{"id":18118,"date":"2025-03-11T14:00:00","date_gmt":"2025-03-11T06:00:00","guid":{"rendered":"https:\/\/www.comparehero.my\/blog\/uncategorized\/government-stakeholders-unite-to-tackle-rising-healthcare-costs-with-long-term-solutions.html"},"modified":"2026-03-27T15:19:57","modified_gmt":"2026-03-27T07:19:57","slug":"government-stakeholders-unite-to-tackle-rising-healthcare-costs-with-long-term-solutions","status":"publish","type":"post","link":"https:\/\/www.comparehero.my\/blog\/healthcare\/government-stakeholders-unite-to-tackle-rising-healthcare-costs-with-long-term-solutions.html","title":{"rendered":"Government &#038; Stakeholders Unite to Tackle Rising Healthcare Costs With Long-Term Solutions"},"content":{"rendered":"\n<p style=\"text-align: center; font-size: 14px;\"><em>(Image: 123rf)<\/em><\/p>\n<!--more--><p>The Malaysian government is working with key stakeholders to tackle rising healthcare costs through long-term strategies. Finance Minister II, Datuk Seri Amir Hamzah Azizan, said Bank Negara Malaysia (BNM), the Health and Finance Ministries, private hospitals, and Insurers and Takaful Operators (ITO) are collaborating to control medical expenses and keep insurance premiums affordable.<\/p>\n<p>BNM and its partners are focusing on managing medical cost inflation. The National Cost of Living Action Council (Naccol) has introduced measures like spreading premium increases over time, delaying hikes, reinstating lapsed policies, and offering more flexible insurance options.<\/p>\n<p>As of December, insurance providers agreed to cap annual premium hikes at under 10% for three years, benefiting 80% of policyholders. Those facing steep increases (40-70%) can seek assistance, and policyholders who canceled coverage in 2024 due to costs can reinstate their policies. &nbsp;<br><br>The financial impact of these measures, estimated at RM2.6 billion over 2 years, will largely be absorbed by insurers. However, Amir Hamzah stressed that rising medical costs remain the root problem. &nbsp;<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/144634072.fs1.hubspotusercontent-eu1.net\/hubfs\/144634072\/Amir-Hamzah%20Business%20Today.webp?resize=640%2C427&#038;ssl=1\" width=\"640\" height=\"427\" loading=\"lazy\" alt=\"Amir-Hamzah Business Today\" style=\"height: auto; max-width: 100%; width: 1024px;\"><\/p>\n<p style=\"text-align: center;\"><em><span style=\"font-size: 14px;\">(Image: BusinessToday)<\/span><\/em><\/p>\n<p style=\"text-align: left;\"><br>To ensure long-term sustainability, the government is prioritising healthcare reforms, including regulating private hospital charges, improving cost efficiency, and addressing inflation in medical expenses.<\/p>\n<p>&#8220;It is important to emphasise that these interim measures can only provide temporary relief for policyholders. However, the core issue remains the rising inflation of medical costs. The continuous increase in medical cost inflation is the primary factor driving the rise in claims for MHIT premiums,&#8221; Amir Hamzah said in Dewan Rakyat today, as quoted by <a href=\"https:\/\/www.nst.com.my\/news\/nation\/2025\/03\/1186750\/amir-hamzah-long-term-plan-tackle-rising-medical-inflation-works\" rel=\"noopener\" target=\"_blank\">NST<\/a>.<\/p>\n<p>&#8220;The government, through the Health Ministry, is prioritising comprehensive healthcare reforms to address medical cost inflation and private hospital charges to curb the rising costs in the healthcare sector&#8221;, Amir Hamzah further explained.<\/p>\n<p><span>(Source:&nbsp;<\/span><a href=\"https:\/\/www.nst.com.my\/news\/nation\/2025\/03\/1186750\/amir-hamzah-long-term-plan-tackle-rising-medical-inflation-works\" target=\"_blank\" rel=\"noreferrer noopener\">NST<\/a><span>)<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Image: 123rf)<\/p>\n","protected":false},"author":268230141,"featured_media":249,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[434],"tags":[],"class_list":["post-18118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-healthcare"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Government &amp; 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Subramaniam shared in\u2026","rel":"","context":"In &quot;Insurance&quot;","block_context":{"text":"Insurance","link":"https:\/\/www.comparehero.my\/blog\/insurance"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2021\/10\/image-3.png?fit=1024%2C768&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2021\/10\/image-3.png?fit=1024%2C768&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2021\/10\/image-3.png?fit=1024%2C768&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2021\/10\/image-3.png?fit=1024%2C768&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":18237,"url":"https:\/\/www.comparehero.my\/blog\/economy-markets\/how-will-the-opr-hike-affect-your-finances.html","url_meta":{"origin":18118,"position":2},"title":"How Will The OPR Hike Affect Your Finances?","author":"CompareHero","date":"26 September 2022","format":false,"excerpt":"When the world was affected by the COVID-19 pandemic, Bank Negara Malaysia (BNM) reduced the Overnight Policy Rate (OPR) to a historic low of 1.75% to boost the economy and avoid recession. Read more: 2020 OPR Cuts: What Does This Mean For Malaysians? Now that the world is slowly recovering\u2026","rel":"","context":"In &quot;Economy &amp; Markets&quot;","block_context":{"text":"Economy &amp; Markets","link":"https:\/\/www.comparehero.my\/blog\/economy-markets"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/FI_What_is_OPR_and_How_Will_It_Affect_Your_Finances-03.png?fit=1201%2C629&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/FI_What_is_OPR_and_How_Will_It_Affect_Your_Finances-03.png?fit=1201%2C629&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/FI_What_is_OPR_and_How_Will_It_Affect_Your_Finances-03.png?fit=1201%2C629&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/FI_What_is_OPR_and_How_Will_It_Affect_Your_Finances-03.png?fit=1201%2C629&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/FI_What_is_OPR_and_How_Will_It_Affect_Your_Finances-03.png?fit=1201%2C629&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":17933,"url":"https:\/\/www.comparehero.my\/blog\/economy-markets\/bnm-maintains-opr.html","url_meta":{"origin":18118,"position":3},"title":"BNM Maintains OPR At 1.75% &#8211; What Does This Mean For Malaysians?","author":"CompareHero","date":"26 January 2021","format":false,"excerpt":"[no_toc] Bank Negara Malaysia (BNM) recently announced that it will maintain the Overnight Policy Rate (OPR) on 20 January 2021. But as a Malaysian, what does this mean for you? If you haven\u2019t already heard, Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 1.75%,\u2026","rel":"","context":"In &quot;Economy &amp; Markets&quot;","block_context":{"text":"Economy &amp; Markets","link":"https:\/\/www.comparehero.my\/blog\/economy-markets"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bnm-maintains-opr1.jpg?fit=1200%2C628&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bnm-maintains-opr1.jpg?fit=1200%2C628&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bnm-maintains-opr1.jpg?fit=1200%2C628&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bnm-maintains-opr1.jpg?fit=1200%2C628&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bnm-maintains-opr1.jpg?fit=1200%2C628&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":17892,"url":"https:\/\/www.comparehero.my\/blog\/government-policy\/bnm-receives-500000-applications-for-post-moratorium-assistance.html","url_meta":{"origin":18118,"position":4},"title":"Bank Negara Malaysia Receives 500,000 Applications For Repayment Assistance Amid Moratorium Conclusion","author":"CompareHero","date":"8 October 2020","format":false,"excerpt":"About 500,000 applications for repayment assistance have been received by Bank Negara Malaysia (BNM) as Malaysians transition into targeted repayment assistance following the end of the six-month loan moratorium period on October 1, according to BNM. To aid vulnerable Malaysians who are struggling with their loans, banks have introduced a\u2026","rel":"","context":"In &quot;Government Policy&quot;","block_context":{"text":"Government Policy","link":"https:\/\/www.comparehero.my\/blog\/government-policy"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bnm-receives-500000-applications-for-post-moratoriumassistance.jpg?fit=1200%2C628&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bnm-receives-500000-applications-for-post-moratoriumassistance.jpg?fit=1200%2C628&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bnm-receives-500000-applications-for-post-moratoriumassistance.jpg?fit=1200%2C628&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bnm-receives-500000-applications-for-post-moratoriumassistance.jpg?fit=1200%2C628&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bnm-receives-500000-applications-for-post-moratoriumassistance.jpg?fit=1200%2C628&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":17606,"url":"https:\/\/www.comparehero.my\/blog\/economy-markets\/opr-changes-impact-malaysians.html","url_meta":{"origin":18118,"position":5},"title":"2020 OPR Cuts: What Does This Mean For Malaysians? 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It is an indicator of\u2026","rel":"","context":"In &quot;Economy &amp; Markets&quot;","block_context":{"text":"Economy &amp; Markets","link":"https:\/\/www.comparehero.my\/blog\/economy-markets"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/OPR-Changes.jpg?fit=930%2C487&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/OPR-Changes.jpg?fit=930%2C487&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/OPR-Changes.jpg?fit=930%2C487&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/OPR-Changes.jpg?fit=930%2C487&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/143418717_m.jpg?fit=1200%2C604&ssl=1","_links":{"self":[{"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/posts\/18118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/users\/268230141"}],"replies":[{"embeddable":true,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/comments?post=18118"}],"version-history":[{"count":2,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/posts\/18118\/revisions"}],"predecessor-version":[{"id":60368,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/posts\/18118\/revisions\/60368"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/media\/249"}],"wp:attachment":[{"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/media?parent=18118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/categories?post=18118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.comparehero.my\/blog\/wp-json\/wp\/v2\/tags?post=18118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}