Navigation Links
Globalsurance Releases 2013 International Private Medical Insurance Review

(PRWEB) September 03, 2013

Globalsurance has recently released the results of the company's 2013 International Private Medical Insurance Review, a study of medical insurance premium inflation trends in the IMPI industry.

With the overwhelmingly positive reception Globalsurance received in 2012 for their first IMPI Review, the company has decided to conduct the study on an annual basis into the future. Globalsurance has gathered data from leading international private health insurance companies over the last 5 years – 7,680 points of data in total – and has found that the average regional inflation rates for all areas and insurers included in the report were 10.2% per year for Southeast Asia, 9.3% per year for the Middle East and 9.5% per year for the rest of the world.

For the study, Globalsurance gathered IMPI data from eight insurers – Bupa International, Aetna Global Benefits, William Russell, InterGlobal, AXA PPP, Allianz Worldwide Care, IHI Danmark/IHI Bupa and Globality Health. The eight insurers provided data for 10 countries that the study focuses on – Hong Kong, Singapore, China, Indonesia, Thailand, Philippines, Dubai, UK, Kenya and Brazil.

The Globalsurance study shows that the country with the highest levels of IPMI premium inflation over the last five years is Hong Kong with a 12.2% yearly average, and the lowest is Kenya with 6.6%. Over the last 12 months however, the highest level of inflation occurred in Singapore at 11.3%, and the lowest level occurred in Dubai at 7.3%, well below their 9.3% five-year average.

Despite some extreme volatility being shown in previous years for IPMI, the last two years have shown more stable downward trends.

Globalsurance experts believe these downward trends are due to 1) the rapid growth of IPMI over the past five years, which has given insurers access to better statistical results and the ability to accurately adjust prices accordingly in each region, 2) The overall slowing down of the global economy – particularly the China and Asia economies, and 3) Intensifying price competition brought on by an increase of local insurers offering more comprehensive options for worldwide cover.

The full study contains a more detailed analysis of each country, each insurance company, and the industry as a whole. The study is available for free on Globalsurance's website at

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. GlobalSurance Launches Redesigned Health Insurance Website For Its Clients
2. GlobalSurance Conducts Survey of Major Insurers on Breast Cancer Testing Policies
3. IMG Add Moratorium Option, Increasing Likelihood of Pre-existing Conditions Cover for Globalsurance Clients
4. Globalsurance Clients with InterGlobal Receive Extra Protection via Red24 as Global Security Concerns Rise
5. Globalsurance Reports 18% Rise in Hong Kong Private Medical Costs
6. RI Auto Accident Lawyer Releases New Informational Graphic on the Dangers of Texting and Driving
7. Hi-Power Cycles Releases Revolutionary New Folding Solar Panels that Makes Solar Powered Commuting a Reality
8. Nadine Lajoie Re-Releases Book, #1 Best-Seller, “Win the Race of Life”
9. Jesse Anson Dawn Releases New Guide to Healthy Living
10. Spectrum Surgical Releases Flexible Bone Reamer Cleaning Brushes
11. RI Injury Law Firm Releases New Informational Graphic About Bus Accidents
Post Your Comments:
(Date:10/13/2017)... ... ... PurhealthRX , a leading Health and Nutrition Company, is announcing the ... spectrum CBD oil will revolutionize the rapidly growing CBD market by reducing the amount ... into liquid products, while reducing costs to end users. , The team of researchers ...
(Date:10/13/2017)... OBISPO, Calif. (PRWEB) , ... October 13, 2017 , ... ... or dementia. However, many long-term care insurance companies have a waiver for care if ... the 90-day elimination period, when the family pays for care, is often waived, so ...
(Date:10/13/2017)... ... , ... Yisrayl Hawkins, Pastor and Overseer at The House of Yahweh, has ... least understood books in the Holy Scriptures, Revelation. The Book of Revelation paints a ... centuries. Many have tossed it off as mere rubbish, but Yisrayl Hawkins says that ...
(Date:10/13/2017)... ... ... “America On The Brink”: the Christian history of the United States and the loss ... author, William Nowers. Captain Nowers and his wife, Millie, have six children, ten ... the Navy. Following his career as a naval aviator and carrier pilot, he ...
(Date:10/12/2017)... ... 12, 2017 , ... The company has developed a suite ... regulatory authorities worldwide. From Children’s to Adults 50+, every formula has been developed ... , These products are also: Gluten Free, Non-GMO, Vegan, Soy Free, Non-Dairy*, ...
Breaking Medicine News(10 mins):
(Date:10/4/2017)... , Oct. 4, 2017  According to the Centers for Disease ... end of October . PhysicianOne Urgent Care is helping communities across ... Westchester, NY , by offering no-cost* flu shots through the end ... mandated by certain health insurance regulations. ... The best time to get a flu shot is by the end ...
(Date:10/2/2017)... 2017 Halo Labs announces the European launch of their ... HORIZON at MIBio 2017 in Cambridge, U.K ... matter in biopharmaceutical samples with unprecedented speed and sensitivity while using ... Backgrounded Membrane Imaging. ... subvisible particle analysis system ...
(Date:9/27/2017)... NEW YORK , Sept. 27, 2017  DarioHealth Corp. (NASDAQ: DRIO), ... solutions, today announced that its MyDario product is expected to appear on ... for when The Dr. Oz Show airs in your area: ... The nine-time Emmy award-winning, The Dr. ... ...
Breaking Medicine Technology: