BUSINESS

CTF ELIGIBILITY BROADENS TO ASYMPTOMATIC INDIVIDUAL OR GROUP POLICY HOLDERS

23/12/2020 06:48 PM

KUALA LUMPUR, Dec 23  -- The insurance and takaful industry has broaden the eligibility criteria for the COVID-19 Test Fund (CTF) to include all asymptomatic individual or group of medical and health insurance/takaful (MHIT) policy or certificate holders in the country.

In a joint statement today, the Life Insurance Association of Malaysia (LIAM), General Insurance Association of Malaysia and Malaysian Takaful Association (MTA) said MHIT policy or certificate holders who were asymptomatic are now eligible to claim from the CTF for the COVID-19 test performed at any authorised labs or medical facilities registered with the Ministry of Health (MoH).

“The CTF reimbursement is limited to one test per policy or certificate holder and the reimbursement period is valid until June 30, 2021 or earlier, if the fund is fully utilised,” it said.

LIAM president  Loh Guat Lan said by liberalising the criteria, more asymptomatic individuals would come forward to perform the test in helping to curb the spread of the virus.

“We believe this move would help encourage more people who have no symptoms but may have reasons to go for the test, while helping to protect the vulnerable people and elderly from being exposed to the asymptomatic patients.

“We are also subsidising the COVID-19 test for all hospital admissions,” she said.

Meanwhile, PIAM chairman Antony Lee urged policyholders to take advantage of the expansion criteria as more than 70 per cent of cases in Malaysia were asymptomatic or pre-symptomatic as stated by the MoH.

“By early screening for detection and prevention, policyholders can help reduce the risk of disease spread,” he added.

For further information on the CTF, visit www.MyCTF.my or call MyCTF Hotline number at 15500/1-300-22-11-88.

-- BERNAMA

 

 


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