Budget 2027: MediAsas Medical Plan To Launch In January
During today’s Budget 2027 tabling, Prime Minister Datuk Seri Anwar Ibrahim has announced that the government will roll out its affordable MediAsas medical insurance and takaful plan in January 2027, alongside measures to make private healthcare costs more transparent and manageable. The initiative will also include premium subsidies for eligible small and medium enterprises (SMEs), […] The post…
Prime Minister Anwar Ibrahim announced during the Budget 2027 unveiling that the MediAsas medical insurance and takaful plan will commence in January 2027, complemented by efforts to enhance private healthcare costs' transparency and affordability. SMEs will receive premium subsidies, targeting workers' medical coverage accessibility.
EPF members under 55 can pay MediAsas premiums using their Akaun Sejahtera savings. SMEs with under 75 employees will receive a RM200 per worker first-year premium subsidy, up to 50 employees. MediAsas, a basic Medical and Health Insurance/Takaful (MHIT) initiative, began in the Klang Valley at the end of July and will continue through October 2026 with six insurance providers and selected hospitals.
The standalone plan has two options, MediAsas Teras and MediAsas Fleksi, for individuals up to age 85. Government will also standardize electronic medical records and develop an e-CKAPS portal for online private healthcare facility licensing, aiming to reduce processing times by up to 65%.
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