KUALA LUMPUR, June 20 — The government’s proposed health insurance scheme, to be funded through Account 2 of the Employees Provident Fund (EPF), will be voluntary and not mandatory, said Health Minister Datuk Seri Dr Dzulkefly Ahmad.
The initiative aims to offer EPF contributors the option of broader insurance coverage, as currently, 32 per cent of healthcare costs are paid out-of-pocket by patients without insurance protection.
"Through this approach, the government hopes to expand access to faster, higher-quality private healthcare without increasing the financial burden on the people," he said in a Facebook post today.
Dr Dzulkefly added that the proposal draws inspiration from countries like Singapore, which prioritise insurance access for the majority of citizens.
“It does not come out of their pockets. Only about one per cent of Account 2 would be used to pay for insurance. This is the best way,” he said.
Yesterday, Dr Dzulkefly said the government is considering allowing Malaysians to use their EPF Account 2 to pay monthly health insurance premiums.
If implemented, it would enable 16 million EPF members to utilise their contributions to access private hospital care.
— Bernama
