Teras vs Fleksi at a glance
| MediAsas Teras (standard) | MediAsas Fleksi (standard-plus) | |
|---|---|---|
| Annual limit | RM100,000 (RM150,000 from age 60) | RM300,000 |
| Lifetime limit | None | None |
| What you pay first | RM500 per disability (RM1,000 from age 60) | RM10,000 a year in network; RM15,000 out of network |
| Out-of-network hospitals | Extra 20% co-payment, capped at RM3,000 per disability | No co-payment beyond the deductible |
| Outpatient illness | Up to RM3,000 a year | Up to RM3,000 a year |
Figures are from Bank Negara’s pilot FAQ (July 2026) and may be revised before the national launch.
Who can join, and until what age
- Pilot: Malaysians aged 16 to 70. Permanent residents and foreign residents are expected to be eligible from the January 2027 launch.
- Cover continues to age 85, renewed yearly.
- From January 2027, insurers selling medical plans must offer Teras; Fleksi is optional.
Pre-existing conditions and premiums
Early announcements suggested pre-existing conditions might be covered, but Bank Negara’s pilot FAQ lists pre-existing conditions among its exclusions, with a seven-year moratorium before they are no longer looked back on. Treat it as excluding conditions you already have until the final terms are published.
Indicative premiums announced were around RM60 to RM550 a month depending on age, with the basic plan expected from about RM65 a month. Final prices will be confirmed before launch.
MediAsas or a regular medical card?
| MediAsas | Regular medical card | |
|---|---|---|
| Annual limit | RM100,000 to RM300,000 | Often RM1 million or more |
| Premium | Lower | Higher, varies by plan |
| Out-of-pocket | Deductible on every admission | Choose with or without deductible |
| Suits | People who can’t afford or get regular cover | People who want high limits and private hospital choice |
If you already have a medical card, don’t cancel it to wait for MediAsas. Its limits are much lower, and once you cancel, getting regular cover back can be harder. Some people may later switch within the same insurer; ask before making any change.