PETALING JAYA: The introduction of the Base Medical and Health Insurance/Takaful (MHIT) plan by the government will actually be able to correct market distortions and reform the insurance industry, says Sim Tze Tzin. “Not all governments have the commitment and courage to reform complex issues and the insurance industry that involves giant companies, most of which are from foreign countries,” he said. According to the MHIT White Paper released on Jan 22, there are two plans, namely the Standard Plan and the lower-cost Standard Plus Plan. Those aged 61 to 65 will pay RM280 to RM350 for the Standard Plan, while for the Standard Plus Plan, they will be paying RM220 to RM280. Those aged above 75 will be paying RM500 to RM780 for the Standard Plan, while the Standard Plus Plan will cost them RM400 to RM660.

Source: The Star January 24, 2026 22:09 UTC