifications so that policy holders are protected😡😡😡
These insurance companies got the approval from Bank Negara because of the increase in the cost of treatment. There has been many unnecessary and unrelated medical examinations done in hospitals thus hiking up the costs borne by the Insurance companies. This is why the insurance companies will then have no choice but to pas these costs to the customers.
Wake up, bro. Its not the insurer, its the damn hospitals and doctors. The losers are the insurers
Finally! Hope govt really can do something about the hospital cost and medical insurance.
Wake up, bro. Its not the insurer, its the damn hospitals and doctors. The losers are the insurers
@truthteachers insurance companies will nvr be the losers. It is always the people at the end of the day.
@@YokeMeiNg Which is true. But the insurers do not want to increase the premium as more people are now resorting government hospitals using the same insurance - cheaper, more advanced and better equipment (not all). I am consultant to a claim processing company for insurers and i know.
@truthteachers well. I am an insurance policy holder, I have to pay higher and higher premium.
Totally agreed, nowadays private hospitals charges are getting are higher and higher and too expensive. Government need to take drastic action now to tackle this profiteering. Need our government to control them before we rakyat are the one to suffering especially those low and middle income, as those rich don't feel any pinch. But nowadays many from high income and rich one also go to government hospital.
It's time to get it done
Car Insuranc premiums keep escalating by Insurance Cos. at their whim & fancy...
Private hospitals + Insurance companies = High Insurance premiums. Govt hospitals be upgraded in term of service and facilities.
Don’t mentioned 40%. I won’t even accept 5% hikes.
Masuk hospital swasta dgn adanye medical card dgn harapan ia akan cover semua expenses tpi bila discharged dri ward blh pula minta kita byr cash sbb vitamin's tidak ada coverage dlm card...pak cik sya terpaksa byr cost vitamin's sebyk rm6,000...apa akan jadi pada org yg x de duit extra utk byr...sepatutnye kena la cover semua...
Harga kominis kena boikot
@@zamri5527 ini harga greed capitalist, bukan komunis
@@zamri5527 suka hati saja nak hantam.. Tak belajar subject ekonomi kat sekolah ka? Ni sistem kapitalist.
Eyes cateract op can be RM3K wo insurance vs RM7k with insurance. My experenced. Check hospital
Stupid insurers how can people afford it 40-70%. It’s daylight robbery
I agree with Sim Tze Tzin; some more now rakyat kena bayar 10% copayment, bukan 5% copayment; under Kerajaan Madani ini, everything is just too much la; rakyat tak sanggup tanggung lo; 😓😓.
Enough of all relevant bodies sleeping for very long. Which department responsible please check on the insurance company’s n private hospitals which charges their patient the fees which are very high. Now what they want to do is to burden the public with much higher premium and keep making more money. Ain’t there anyone who can check on all this
Should be kpdnkk. But, they only check the restaurants utc.
Semua harga potong kepala megarut tak masuk akal...
40%? That’s greed. Private Hospitals + Insurance Companies = Cartel (scams)
40% to 70% according to the news
Probe hospital not insurers.
Now… bnm berkuasa menyelia sykt insurance. Always the case, who will guard the guards? 😏 siasat?
Agreed, siasat Insurance Company
Well said MP. Hope BNM under Government should involve and monitor the insurance premium.
I had catarax operation at RM 9000.00 per eye paid by insurance atprivate hospitalwhere the same procedure cost only RM4000.00 in other private clinic. When my age reaches 67 my insurance premium doubles.
Investigate Tun Mamak Kutty Billionaire son as a director inside KPJ Holdings managed Pantai Hospital , like father like son Vampire 🧛♂️ Dynasty
Rather have Tun M than bmx
@Cloudyskies7742 Tun Kutty rubbish
Ke arah perkhidmatan kesihatan lebih baik dan terjangkau.
I igree tq mp
The average annual medical inflation in many countries is less than 6 percent. Malaysia is double more than 12 percent each year.
Please also look into car insurance. Premium has increased as well. According to Perodua staff, premium for car insurance went up earlier this year.
Terbaik yb
Some policy 500k but limit claim 50k for one year. What is the purpose having insurance with limited claim. Another one high coverage but claim after diagnosed stage 3-4.
Hero!
Dear YB En. Sim, there is the long-term hybrid "Life-Medical" Policy where the Insurance Co. reserved its so-called right to alter the premium amount UNILATERALLLY as the tenure progresses forward after it has captured the Customer/Contract? This is puzzling as (i) the Policy is long term often >10 years, (ii) not renewable annually so there appears to be no legal recourse for the Customer not to go along other than quitting (or surrendering)? 😱😱
YB ini aku setuju sgt naik gila2 tinggi..sgt menekan rakyat..💪
Health policy also
Jangan terlalu tamak.Life first.Sesuatu mesti dilakukan.They are too much.
Syarikat insuran ni bila kutip premium,nak kutip cepat. Tapi bila nak bayar pampasan, ambil masa berbulan-bulan,malah Ada Yang menafikan pampasan. Ada kes syarikat insurans meminda laporan siasatan adjuster supaya tidak perlu bayar pampasan.
People's champ ❤
If patients do Self Pay means self payment, Hospital charges lesser. But, if pay Medical card, huge charges. It means, Hospital and other 3rd parties get "Excess Profits" from Customers insurance premium. It's reducles.
Bank Negara Malaysia and other relevant authorities should do a study on market concentration and power in the life insurance
industry and the private hospital sector. Look at the level of competition in these industries. ls it healthy? We don't want anti-competitive behaviour by players.
Kerajaan membiarkan perkara begini berterusan..begitu juga insurans kenderaan, rosak sikit, repair belas ribu atau puloh ribu..
super
Probe Private hospitals first and the shareholders
Iya sokong..BNM.mst pantau dan siasat harga di hospital swasta dan syrkt insurance
This MP is barking up the wrong tree as usual! Its not the insurer who is profiteering, you fooli$h MP, its the doctors and hospital who are ripping the patient. Its MMC and Ministry of Health who should be auditing them and book these doctors.
My mother's premium increases from 7k to 10.5k this year.
Setiap tahun Kita dengar berita syarikat insuran Kait keuntungan tinggi tetapi mengapa perlu dinaikkan premium lagi?
Hospital suwasta mmang membeban harga kominis rakyat makin merana ...harga yg di beri kepada org ramai terlalu membeban kan ....patut hospital yg harga kominis ni diboikot
Box. Of gloves is rm 100/-
It looks like we have to go back to the stone age
Last month, I checked profit loss balance sheet for two biggest insurance year over year profits increasing 2022 2023, so do gov tax. Number tell you the story who gang they belongs... Wake up
Private hospitals! 3X-5X prices of items you can buy from the pharmacy!
👌👌👌
LIAM & BNM ask why columbia asia hospitals increase medicine prices n companies like GreatEastern n AIA increase premium for excessive profitering
Syarikat insurans dan hospital swasta sama - sama menggila.
❤
Sewakan dgn wrga asing kedai 2 dgn wrga saing sita kedai dan rampas kedai tu.dan sita brga sekali dan tuan punya kedai ambik tindakan sekali dan tamkap wrga asin dan terbaik sekali ketiga2 ...baru dia org takut nk sewakan dgn wrga asing baru betul terbaik kpd phk kpdnk👍👍👍👍
Why cite the rise in the price of eggs in sen but the rise in insurance premiums in percentage? Use percentage also for eggs for a more meaningful comparison.
Go after the medical sector too. Doctors are charging a bomb especially sunway & having a luxurious life whilst people suffer in vain.
Please set a law to prevent private medical field make more than 15% profit! Doctor spent 9 years in education, PHD also did the same, but they never demand to be paid million in income. Also, please make insurance company donation to government hospital unlawful. The government want to take away subsidy(using tax income) from tax contributors who already help reduced governemnt expenditure by going to private sector instead of government services, from education to healthcare, even in sports, .... Discriminate T15 would bring bad karma to the country! Politician, please control your greed and stop discriminating hardworking tax payers!
It's finger pointing time. Blame the insurers, blame the hospitals, blame uncontrolled claim costs, blame the pharmaceutical companies. Blame everyone, call for investigations, but no one has the will to really reform the healthcare ecosystem.
Sokong
100% agree for BNM to do a thorough study and investigation on why there is a need to increase the medical card charges. Please do double check with the insurance company and the hospital too. why the insurance company and the private hospitals charging exhorbitantly the moment you use the medical card. The same bill if you pay by cash will be much lesser. The Pharmacy’s in the hospital ground sells their item much more higher than when you buy it outside. Why the healthy ministry or bnm not checking on all this.
Lol. Cash payment is the same. I looked at the bill after the nurses said to buy some stuff from pharmacy because it's 5X more expensive from the hospital.
😊
bnm dont know dafuq they doing. wt do u expect
Kapitalis
Selepas covid, akan makin ramai sakit, jadi geng2 tamak ni, mestilah nak untung lebih. Peluang perniagaan kot. Kenapa pulak BNM tak kaji dan siasat? sendiri mau fikir lah...
Not the insurers , its the blood sucking private hospital; and Dr charge excessive fees cause insurer have no choice but charge it back to the people
Not how it works. Insurance companies will tell hospital we will pay 30% of the costs. Hospitals then jack up their price by ~4X to make things the same again!
Same like the tariffs the US puts on China. Companies in the US selling the same item will raise the cost of their products to match that of the incoming Chinese products and reap the increase profits.
Doctors fees cost RM8000 but the entire bill comes to 24k. Private hospitals made huge profits. Insurance companies made huge profit. It won't be long, nobody can afford to buy medical insurance.
YB jangan ganggu high income nation polisi. Nanti Akmal minta PMX minum kopi dengan awak.
Rakyat menunggu respons dari KKM. Mungkin diperlukan ulangan tangisan sekali lagi di Parlimen demi rakyat.
Hey!! Baru bangun dari kubur, sudah lama premium insurance sudah naik. Baru nak buat press statment. Orang viral baru nak pura-pura nak buat tindakan. Malaysia boleh..👏
Polisi kerajaan sentiasa bersifat neoliberal. Inilah hasilnya.
🤦
Buat macam EPF..potong dari gaji dan naik taraf Hospital Kerajaan supaya perkhidmatan kesihatan dikawal oleh Kerajaan..
Swasta ini kaut untung melampau berkomplot dengan insurance (yg juga kaut untung melampau - jd agent pun boleh jutawan) pakai wang rakyat yang komit pembayaran kerana ini isu hidup mati dan kesihatan
Betul . Rasa kena ada caruman dibawah socso atau EPF pun ada kategori perubatan .. untuk ketenangan mental
Kalau jadi agent boleh jadi jutawan, kenapa taknak jadi agent? 😂
@@bumblebum32awak ejen insurance ke? 😌
😢😅😢😅😢😅 the private hospitals have to investigate any fraud charges like those old days of the panel vehicle workshop , yet the insurance company passed the bail on the same time both of them have any curiosity movement !!!??? 🫣🫣🫣🤭🤭🤭😭😭😭🤣🤣🤣👏👏👏👍👍👍🙄🙄🙄🤔🤔🤔