Medicine price display facilitates fair comparisons for insurance providers
KUALA LUMPUR: The implementation of the Medicine Price Display Order at private healthcare facilities and pharmacies not only protects consumer rights but also allows insurance companies to compare the displayed medicine prices with those charged by private hospitals and clinics.Professor of Health Economics, Policy and Management at IMU University Prof Datuk Dr Syed Mohamed Aljunid Syed Junid said this would allow insurance providers to make fairer comparisons and engage in more transparent negotiations with panel health facilities…
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