Lyndung | Community Sharing Platform for Medical Bills

Why do we need Lyndung?

As reported by Institute for Public Health 2020, about 43% of Malaysians are unable to afford any type of medical coverage. Lyndung is established to provide underprivileged Malaysians with an Islamic community sharing platform where they can share their medical bills with the community.

How many individuals are insured?

Only 22% of the population are covered by Personal Health Insurance

Reasons for not having
Personal Health Insurance:

43% cannot afford

What makes Lyndung invaluable?

eKYC

eKYC registration system for onboarding of new community member

No Agent

Low participation fee due to no middle agent involvement

Reputable Third-Party Administrative (TPA)

Hospitalisation including medical evaluation and claims audit are managed by reputable Third-Party Administrative (TPA) service provider with more than 200 hospitals under their network

Blockchain Technology

Coming soon

All transaction related to trust account are published in the public ledger via blockchain technology

Decentralised Decision

Coming soon

Members will have a say in deciding the future direction of Lyndung

How Lyndung works?

Lyndung is a Shariah-compliant community sharing approach to fund your medical bills. Here’s how Lyndung can serve the community

Registration

•

As a start, registration is open to individuals aged 18-40 without pre-existing illness

•

eKYC

•

Members pay

−

RM120 annual membership fee

−

RM10 monthly membership fee; and

−

RM100 Initial sharing contribution

As Member

•

Actual medical cost will be shared equally with all Members

•

Monthly sharing is capped at RM50 per month

•

Sharing Contribution will be top-up once it is 50% utilised

•

Sharing method:

Medical Cost: RM20,000
Total Members: 2,000
Shared Cost: RM10 per Member

Note:
RM10 will be deducted from the initial RM100 Initial Sharing Contribution made during registration

Renewal

•

RM120 membership fee renewal is at the end of every 1-year cycle for Annual Mode

•

RM10 at the end of every 1-month cycle for Monthly membership fee mode

Payment Mode (Membership)

Annual Payment

Minimum Payment

RM120 + RM0

Maximum Payment

RM120 + RM600

Monthly Payment

Minimum Payment

RM10 + RM0

Maximum Payment

RM10 + RM50

*First 60 days

*Day 61 to 180 onwards

*Day 181 onwards

*Subject to Member’s Benefits, Waiting Period and conditions stated in the Programme Guideline and Members Manual

Registration

•

As a start, registration is open to individuals aged 18-40 without pre-existing illness

•

eKYC

•

Members pay

−

RM120 annual membership fee

−

RM10 monthly membership fee; and

−

RM100 Initial sharing contribution

As Member

•

Actual medical cost will be shared equally with all Members

•

Monthly sharing is capped at RM50 per month

•

Sharing Contribution will be top-up once it is 50% utilised

•

Sharing method:

Medical Cost: RM20,000
Total Members: 2,000
Shared Cost: RM10 per Member

Note:
RM10 will be deducted from the initial RM100 Initial Sharing Contribution made during registration

Renewal

•

RM120 membership fee renewal is at the end of every 1-year cycle for Annual Mode

•

RM10 at the end of every 1-month cycle for Monthly membership fee mode

Payment Mode (Membership)

Annual Payment

Minimum Payment

RM120 + RM0

Maximum Payment

RM120 + RM600

Monthly Payment

Minimum Payment

RM10 + RM0

Maximum Payment

RM10 + RM50

*First 60 days

*Day 181 onwards

*Day 61 to 180 onwards

*Subject to Member’s Benefits, Waiting Period and conditions stated in the Programme Guideline and Members Manual

Share Your Medical Expenses with the Community

Affordable & Inclusive Solution for Everyone

Why do we need Lyndung?

As reported by Institute for Public Health 2020, about 43% of Malaysians are unable to afford any type of medical coverage. Lyndung is established to provide underprivileged Malaysians with an Islamic community sharing platform where they can share their medical bills with the community.

How many individuals are insured?

Reasons for not having Personal Health Insurance:

How many individuals are insured?

Reasons for not having Personal Health Insurance:

What makes Lyndung invaluable?

eKYC

eKYC registration system for onboarding of new community member

No Agent

Low participation fee due to no middle agent involvement

Reputable Third-Party Administrative (TPA)

Hospitalisation including medical evaluation and claims audit are managed by reputable Third-Party Administrative (TPA) service provider with more than 200 hospitals under their network

Blockchain Technology

All transaction related to trust account are published in the public ledger via blockchain technology

Decentralised Decision

Members will have a say in deciding the future direction of Lyndung

How Lyndung works?

Lyndung is a Shariah-compliant community sharing approach to fund your medical bills. Here’s how Lyndung can serve the community

Registration

As Member

Renewal

Payment Mode (Membership)

*Up to RM20,000 accidental medical bills and RM5,000 khairat kematian

*Up to RM1 million medical bills excluding treatment for Specific Illnesses

*Up to RM1 million medical bills including accidental and RM5,000 khairat kematian

*First 60 days

*Day 61 to 180 onwards

*Day 181 onwards

Registration

As Member

Renewal

Payment Mode (Membership)

*Up to RM20,000 accidental medical bills and RM5,000 khairat kematian

*First 60 days

*Up to RM1 million medical bills excluding treatment for Specific Illnesses

*Day 181 onwards

*Up to RM1 million medical bills including accidental and RM5,000 khairat kematian

*Day 61 to 180 onwards

Sign Up Now!

Be part of Lyndung Community in just 10 minutes

Reasons for not having
Personal Health Insurance:

Up to RM20,000 accidental medical bills and RM5,000 khairat kematian*

Up to RM1 million medical bills including accidental and RM5,000 khairat kematian*

Up to RM20,000 accidental medical bills and RM5,000 khairat kematian*

Up to RM1 million medical bills including accidental and RM5,000 khairat kematian*