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Brief insurance news and digest for the busy executives. A handy insurance news archive with main focus on Malaysia. Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we will not be liable for any loss arising from the use of any information contained in this blog. You may reproduce materials published here provided the source (news.actuaries.com.my) is properly acknowledged.
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Thursday, 3 April 2008
ING & JIHC in Stalemate
ING's proposal to Joint Inter-hospital Healthcare Committee (JIHC) on securing a volume discount has been turned down by the latter.JIHC's concern is it may compromise the quality of healthcare and breach the Private Healthcare Facilities and Services Act (PHFSA) 1998.
The JIHC committee represents >600 specialists in 8 hosipitals in the Klang Valley:
- Pantai Medical Centre
- Sunway Hospital
- Prince Court Medical Centre
- Gleneagles Intan Medical Centre
- Assunta Hospital
- Ampang Puteri Hospital
- Tawakal Hospital
- Damansara Specialist Hospital
With the stalemate, ING's policyholders apparently now have to pay upfront and claim later when they see JIHC's specialists.
http://www.thestar.com.my/news/story.asp?file=/2008/4/3/nation/20831586&sec=nation
About Me
- Name: Teh Loo Hai
- Location: Kuala Lumpur, Malaysia
Loo Hai is an actuarial recruiter cum actuarial consultant. He has over 20 years of work experience gained in Malaysia and Australia in the actuarial, insurance, takaful and pension fields.
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