Navigation Links
Globalsurance Reveals 2013 Medical Insurance Inflation Rates in Hong Kong
Date:9/5/2013

(PRWEB) September 06, 2013

As part of Globalsurance's 2013 International Private Medical Insurance Review, the company has recently revealed the average premium inflation rates for several insurers in Hong Kong.

In the review, Globalsurance examined insurer data for Hong Kong and nine other countries - Brazil, China, Dubai, Indonesia, Kenya, Philippines, Singapore, Thailand, and the UK. Approximately 7,680 points of data were gathered from eight insurers – Aetna Global Benefits, Allianz WorldWide Care, AXA PPP, Bupa International, Globality Health, IHI Danmark/IHI Bupa, Interglobal, and William Russell.

For the eight insurers Globalsurance examined in the study, the last twelve months saw an average of 11.1% inflation of premiums in Hong Kong, 11.0% for the high-cost Asian countries in the study (Singapore, China, and Hong Kong), and 8.3% for all ten countries. The insurer with the highest premiums increase in Hong Kong over the last twelve months was Globality Health at 34.1%, and the insurer with the lowest increase was InterGlobal at 1.6%.

The yearly average inflation rate in Hong Kong for the last five years was 12.55%, in comparison to the 11.5% average increase for the high cost Asian countries, and 9.8% for all ten countries. The insurer in Hong Kong with the highest average yearly inflation rate was, again, Globality Health at 20.9%, and the insurer with the lowest average was Allianz Worldwide Care with 8.2%.

Out of the ten countries in the study, Hong Kong displayed the highest average inflation levels over the last five years. However, Hong Kong is also the only region that has had a steady downward trend; all other regions in the study displayed more unpredictability and variance each year.

The 2013 Globalsurance International Private Medical Insurance Review contains a more detailed analysis of insurance inflation in Hong Kong and the other countries in the study, as well as a review of each of the eight insurers and the the industry as a whole. The full review is available for free at http://www.globalsurance.com/blog.

Read the full story at http://www.prweb.com/releases/medical-insurance-review/hong-kong-inflation/prweb11093418.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Globalsurance Reports 18% Rise in Hong Kong Private Medical Costs
2. Globalsurance Clients with InterGlobal Receive Extra Protection via Red24 as Global Security Concerns Rise
3. IMG Add Moratorium Option, Increasing Likelihood of Pre-existing Conditions Cover for Globalsurance Clients
4. GlobalSurance Conducts Survey of Major Insurers on Breast Cancer Testing Policies
5. GlobalSurance Launches Redesigned Health Insurance Website For Its Clients
6. Globalsurance Releases 2013 International Private Medical Insurance Review
7. Globalsurance Review Reveals Premium Inflation Rates of Medical Insurance Providers
8. Study reveals how cancer drug causes diabetic-like state
9. Study reveals major funding shortfall and high death rates for emergency laparotomy
10. A closer look at PARP-1 reveals potential new drug targets
11. MyTownInsurance.com Reveals How Project CAP and Insurance Agoragate will Take Away Market Share from the Captive Insurance Carriers and give it back to the Independents
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... , ... October 13, 2017 , ... ... serving communities in the greater Dallas, Miami, and Raleigh regions, is organizing an ... to overcome a rare and deadly chromosome abnormality. , After struggling since birth ...
(Date:10/13/2017)... IL (PRWEB) , ... October 13, 2017 , ... ... which established the certification process to promote standards of excellence for the field ... Symposium, scheduled for March 22 – 25, 2018 in Orlando, Florida at the ...
(Date:10/13/2017)... LUIS OBISPO, Calif. (PRWEB) , ... October 13, 2017 , ... ... Alzheimer’s or dementia. However, many long-term care insurance companies have a waiver for care ... is the 90-day elimination period, when the family pays for care, is often waived, ...
(Date:10/13/2017)... ... ... Talented host, actor Rob Lowe, is introducing a segment ... of "Success Files," which is an award-winning educational program broadcasted on PBS Member ... with passion and integrity. , Sciatica occurs when the sciatic nerve in the ...
(Date:10/12/2017)... ... October 12, 2017 , ... CitiDent ... sleep apnea using cutting-edge Oventus O2Vent technology. As many as 18 million ... by frequent cessation in breathing. Oral appliances can offer significant relief to about ...
Breaking Medicine News(10 mins):
(Date:9/28/2017)... , Sept. 28, 2017 Cohen Veterans ... advance the use of wearable and home sensors for ... disorders. Early Signal Foundation, a nonprofit organization focused on ... will provide an affordable analytical system to record and ... ...
(Date:9/23/2017)... HORSHAM, Pa. , Sept. 22, 2017 ... received a complete response letter from the U.S. Food ... (BLA) seeking approval of sirukumab for the treatment of ... response letter indicates additional clinical data are needed to ... of moderately to severely active RA. ...
(Date:9/18/2017)... ALLENTOWN , Pa. and KALAMAZOO, Mich. ... Allentown, Penn. , and OptiMed Specialty Pharmacy ... a business partnership to offer a strategic hub service ... PMD Healthcare,s highly sought-after personal spirometer, Spiro PD 2.0, ... A spirometer is a medical device used ...
Breaking Medicine Technology: