During today’s Budget 2027 tabling, Prime Minister Datuk Seri Anwar Ibrahim has announced that the government will roll out its affordable MediAsas medical insurance and takaful plan in January 2027, alongside measures to make private healthcare costs more transparent and manageable. The initiative will also include premium subsidies for eligible small and medium enterprises (SMEs), with the aim of making medical coverage more accessible to workers.
Anwar added that Employees Provident Fund (EPF) members aged below 55 will be allowed to pay their MediAsas premiums using savings from their Akaun Sejahtera. For SMEs with fewer than 75 employees, the government will subsidise the first-year premium by RM200 per worker, capped at 50 employees per company. The measure is expected to benefit up to 200,000 SME workers.
