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The international community continues to show interest in Indonesia's National Health Insurance (JKN) system. On Sept. 4, BPJS Kesehatan welcomed a delegation from Japan, comprising representatives from the Japanese health insurance body Kyukai Kenpo and the Japan International Cooperation Agency (JICA). BPJS Kesehatan's Director of Compliance and Inter-Institutional Relations, Mundiharno, expressed enthusiasm about sharing the experiences of managing the JKN Program.
Southeast Asia presents a substantial opportunity for bancassurance in unlocking significant value over the next four years on the back of a post-pandemic surge in demand for comprehensive, tailored insurance policies.
As Indonesia is poised to increasingly adopt automation and AI, it needs to take a balanced, careful approach to formulating a robot tax as part of a comprehensive strategy to tapping the benefits of advanced technologies toward their equitable distribution.
The Financial Services Authority (OJK) has suffered another legal setback against Kresna Life Insurance. This defeat took place at the Jakarta State Administrative High Court (PTUN) on June 14, where OJK's appeal to maintain the revocation of Kresna Life's license was overturned. Moving forward, OJK is now contemplating filing a cassation appeal, which could potentially result in the legal enforceability of the overturned license revocation of Kresna Life if they are unsuccessful.
