Best Standalone Medical Cards in Malaysia 2024
If you need a straightforward and affordable medical insurance, you may need a standalone medical card. We often read and hear about the importance of having a health insurance coverage, backed by the fact that the cost of a medical treatment has been on the rise over the years. Quoting Antony Lee, the Chairman of The General Association of Insurance Malaysia (PIAM), as saying: “Medical inflation has been on an upward trend with double-digit increases in recent years and is projected to reach 14% in 2019.” What does this supposed to mean? It means that getting a fever diagnosis with medicines and medical certificate at a private clinic can easily cost you more than RM100 per visit. Unless you are settled on relying heavily to the public healthcare system, having a health insurance coverage is a necessity nowadays. Medical insurance comes in 2 options: (1) standalone with no frills medical policy, (2) medical rider attached to a life insurance plan such as an investment-linked poli...