Archive · 15 Sep 2025

Insurance Premiums Rise Despite GST Cut, Sparks Concerns

Insurance Premiums Rise Despite GST Cut, Sparks Concerns

Recently, the government removed the tax (GST) on health insurance.

However, some people are worried that insurance companies are secretly raising the prices of their plans anyway.

This is happening even though the tax was removed to make insurance cheaper.

People are complaining about high prices and a lack of clear information from the insurance companies.

Some analysts are also saying that the government's insurance watchdog isn't doing enough to stop this from happening.

Sources