MAA Assurance expects growth for MedicaLife policy

KUALA LUMPUR: Malaysian Assurance Alliance Bhd (MAA Assurance) expects a moderate growth of about 20 per cent in new policyholders for its MedicaLife policy, in partnership with Prince Court Medical Centre (PCMC).Its chief executive officer and group managing director, Muhamad Umar Swift said yesterday, PCMC had become the latest panel hospital to join 84 others offering treatment to MedicaLife policyholders.

To date, MAA Assurance has about 90,000 MedicaLife policyholders.

“This collaboration will link the MedicaLife policyholders, with the advanced facilities available at PCMC. With PCMC on board, we have completed the commitment to provide the best international standard healthcare services as well revolutionary medical facilities, to our policyholders,” he said after the partnership launching ceremony here.

The MedicaLife series comprises the MedicaLife 200, MedicaLife 206 and MedicaLife 207.

The MedicaLife series offers guaranteed renewal, covering the insured up to age 80, a lifetime limit as high as RM600,000 with hassle-free admission and discharge, while providing international medical evacuation coverage of up to RM1 million.

Meanwhile, PCMC chief executive officer and board director, Stuart D Rowley said it is looking at a three to five per cent increase in patients through the collaboration with MAA Assurance.

“We have 300 beds and 132 units are available now. We are looking to a steady increase as we want to be able to manage the growth,” he said.

MAA Assurance is PCMC’s first local insurance partner.

He also said PCMC is in talks with other local insurance companies and hopes to see a good outcome.

Stuart also urged locals to look at the PCMC as any other medical centre in Klang Valley.

“Many people think our cost and services can only cater to the high-end group. But PCMC services are 95 per cent similarly cost effective as other medical centres in the Klang Valley,” he explained.

PCMC has invested and continues to invest in new technology that can help provide better clinical outcomes for patients undergoing treatment.

PCMC is owned by Petronas and managed by a consortium consisting VAMED, a leader in total healthcare management services and the international arm of the Medical University of Vienna. — Bernama

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