Insurance And Takaful Industry Publishes Reference Price Ranges To Enhance Transparency In Private Healthcare

KUALA LUMPUR, Jan 23 (Bernama) — As announced by the Joint Ministerial Committee on Private Healthcare Costs (JMCPHC) yesterday, the insurance and takaful industry wishes to announce that a Reference Guide on Price Ranges for Common Private Healthcare Services in Malaysia has been published. The reference guide is a joint initiative by the Life Insurance Association of Malaysia (LIAM), Malaysian Takaful Association (MTA) and General Insurance Association of Malaysia (PIAM) as part of the RESET strategy under Joint Ministerial Committee on Private Healthcare Costs (JMCPHC), and is publicly accessible on the respective association websites from 22 January 2026.

The reference guide provides the public with an overview of the indicative price ranges typically charged by private healthcare providers for common healthcare services based on insurance and takaful claims data for 2024. It is intended as an informational resource to help consumers better understand common healthcare costs, facilitate more informed discussions with healthcare providers and plan for potential out-ofpocket costs. Improving public understanding of healthcare charges is one of the steps towards promoting more sustainable healthcare financing, support greater price transparency and empower consumers to make more informed decision.

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