Savings scheme

Government urged to introduce health savings scheme for aging citizens

KUALA LUMPUR: Experts are urging the government to introduce a health savings scheme for its aging society.

The chairman of the 10th Malaysian Hybrid Conference on Healthy Aging (10th MCHA), Datuk Dr N. Ganabaskaran, said national health insurance was proposed and discussed 25 years ago but had not been implemented. implemented.

“As 15% of the population will be 60 and over in 10 years, there is a pressing and urgent need for a health insurance savings scheme which must be introduced for all Malaysians,” said the former President of the Malaysian Medical Association.

He shared that such a scheme would ensure that retirees would not be locked in after the age of 60 when no longer employed and require them to exhaust their EPF savings.

“For this to happen, professional bodies such as the Malaysian Medical Association and NGOs representing older people should be consulted,” he said.

The 10th MCHA is a hybrid conference to be held in Penang from Tuesday (March 15) to Thursday (March 17) which will explore how such a successful program for retirees is funded in other countries and is to be attended by over 1,000 delegates.

The conference is organized by the Malaysian Healthy Aging Society (MHAS) in collaboration with the Penang State Government and is themed “Holistic Healthy Aging: 10 Pillars to Living Longer, Healthier and Better”.

The conference will see no less than 90 international and regional experts speak on various aspects of aging as part of its three-day scientific program.

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