KUALA LUMPUR, Oct 9 — MediAsas, a voluntary medical insurance and takaful plan, will be launched nationwide at affordable prices in January 2027, Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim announced today.

While tabling Budget 2027 at Dewan Rakyat today, Anwar said MediAsas would help keep hospital bills under control and more predictable according to diagnosis type.

“Starting 2027, private hospital bills must use a standard and transparent category of charges so that patients understand what they are paying and to reduce price distortions,” he said.

Anwar also said Employees Provident Fund (EPF) contributors under 55 years old can also tap into their Akaun Sejahtera to pay for MediAsas premiums.