Malaysia’s government strongly subsidizes medical care expenses through the public health system. As a result, patients just have to spend a few Ringgit for medical visits and examinations. Policies and standards are regulated by the Ministry of Health. It also uses general taxes to finance the public health insurance sector. The federal government spends about 4.4 percent of its GDP on healthcare. Individual patients bear roughly 44.5 percent of expenses by the small fees they must pay at each appointment.
Medical insurance coverage is wide-ranging and covers most health, medical and disease conditions. Medical insurance is covered for all employees:
- Medical coverage up to RM10,000 to each worker for treatment and hospitalization in government hospitals. Medical benefits would be charged consistent with Third (3rd) Class room and board, up to a maximum of RM60 per day. The scheme covers injuries, accidents, and sickness.
- The annual premium for each worker is RM120 excluding 6% service tax and RM10 stamp duty.
- The annual premium is to be borne by the worker except for the plantation industry and domestic maids where premiums would be borne by the employer.
For many people, medical insurance is a lifeline. Despite the fact that Malaysia is blessed with government hospitals and clinics that provide treatment at a low cost, there are long wait times for consultations, treatment, and surgery.