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Profiteering is the norm of private hospitals and doctors.
Docs and private hospitals are vultures preying on the misery of others
KUALA LUMPUR, May 6, 2025: Why are doctors so unwilling/afraid of displaying drug prices? Why are they so scared of transparency?
Because they are vultures preying on the sick, suffering and dying.
They want too continue with overcharging and profiteering, squeezing every sen from the misery of others.
This is what is being shared on social media:
Glaring facts of excessive profiteering in the private health care sector:
- baby wipes at RM 18.80
- an ice bag at RM 43.35
- RM 5.00 for a face mask when a box of 50 cost RM 20.00
- RM 20.00 for a pair of surgical gloves when a box of 100 costs no more than RM 30.00
- RM 110.00 for an oral gel which is sold at retail stores at not more than RM 30.00
50 - 70% of the private hospital bills are for hospital supplies and services ( HSS ), and they are non regulated items
According to medical costs statistics, 70% of medical costs occur in the last 20 years of an individual’s life.
It is especially critical for elderly people in Malaysia as a majority of people above 60 years old do not have enough savings to pay for their daily living expenses.
No News Is Bad News reproduces a news report on the vulture doctors protesting the displaying of drug prices rule:
Malaysia
Doctors gather to protest display of drug prices rule
The group is expected to submit a memorandum to the Prime Minister's Office (PMO) regarding the rule.
Updated 47 seconds ago · Published on 06 May 2025 10:49AM
All of them, dressed in black and holding placards and banners, began gathering at around 9.30am today. - May 6, 2025
HUNDREDS of doctors and medical practitioners gathered peacefully at Laman Perdana near the Perdana Putra Building to protest the implementation of regulations mandating the display of drug prices at private clinics and pharmacies.
The group, which consists of doctors, private general practitioners and representatives of several non-governmental associations (NGOs) related to medical practitioners, is expected to submit a memorandum to the Prime Minister's Office (PMO) regarding the rule.
All of them, dressed in black and holding placards and banners, began gathering at around 9.30am today.
They had earlier planned to march from the health ministry’s headquarters to the PMO, but it is understood that they decided to gather at Perdana Putra directly as some participants are elderly.
The placards included the words 'GPs support transparency in drug prices. Reject Act 723', 'Health Matters Must Remain with Health Professionals' and 'Healthcare Inflation is Everyone's Responsibility'.
Yesterday, the Malaysian Medical Association (MMA) in a statement said the memorandum to PMO is to voice the concerns and challenges faced by private clinics following the government's decision.
According to them, the application of the Price Control and Anti-Profiteering Act 2011 or Act 723 on the medical profession is considered inappropriate because it is not a health-related law and could have a negative impact on the delivery of primary healthcare. – May 6, 2025
Wednesday, 2 April 2025
BNM, ignore the ‘blood sucking’ multi-billion private medical services and medical industries
Share to help stimulate good governance, ensure future of people & M’sia
No News Is Bad News
BNM, ignore the ‘blood sucking’ multi-billion private medical services and medical industries
KUALA LUMPUR, April 3, 2025: The private hospitals and medical industries are multi-trillion-dollar (RM) “blood sucking” beasts.
Overcharging with high medical bills enable them to make insane billions, if not trillions. of dollars.
So, why should Bank Negara Malaysia (BNM) even listen to them?
BNM should only do what is right for the rakyat dan negara (people and country), not protect and help the “blood suckers” maintain or reap more insane profits.
No News Is Bad News reproduces below a news report on tghe “blood suckers”:
Bank Negara ignorant of healthcare needs, says think tank
-03 Apr 2025, 07:00 AM
The Galen Centre says recommendations by the central bank to cut medical costs were unrealistic.
Bank Negara’s suggestions on increasing the number of affordable, mid-tier hospital beds have met with criticism.
PETALING JAYA: Bank Negara has been accused of making unrealistic recommendations on moves to cut healthcare costs and of being ignorant of the reality and challenges faced by the national health system.
Azrul Khalib, chief executive of Galen Centre for Health and Social Policy, said Bank Negara’s recent suggestions on increasing the number of affordable, mid-tier hospital beds may not effectively combat rising medical insurance and costs due to a shortage of staff.
“Furthermore, building more not-for-profit hospitals won’t address medical inflation if there aren’t enough skilled workers to staff them,” he told FMT.
Azrul said the focus should be on expanding the healthcare workforce by offering grants, scholarships, and training for specialists, doctors, nurses, and other healthcare roles.
He said many skilled professionals had migrated to countries such as Singapore, Australia, and the United Kingdom for better salaries, improved working conditions, and career development.
Bank Negara’s suggestions on lowering healthcare costs were made in its 2024 annual report released last Monday, in which the central bank called for the health ministry’s “Rakan KKM” programme to be scaled up.
The programme offers “premium economy” services at selected public hospitals for elective outpatient, day care and inpatient services.
However, Azrul said basic details about the initiative were not available. “The public doesn’t have any basic details regarding this programme, other than the number of hospitals involved and that it will be ‘premium economy’ service.”
It was unclear which medical specialties would be involved and whether the programme offers benefits such as faster diagnoses or priority for surgery, he said.
There were also concerns about whether there were enough medical personnel to support the programme without affecting other existing services.
However, Association of Private Hospitals Malaysia president Dr Kuljit Singh believes “Rakan KKM” can greatly benefit patients with its affordability and accessibility.
He said public hospitals and not-for-profit hospitals are also key in contributing to a more accessible healthcare with options at various tiers for a majority of patients.
Kuljit agreed with Bank Negara’s suggestion of government incentives for the Rakan KKM programme. He said the association was having discussions on what incentives should be provided.
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