Mednefits Survey Highlights Rising Cost of Healthcare Benefits a Concern for Malaysian Businesses

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Mednefits, a digital platform for employee flexible benefits, recently released its 2022 Employee Benefits Trends survey, which includes the findings and analysis of 200 HR professionals in Singapore and Malaysia. 


The main issue that has been discovered within the industry is the lack of an up-to-date medical benefits benchmark which made the annual benefits review become much more difficult. 


The current norm in administering medical benefits is through costly insurance plans which cover not only hospitalisation but also outpatient treatment. These plans can cause some undue financial strain on the company. 

More companies in Malaysia are looking to enhance and review their employee benefits package to stay ahead of the competition in attracting and retaining top talents, and this is where Mednefits come into action.

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