Medical costs in Malaysia have been rising faster than wages and inflation, making private healthcare increasingly unaffordable for many households, amid escalating medical insurance premiums.
In response, Bank Negara Malaysia (BNM) has announced a major reform to the private medical insurance and takaful landscape — the introduction of a Base Medical and Health Insurance/Takaful (MHIT) Plan, expected to launch in early 2027.
In response, Bank Negara Malaysia (BNM) has announced a major reform to the private medical insurance and takaful landscape — the introduction of a Base Medical and Health Insurance/Takaful (MHIT) Plan, expected to launch in early 2027.
This initiative marks a significant shift in how private medical coverage will be structured, priced, and accessed in Malaysia.
What Is the Base MHIT Plan?




