💰 Medical insurance premiums are set to increase by 40% to 70% next year.
🏥 Insurance providers attribute the rise to the growing costs of medical care in private hospitals.
📬 Many policyholders have received notices and are questioning the justification for these annual hikes, with some facing increases of more than 50%.
🤔 Many are considering canceling their policies and relying on employer-provided insurance or switching to government hospital services.
🗣️ Dr. Jacob George, president of the Consumers Association of Subang and Shah Alam, criticized the hikes, stating that rising premiums aren't reasonable in today's economic climate.
🔍 Bayan Baru MP Sim Ttin mentioned that he and other PKR MPs are investigating the reasons behind the rising charges.
📞 Attempts to contact insurance companies for an explanation have gone unanswered.