Bank Negara Malaysia (BNM) has affirmed that interim measures are continuing to protect policyholders from rising medical costs, even as comprehensive reforms to the nation's healthcare financing system move forward, Bernama reported.
Governor Datuk Seri Abdul Rasheed Ghaffour highlighted that the government is implementing a three-year reform programme structured around five key thrusts and 11 recommendations, designed to enhance service delivery and control medical insurance inflation.
The reforms are being carried out under the RESET framework, which aims to overhaul health insurance, improve implementation, strengthen digital health capabilities, expand access to cost-effective care and transform payment systems.
A key component of the RESET framework is the overhaul of the medical and health insurance/takaful (MHIT) base product.
BNM expects the redesigned plan to be finalised by the end of 2025, with a pilot rollout planned in selected areas in 2026.
Other initiatives under RESET include the development of a national digital health system, the introduction of price transparency for treatments and medications, the adoption of value-based payment models such as diagnosis-related groups (DRGs) and expanded access to affordable care through public-private partnerships.