Medical inflation

rising-healthcare-costs-forcing-asias-insurers-to-withdraw-rethink-strategy

Soaring healthcare costs push Asia’s insurers to revise strategies, exit markets

June 10 2025

Industry leaders call for greater transparency, enhanced claims oversight, and expanded preventive care, as rising medical costs drive up policyholders’ premiums and insurers’ loss ratios.

Data and digitalisation key to targeting healthcare waste and reaching underserved markets

June 5 2025

Traditional risk modelling approaches are proving insufficient for managing healthcare costs and granular data will be key moving forward.

regulatory-reforms-to-drive-growth-in-malaysias-non-life-insurance-market-am-best

Malaysia’s general insurance premiums rise 6.9% in 2024 on motor and infrastructure demand: PIAM

April 30 2025

Underwriting profit fell 11% in 2024 despite premium growth, as the industry’s combined ratio edged up to 93.4%.

Rising medical inflation tests Thai health insurers

April 23 2025

The March introduction of compulsory copayment rules is expected to slow healthcare inflation, but demographic challenges remain.

takaful-industry-projects-up-to-rm800-million-loss-from-medical-premium-cap

Malaysia's Takaful industry projects up to US$181m loss from BNM's medical premium cap

April 16 2025

Cap limits premium increases, but industry says the underlying issue is the rising cost of medical care.

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Medical inflation threatening access to healthcare: Malaysian Re

April 2 2025

Malaysian government is exploring social health insurance, and partnerships with private providers, to manage rising costs.

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Prudential reaffirms commitment to BNM cap after lawmakers question medical insurance hike

March 27 2025

Prudential Assurance Malaysia says reported figures were drawn from letters explaining average medical inflation rates.

malaysian-mp-urges-bank-negara-malaysia-to-investigate-health-insurance-premium-hikes

Malaysia's life and takaful insurers’ profits halve as medical claims soar

March 26 2025

Escalating medical costs and increased claims will put further pressure on underwriting income.

bnm-moh-epf-plans-develop-basic-health-insurance-takaful-products-for-malaysia

BNM, MOH, EPF set to create basic health insurance, takaful products for Malaysia

March 12 2025

Government bodies plan to introduce basic health insurance and takaful products to amid public concern of rising costs.

malaysian-insurance-and-takaful-industry-proposes-steps-to-manage-rising-healthcare-costs

Malaysian insurance and takaful industries propose steps to manage rising healthcare costs

March 7 2025

Proposals include measures to improve transparency, regulate pharmaceutical costs, and encourage cost-sharing.

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