Wawasan Institute for Policy Excellence - Wawasan

Wawasan Institute for Policy Excellence - Wawasan A new Malaysian think tank dedicated to promote competitiveness, societal well-being, and transformative innovation.

Wawasan in media | Tackling rising healthcare costs in Malaysia: A call for transparency and market reformsWhile private...
03/12/2024

Wawasan in media |

Tackling rising healthcare costs in Malaysia: A call for transparency and market reforms

While private sector pricing should be primarily driven by market forces, Wawasan emphasises the government’s role in fostering transparency, strengthening consumer protections and ensuring a competitive marketplace.

These measures will allow the private sector to continue driving innovation while addressing affordability concerns.

“The rising cost of private healthcare highlights systemic weaknesses in our healthcare ecosystem,” Wawasan’s research associate Mohamad Faizal Abu Bakar pointed out in a media statement.

The Wawasan Institute for Policy Excellence (Wawasan) has voiced its concern over escalating insurance premiums and private healthcare costs, as highlighted in recent parliamentary discussions led by Bayan Baru MP Sim Tze Tzin.

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