Unveils Employee Medical Benefits Top Up Program

 

Hifumi Malaysia, a leading provider of employee benefits solutions, is excited to announce the launch of its Employee Medical Benefits Top-Up Program. This program comes as a response to the complex challenges faced by both employers and employees in the realm of healthcare coverage.

 

Challenges Faced by Employers:

 

- Premium Loading: Employers encounter difficulties with premium loading due to a high claim rate within their groups, leading to escalated costs in managing employee healthcare benefits.

 

- Exceeding Annual Limits: Employee medical bills often surpass the annual limit set by existing medical benefits, straining the employer financial resources.

 

- Rising Healthcare Costs:

 The continuous rise in healthcare costs adds to the financial burden of providing comprehensive medical benefits to employees.

 

Challenges Faced by Employees:

 

- Limited Coverage: Existing employee medical benefits typically cover only minor surgeries, leaving employees vulnerable to financial risks associated with long-term medication and treatments.

 

- Post-Retirement Coverage Gap: Employees face a lack of medical insurance coverage after retirement, creating uncertainty and financial strain during this crucial phase of life.

 

In addressing these challenges, Hifumi Malaysia is committed to working closely with Corporate Human Resource departments and Small and Medium Enterprises (SMEs) to provide tailored solutions that meet the unique needs of each organization. The Employee Medical Benefits Top-Up Program aims to enhance the existing healthcare coverage for employees, ensuring comprehensive protection against rising medical costs and post-retirement uncertainties.

 

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