The change is expected to have a significant financial impact on lower-income older Australians, including pensioners and part-pensioners, while placing additional pressure on the public hospital syst...
Slower growth in China and India drives the easing, while Singapore and Indonesia head the other way at 14.7% and 17.3%, adding to pressure on health insurance affordability.
Traditional Korean medicine hospitals emerged as a key focus for regulators after the number of improper claims detected surpassed the full-year 2025 total within nine months.
Under the proposed rules, insurers and takaful operators would have to check customer understanding before underwriting and stop sales that cannot meet a customer's needs.
The funds will be disbursed in two IDR10trn (US$557m) instalments, as the insurer seeks to address a cash flow gap between contributions collected and healthcare service payments.
