Page 55 - LIAM Annual Report 2021

AnnuAl RepoRt 2021 53

REPoRt oF thE managEmEnt committEE

ExclusivE intERviEws with BERnama and BFm Radio

In the last quarter of 2021, LIAM arranged two exclusive interviews with
BERNAMA news agency and BFM Radio station focusing on the topic, “Drivers
of Medical Costs and Medical Insurance Premium Inflation in Malaysia”. The
interviews aimed to address policyholders’ concerns on the escalating medical
insurance premiums over the past few years.

The exclusive interview with BERNAMA was organised on 29 November 2021 at
LIAM Boardroom in AICB Building, Kuala Lumpur. The industry was represented
by LIAM CEO, Mark O’Dell and attended by reporters from BERNAMA economic
desk, BERNAMA TV and BERNAMA Radio as well as representatives from MTA and
PIAM.

Meanwhile, the interview with BFM Radio station on the segment, health and
Living: Doctor in the House: Can Medical Insurance Remain Affordable? was aired
on Friday, 17 December 2021 at 4:00 pm.

The segment featured Mark O’Dell, along with Consultant Urologist Dr george
Lee and galen Centre for health & social Policy CEO Azrul Mohd Khalib.

The findings of the industry’s healthcare study conducted by Actuarial Partners,
which was completed in 2020, were also unveiled to the media. Other than
highlighting the drivers of the medical insurance premium/takaful contribution
inflation in Malaysia, the interviews also highlighted the industry’s moving
forward initiatives based on the findings of the study.