Medical Saving Plan

It has been a long time since we heard about the National Healthcare Financing scheme due to be launch by the Malaysian Government. I am still of the opinion that Medical Saving Plan is the best alternative for Malaysia. It provides long term security for the public. The system controls cost by facilitating contributors using preventive aspect of medicine to say healthy and therefore an increase in his savings. Choosing Medical Saving Plan is also a tool to prevent doctors from practicing preventive medicine in order to avoid medico legal issues. Check these out. 'Medical Savings Accounts : The Singapore Experience'; www.ncpa.org/studies/s203/s203.html. 'Medical Savings Accounts in South Africa'; www.ncpa.org/studies/s234/s234.html

Being a country whereby the majority of its citizens are muslims, it is good to incorporate elements of zakat in the system. God willing, the system should be the chosen plan in dealing with healthcare financing for the country.