• Lionel Lye

10 Golden Wealth Management Values for the rest of your life! No.2

Updated: Jun 22, 2020

This is Golden Value No.2
Healthcare Protection

To be able to afford medical treatment when we got sick.

No one likes to be sick. But let’s face it: when we get older, we may get “attracted” to sickness one day, and what if we are unable to meet the rising medical cost when we get ill?

No one likes injections, but injections are to prevent diseases.

Medical insurance is like a vaccination, in case you are ‘attracted’ by a disease, insurance can help us recuperate and recover from illnesses!

There is a saying, "You can pay for your medical fees in 3 cards.

1) Debit card, by using your savings.

2) Credit card by using your bank credit limit.

3) Medical card, by using the limit within your policy.

Choose one.

While one can take precautionary measures to be healthy, one may not be able to avoid illness.

The cost of Malaysia’s medical care was reported in Willis Towers Watson’s “2020 Global Medical Trends Survey Report” to be rising at 12.6 percent — above the global average of 6.8 percent.

Although Bank Negara Malaysia (BNM) is trying to contain the inflation of medical costs in Malaysia, controlling the increase of medical claims requires a coordinated effort addressing the different incentives at play. This is because the ecosystem for medical services in Malaysia involves many stakeholders, including those who pay for the bills, healthcare providers, regulators, managed care organizations, and the end consumers.

If you do not have a medical insurance policy yet, it is time to consider getting one. Nobody wants to be stuck in a situation where he or she has to exhaust the savings to pay for medical treatment. Thus, we encourage everyone in Malaysia to take the initiative and protect themselves with a medical card to avoid paying exorbitant medical fees.

Feel free to contact us today.

Click the link here to read 10 Wealth Management Golden Values No.1.



Willis Towers Watson. 2020. 2020 Global Medical Trends Survey Report - Willis Towers Watson. [ONLINE] Available at: [Accessed 16 June 2020].

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