Malaysia’s population has increased steadily due to the improvement and well-developed health care system, women status, literacy, modern infrastructure and having clean water and sanitation as well as many programs introduced to reduce the poverty in the country. Correspond to Malaysia’s rapid urbanization and modernization; the proportion of urban population has increased tremendously. The urbanization process in Malaysia is influenced by natural increase and net migration. Nowadays, more populations in Malaysia are moving to urban areas which results in an increase of demand for more houses, schools and employment. The urban expansion brought about by the increasing economic opportunities attracted migrants into the country which leads to
Healthcare in Malaysia is divided into two different sectors, namely the public and private sectors. Private healthcare provides health services that are mainly concentrated in urbanized areas of the country. It ranges from privately funded hospitals to clinics and nursing homes. Private healthcare providers are governed by the Private Healthcare Facilities and Services Act 1998. The Malaysian healthcare system was inherited from the British upon independence in 1957.
For one, when put into comparison with other healthcare financing systems, Singapore has proved to be above average. It functions well; the equity and problems are balanced out, thus drawing a lot of attention internationally (Abeysinghe et al.). As mentioned earlier, Singapore’s healthcare policies are well developed in maintaining the economic stability. Singapore has been channelling less than 4% of its GDP to healthcare. On the contrary, the global health expenditure average is 8% of the GDP (Financing Health Care).
National Health Insurance – The pros and cons Malaysia is a developing country. === However, for the past 50 years since the independent day of Merdeka, the health care system of Malaysia is implemented and managed in a considerably well manner, as the government aware that the importance of health care is the fundamental part for a country’s development. There are four different methods of funding in Malaysian health care including (1) public general taxation; (2) social health insurance by Social Security Organisation (Socso) under Ministry of Health Resources; (3) voluntary private health insurance; and (4) government annual national budget allocation for public health expenditure. The primary source for financing the government public
Meanwhile, one big advantage of Malaysia is its wide range of natural resources such as crude oil, natural gas, palm oil etc (MATRADE, 2011). The country has the financial capabilities to provide backing to its ailing national carrier and ensure its comeback. One area whereby Malaysia’s air travel relies on heavily is its booming medical tourism. It is one of the world’s top spot in the medical tourism’s global expansion (Hockton, 2014). With the depreciation of the ringgit, this increases its attractiveness as a medical tourism hub for the
2.2.4 Rising Life Expectancy and Aging Population As noted by Luet et. al. (2015), the medical advancements in recent times have increased the average life expectancy of people and thus the number of aging population has increased as well. These two factors have become the key drivers of the Malaysian health insurance industry. The average life expectancy of male was 59.4 years, and for females was 60.3 years in 1960 of the Malaysian people.
Malaysia is a country surrounding by the ocean and it is no surprise that most of the international trade is done through the maritime transportation. International maritime transportation is the main platform to export and import good and cargo as well as the mobility through the ocean or waterway internationally. According to the statistics, there are 95% of the Malaysia international trade is being carried through the international sea transportation. It is important and has contributing a lot of benefit toward Malaysia, not only in term of economic but also contribute knowledge, investments as well as job opportunity. International maritime transportation has generate tremendous economic benefit to the country.
The fastest-growing economies of Malaysia in the developing world is start from year 1970s. Malaysia transformed from a major exporter of palm oil, rubber, tin, tropical timber and other primary commodities to the exporter of manufactured goods and this cause the country Per capita income become doubled in less than a generation. From year around 1970 until year 1980, economic growth was raise around 7.7% and it also raise to 5.8% in year 1980 to year 1990. In year 1990 to year 2005, the economic growth about 6.5%. During year 2008, crisis of financial appear and it caused the economic growth reduce.
1. Introduction In recent years there has been a boost in the Malaysian economy and stable government regulations has created a great impact in the economic foundation of Malaysia. Various diversities in terms of culture and region have caught attention of many people around the globe. The field of Education and Tourism has been a rising up in Malaysia over the past few years. People from all over the world frequently come over to enjoy the tropical climate, diversities in cultures, traditions, architectural structures and the Asian aesthetics of this country.
1.1 Introduction to the Health Care System In Malaysia The health care system is defined as a complex of facilities,organizations and trained personnel engaged in proving health care within a geographical area. Malaysia inherited a health system from the British upon independence in 1957 but with services based mainly in urban areas. Health care services were expanded as a post-independence priority, particularly for the economically disadvantaged and the rural population. Health centers are provided for, one per 15 000 to 20 000 population, while community clinics are one per 2 000 to 4 000 population. Currently, Malaysia’s health care system can be classified into both government-run universal health care public system and a co-existing