Navigation Links
Globalsurance Reveals Singapore Medical Insurance Inflation Rates for 2013
Date:9/10/2013

(PRWEB) September 11, 2013

Earlier this month Globalsurance revealed the insurance premium inflation rates for several insurers in Singapore as a part of their second annual International Private Medical Insurance Review.

In the review, 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.

Globalsurance looked at the insurers' data for Singapore and nine other countries - Brazil, China, Dubai, Hong Kong, Indonesia, Kenya, Philippines, Thailand, and the UK.

For all the insurers Globalsurance examined, the average premiums inflation rate over the last twelve months was 11.3% in Singapore, 8.3% for all ten countries, and 11.0% for high-cost Asian countries (Hong Kong, China, and Singapore). The insurer with the lowest premiums increase in Singapore for 2013 was InterGlobal at 1.6%, and the insurer with the highest increase was Globality Health at 34.1%.

Over the last five years, the average yearly inflation rate was 11.6% in Singapore, the same as the average increase for high-cost Asian countries, and 9.8% for all ten countries in the study. The insurers with the lowest and highest average yearly inflation rates in Singapore were once again InterGlobal and Globality Health, with 9.1% and 20.9% respectively.

Of the ten regions included in the study, Singapore displayed the highest rate of inflation for the last twelve months and the most significant deviations over the last five years. Premium inflation in Singapore dropped from 16.7% in 2009 down to a significantly lower 7.3% in 2010. Rates then increased back again in 2011 to 12.2% and have remained relatively steady at 11.6% for the last two years.

The 2013 Globalsurance International Private Medical Insurance Review contains a more detailed analysis of insurance premium inflation in Singapore and the other countries in the study, as well as a review of each of the eight insurers and the industry as a whole. The full review is available for free at http://www.globalsurance.com/blog/the-globalsurance-international-private-medical-insurance-review-2013-677820.html.

Read the full story at http://www.prweb.com/releases/Singapore-premium-study/medical-insurance/prweb11106741.htm.


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

Related medicine news :

1. Globalsurance Reveals 2013 Medical Insurance Inflation Rates in Hong Kong
2. Globalsurance Review Reveals Premium Inflation Rates of Medical Insurance Providers
3. Globalsurance Releases 2013 International Private Medical Insurance Review
4. GlobalSurance Launches Redesigned Health Insurance Website For Its Clients
5. GlobalSurance Conducts Survey of Major Insurers on Breast Cancer Testing Policies
6. IMG Add Moratorium Option, Increasing Likelihood of Pre-existing Conditions Cover for Globalsurance Clients
7. Globalsurance Clients with InterGlobal Receive Extra Protection via Red24 as Global Security Concerns Rise
8. Globalsurance Reports 18% Rise in Hong Kong Private Medical Costs
9. Pregnancy Miracle Review Reveals Effective Infertility Treatment
10. Four in 10 Adults Have Never Heard of Sepsis, One of the Deadliest Killers in the U.S., New Sepsis Alliance Survey Reveals
11. Harvard Business Publishing Survey Reveals Striking Lack of Confidence in Leadership Capability of Global Organizations
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... , ... Talented host, actor Rob Lowe, is introducing a ... episode of "Success Files," which is an award-winning educational program broadcasted on PBS ... in-depth with passion and integrity. , Sciatica occurs when the sciatic nerve in ...
(Date:10/12/2017)... ... October 12, 2017 , ... First Healthcare Compliance (FHC), ... will showcase a range of technology and learning solutions at the 68th Annual ... Expo to be held October 14–18, 2017 at the Mandalay Bay Resort in ...
(Date:10/12/2017)... ... October 12, 2017 , ... IsoComforter, Inc. ( https://isocomforter.com ... introduction of an innovative new design of the shoulder pad. The shoulder pad ... comfort while controlling your pain while using cold therapy. By utilizing ice and water ...
(Date:10/12/2017)... ... October 12, 2017 , ... Dr. Parsa Mohebi, the ... medical article to the newly revamped Cosmetic Town journal section, featuring ... transplant procedure known as Follicular Unit Extraction (FUE). , Dr. Mohebi ...
(Date:10/12/2017)... ... 12, 2017 , ... Women-owned and Grand Rapids-based workplace wellness ... in Wellness® by Best and Brightest. OnSite Wellness will be honored at the ... 7:30 a.m. to 2 p.m. at the Henry Autograph Collection Hotel, located at ...
Breaking Medicine News(10 mins):
(Date:10/4/2017)... -- According to the Centers for Disease Control and Prevention (CDC), influenza ... Care is helping communities across Massachusetts , ... no-cost* flu shots through the end of the month. *Some ... ... flu shot is by the end of October, according to the Centers ...
(Date:10/2/2017)... , Oct. 2, 2017  Eli Lilly and Company ... results for the third quarter of 2017 on Tuesday, ... call on that day with the investment community and ... The conference call will begin at 9 a.m. ... access a live webcast of the conference call through ...
(Date:10/2/2017)... 2, 2017 The Rebound mobile app is poised ... reverse the tide of prescription drug addiction. The app empowers ... intake and stepping down their dosage in a safe, controlled ... December 2017; the first 100,000 people to sign up will ... http://www.rebound-solution.com/ ...
Breaking Medicine Technology: