Healthcare Costs in Indonesia More Expensive than Medical Inflation in Asia

The translation of the given text from Bahasa to English while preserving any HTML tags is: "Healthcare Costs in Indonesia More Expensive than Medical Inflation in Asia."

Healthcare Costs in Indonesia More Expensive than Medical Inflation in Asia

Dream - PT Prudential Life Assurance (Prudential Indonesia) and PT Prudential Sharia Life Assurance (Prudential Syariah) officially introduce PRUPriority Hospitals service. This innovation is presented in conjunction with Prudential Indonesia's 28th anniversary in Indonesia.

PRUPriority Hospitals are present as a responsive response to the dynamics of society's needs, market conditions, and healthcare costs from time to time.

Quoting the survey report from Mercer Marsh Benefits, Prudential reveals that society is currently facing the challenge of medical cost inflation. From the report, it is known that healthcare costs in Indonesia are predicted to continue increasing up to 13.6 percent throughout the year 2023.

The prediction even exceeds the projection of medical inflation in Asia by 11.5 percent. The high increase in healthcare costs also surpasses Indonesia's financial inflation rate in 2022, which is 5.5 percent.

The high cost of healthcare is also found in the findings of the Indonesian Life Insurance Association (AAJI). The insurance business organization revealed a significant increase in health insurance claim payments in the first half of 2023, up to 35.3 percent.

AAJI reveals another challenge faced by the Indonesian community is the absence of a national policy regarding maximum medical service tariffs. This condition encourages the potential increase in treatment costs and also results in potential differences in treatment tariffs.

The following is the translation of the 'Bahasa' text to 'English' while preserving any html tags: "The PRUPriority Hospitals program has established a strategic partnership with 142 hospitals and healthcare facilities spread across 20 provinces. The strategic partnership will continue to be expanded evenly at the national level. This partnership takes the form of an agreement regarding the estimated cost of treatment that accelerates the verification of medical treatment carried out for Prudential customers. The partnership that has been established is an initial step, and Prudential will continue to discuss with various other hospitals to further facilitate access for customers."

"Prudential presents PRUPriority Hospitals innovation as part of our commitment to maintain customer trust, while supporting the government's efforts to emphasize transparency, accountability, and efficiency in healthcare services, especially in relation to health insurance claim verification process."

The text translates to: "words of President Director of Prudential Indonesia, Michellina Laksmi Triwardhany in Jakarta, Tuesday, 7 November 2023."

PRUPriority Hospitals are present to provide superior and comprehensive protection, namely by providing added value to customers in the form of effectiveness in the claims approval process, transparency in estimating treatment costs in accordance with clinical pathways in hospitals, as well as improving the quality of evidence-based healthcare services.

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