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CHARTING A NEW PATH FOR HEALTHCARE

Healthcare made headlines last year when Prime Minister Anwar Ibrahim announced a significant allocation of RM41.22bil for the Health Ministry (MOH) in Budget 2024, marking a notable increase of approximately 13.5% from the previous year’s allocation of RM36.3bil in Budget 2023.

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The red pill of Obamacare

The red pill of Obamacare
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59% of APAC insurers surveyed expect higher healthcare costs over the next 3 years

The average cost of medical care in the region jumped from 7.2% in 2022 to 9.9% in 2023, a figure it is expected to maintain in 2024.

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Global healthcare cost increases ease slightly in 2024

Global healthcare costs are projected to remain high in 2024.

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Global healthcare benefit cost increases to continue in 2024

Global healthcare benefit cost increases to continue in 2024
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