KUALA LUMPUR: The government is in discussions with the Employees Provident Fund (EPF) to consider allowing withdrawals from EPF Account 2 for the purchase of the new Base Medical and Health Insurance/Takaful (MHIT) product, said Datuk Seri Amir Hamzah Azizan.
-Advertisement-
“Currently, EPF’s Akaun Sejahtera, or Account 2, can be used for the i-Lindung scheme, which provides coverage for critical illnesses,” the Finance Minister II told the Dewan Rakyat on Thursday (Jan 29) during Minister’s Question Time.
He added, “We are discussing with EPF whether the Base Plan concept can be included under i-Lindung products to allow withdrawals.”
Amir Hamzah expressed optimism that the approach, along with public support, would lead to a stronger system supporting Malaysia’s healthcare framework.
-Advertisement-
He was responding to a supplementary question by Khoo Poay Tiong (PH-Kota Melaka) regarding whether EPF withdrawals could be permitted for the Base MHIT.
The Base MHIT framework, unveiled by Bank Negara on Jan 22, introduces a standardised, voluntary insurance product aimed at Malaysians who are uninsured or facing high premium costs. The initiative seeks to standardise baseline coverage across insurers and takaful operators, enhancing portability and price transparency.
-Thestar