There will be no changes to the announced medical insurance premium hike for next year, said Life Insurance Association of Malaysia (Liam).

However, its chief executive officer Mark O’Dell told Business Times that insurers have agreed instead to implement gradual repricing adjustments in the future.

On Nov 26, the New Straits Times reported that medical insurance premiums are expected to rise between 40 percent and 70 percent next year following notices sent by...