PETALING JAYA: Insurance companies are setting aside more funds to expand special plans related to the Covid-19 pandemic, including covering any adverse reaction from vaccination.
While health experts have said that any side effect from Covid-19 vaccines is rare, the coverage is a precautionary measure.
Most insurance firms have extended their coverage of cash aid for hospitalisation and death from Covid-19, which was supposed to end in December 2020, until this year.
The benefits are for existing and new policyholders at no additional cost for an allocated period of time or until the fund limit is reached.
National Association of Malaysian Life Insurance and Family Takaful Advisors (Namlifa) president A.M. Naidu said insurers had been very supportive of the government’s aspirations to include private healthcare providers in treating Covid-19 patients.
No red flags: Malaysians should feel reassured that the Pfizer-BioNTech vaccine has been assessed rigorously by two major regulatory bodies – the United States’ Food and Drug Administration and United Kingdom’s Medicines and Healthcare products Regulatory Agency. AP
AS more frontliners get vaccinated against Covid-19, others eagerly wait their turn to receive the shots that could spell the end of the pandemic.
From April onwards, senior citizens and high risk groups will get the Covid-19 vaccine, followed by adults aged 18 and above beginning May.
But there are some who are hesitant, worrying about the possible side effects of the jab, or adverse events following immunisation (AEFI).
FOMCA, Namlifa: Medical Insurance Price Hike Should Be Deferred From 2021 To 2023
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The Federation of Malaysian Consumers Associations (FOMCA) has called for the price hike for medical insurance premiums, which is slated to take effect in 2021, to be deferred to 2023 instead. This is because many individuals are still facing financial difficulties following the Covid-19 pandemic.
“The price increase should take effect in 2023. Looking at the recovery rate, the economy is still weak, and it will take time for consumers to be able to fend for their families,” said the president of FOMCA, Datuk Dr Marimuthu Nadason. A price hike for medical insurance premiums had originally been scheduled for 2020, but insurance companies eventually decided to postpone it to 2021 following increasing financial difficulties among Malaysians, caused by the spread of Covid-19.
Debate on medical insurance price hike thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
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PENAMPANG: Members of the public are urged to support the 2020 Blood Donation Campaign being held from 10am to 5pm on Dec 12 at the ITCC Shopping Mall, here.
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The event is jointly organised by Life Insurance Association of Malaysia Sabah Branch(Liam) and National Association of Malaysian Life Insurance and Family Takaful Advisors (Namlifa) Sabah Branch in conjunction with the Malaysia Day.
The National Blood Bank has initiated the nationwide blood donation drive from Sept 1 till Dec 31.
Liam Sabah Liaison Chairman, Jonathan Wong and Co-Organising Chairman Philip Chang encourage the public to support the.
SOP will be followed during the event and a simple health declaration is required upon registration on that day.