JAKARTA - The weakening of the rupiah exchange rate recently has become one of the factors highlighted by various sectors, not least the health insurance industry.
Technical and Operation Director of PT Asuransi Astra Buana (Asuransi Astra) Mulia K.B. Siregar said that the weakening of the rupiah has the potential to increase health service costs, especially in imported components such as medicines, health equipment to supporting technology for diagnosis and treatment.
"Well, we do not deny the possibility that this health insurance claim will rise because many medical equipment and medicines are still imported," he said when met by reporters after the Astra Insurance 2026 Media Conference in Jakarta, Wednesday, June 3.
In addition, the burden of current health insurance claims is also faced with challenges due to medical inflation which is still quite high. With this condition, he assessed, the health insurance industry is one of the businesses with the highest claim rates.
Along with this, Mulia explained, his party will implement a number of strategic plans to manage claim risks in the future.
Some of them are by adjusting the premium price when extending the policy based on the performance of customer claims and implementing a co-payment scheme to influence the behavior of using health services.
In addition, they are also considering arranging hospital networks according to the level of service costs. This step is considered to encourage participants to use health facilities more efficiently in terms of costs, so it will help control insurance claims.
Although still facing a number of challenges, Astra Insurance is optimistic that the health line still has great potential. One of the driving opportunities is the high need for health insurance for employee benefit programs.
"There are many instruments that we can use to adjust pricing, so that the claim at the end is approximately what we expected," he said.
It is known that health insurance at Astra Insurance is still one of the main contributors with a contribution of around 20 percent to 22 percent.
Meanwhile, other insurance lines also supported the company's performance with the largest contribution still held by the motor vehicle segment with a share of 35 percent and commercial which reached around 42 percent.
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