{"id":25320,"date":"2016-07-22T16:45:49","date_gmt":"2016-07-22T08:45:49","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=25320"},"modified":"2018-08-24T01:00:30","modified_gmt":"2018-08-23T17:00:30","slug":"health-ministry-to-introduce-non-profit-health-financial-scheme","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/health-ministry-to-introduce-non-profit-health-financial-scheme","title":{"rendered":"Health Ministry To Introduce Non-Profit Health Financial Scheme"},"content":{"rendered":"
Due to the rising concern of limited coverage for out-of-pocket funds and private health insurance, the Ministry of Health is in the midst of planning for an alternative non-profit health financing scheme.<\/p>\n
According to Minister of Health Datuk Seri Dr S. Subramaniam, the plan was to address the challenges and limitations that Malaysians face with out-of-pocket payment and the financial difficulties they face due to that.<\/p>\n
Currently, more than half of the population opt for private health services and over 30% of their health expenditure are out-of-pocket payments. For individuals that has sufficient fund will not feel the heat, but for individuals who are not, financial catastrophe can follow.<\/p>\n
However, this scheme will be on a voluntary basis and a special company would be created under the Ministry of Health to manage this non-profit scheme.<\/p>\n
He also assured that the current highly-subsidised public health care would be maintained. And the ministry hopes that this scheme would be able to address the weaknesses in the current private healthcare system over time.<\/p>\n