Health Minister Datuk Seri Dr S. Subramaniam is either ignorant or lying to claim that healthcare costs will not be impacted by the implementation of the Goods and Services Tax (GST), the DAP said today.
DAP publicity chief Tony Pua (pic) commented on reports quoting Subramaniam saying healthcare costs would not be impacted when the GST is implemented in 2015.
On Tuesday, Subramaniam had said healthcare was generally GST-exempt and that the ministry would be carrying out an in-depth study on the GST structure before issuing a detailed list of services and health products which are exempted from the GST for public consumption.
Subramaniam had also urged all quarters to "not make speculation on this to avoid confusing the people."
Rebutting the minister, Pua said: "It is Subramaniam who should stop making misleading remarks 'to avoid confusing the people' and not otherwise. The Health Minister and many other Barisan Nasional leaders are obviously either ignorant about what is meant by GST-exempt, or choose not to be truthful about it."
Pua said, the government's GST website (http://gst.customs.gov.my) has explained "GST-exempt supplies" very clearly. In his explanation, a GST-exempt product or service only meant that no GST will be imposed by the provider to the consumer.
"However, provider of these products and services such as hospitals will still be required to pay GST for all products and services it purchases from its suppliers."
He cited an example of a hospital purchasing a drug from a medical supplier for RM50, and then sell it to patients at RM55 for a 10 percent profit margin.
"After the implementation of the GST, the hospital will have to pay the medical supplier RM50 plus six percent GST, amounting to RM3. The cost to the hospital would increase to RM53.
"If the hospital was to maintain the price of the drug to the consumer, then the hospital will only be making a profit of RM2 or a 3.8 percent profit margin," Pua said.
He said Subramaniam "must be day-dreaming to believe that Malaysian hospitals will be so magnanimous to absorb all the GST-induced increase in cost and continue to provide its products and services to the public at existing prices, and suffering a severe squeeze in profitability."
Continuing with the example, the Petaling Jaya Utara MP said assuming that the hospitals were 'extremely kind' and decided to only pass on the increase in cost in absolute terms to the patient, then the price of the drug sold would increase from the previous RM55 to RM58.
Pua said the RM3 increase is the amount of GST paid by the hospital to the Government, hence the hospital is only reclaiming its actual increase in cost.
"At RM58, that will already result in a 5.5 percent increase in healthcare cost to the consumer."
Pua said, this was just a conservative estimate and in the end the final prices might be even higher with markup by the hospital or medical businesses.
Given the example, Pua said "it is a practical impossibility" for the Government to control post-GST prices of goods and services in hospitals.
"Based on the explanations given by the Finance Ministry on 'GST Exempt Supplies', it is clear that our BN ministers either have an incompetent understanding on the impact of GST or they chose to be untruthful about its negative price impact."
Pua also said Pakatan Rakyat will continue to oppose the implementation of the GST based on the fact that the BN government has not been able to plug billions of ringgit in leakages, stop corruption and end cronyism in its administration.
Astro Awani
Wed Nov 06 2013
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM
Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024
For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
King Charles' coronation cost GBP 71mil, govt accounts show
The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Couple and associate charged with trafficking 51.9 kg of meth
A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
PDRM to consult AGC in completing Teoh Beng Hock investigation
The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Thai court rejects petition over ex-PM Thaksin's political influence
Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Abidin takes oath of office as Sungai Bakap assemblyman
The State Assemblyman for Sungai Bakap, Abidin Ismail, was sworn in today at the State Assembly building, Lebuh Light.
UPNM cadet officer charged with injuring junior, stomping on him with spike boots
A cadet officer at UPNM pleaded not guilty to a charge of injuring his junior by stomping on the victim's stomach with spike boots.
How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled
The indictment was unsealed on Nov. 20, prompting a $27 billion plunge in Adani Group companies' market value.
Elon Musk blasts Australia's planned ban on social media for children
Several countries have already vowed to curb social media use by children through legislation, but Australia's policy could become one of the most stringent.