NO SERVICE TAX ON PRIVATE HOSPITALS
NEWS ON PRIVATE HOSPITALS
Finance Minister Lim Guan Eng says no service tax so the private hospitals can lower treatment cost
THE Federal Government chose not to impose service tax on private hospitals so they could provide affordable treatment, said Finance Minister Lim Guan Eng.
"The previous government imposed six per cent GST... we didn't impose service tax because we want to help those who need to seek treatment.
"We lose billions there, so we hope this would help to reduce the cost of private health care," he told reporters after the launch of three new services at Mount Miriam Cancer Hospital in George Town, Penang today, Saturday 28 September 2019.
Also present at the event were Penang Agriculture, Agro-based Industries, Rural Development and Health Committee Chairman Dr Afif Bahardin, Bukit Bendera member of parliament Wong Hon Wai and Mount Miriam chief executive officer Joan Lim-Choong.
Meanwhile, Lim said he had noted to Dr Afif to arrange a meeting for him with private hospital representatives in Penang to discuss their forward planning in regard to the medical tourism sector which incidentally under the purview of the Finance Ministry.
To this end, he hoped private hospitals could reduce their cost to encourage more health tourists to seek treatment in the country.
Doing so would increase the volume of foreign patients, and more profitable, particularly in the face of intense competition from neighbouring countries which were also promoting their own health tourism, he said.
Nevertheless, Lim Guan Eng said, despite the competition, Malaysia was still ahead "due to quality of our professional servicing, our affordability and nice place to recuperate".
by Fauzi Kadir ° Permadu Malaysia
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