Navigation Links
Globalsurance Review Reveals Premium Inflation Rates of Medical Insurance Providers

(PRWEB) September 04, 2013

As part of Globalsurance's 2013 International Private Medical Insurance Review, which was released earlier this week, the company has revealed how several insurers have fared when it comes to inflation rates in medical insurance premiums over the last 5 years.

In the review, Globalsurance examined 8 insurers – Aetna Global Benefits, Allianz WorldWide Care, AXA PPP, Bupa International, Globality Health, IHI Danmark/IHI Bupa, Interglobal, and William Russell.

These 8 insurers provided data for 10 countries – Brazil, China, Dubai, Hong Kong, Indonesia, Kenya, Philippines, Singapore, Thailand, and the UK. 7,680 data points were used in the review to determine how each insurer performed.

The insurer with the lowest average inflation rates over the past 5 years was Allianz Worldwide Care with an average rate of 7.6%. One of the main reasons for Allianz's performance is their regionally specific premium adjustments, with results ranging as low as 0.4% in Kenya and up to 17.6% in Brazil.

Interglobal had the lowest average inflation rate for 2013 for all 10 countries at 1.6%, a significant departure from their last two years, which showed average increases above 10%. The large increases of 2011 and 2012 enabled the company to keep their premiums stable in 2013, though Globalsurance are curious to see if these low inflation levels can be maintained in 2014.

The company with the highest average inflation levels in 2013 was Globality Health with 16.3%. Globality Health also had the highest average inflation levels for the last 5 years at 14.9%. However, Globalsurance experts are not surprised to see these numbers as newer insurers often need to make large scale adjustments in their first few years acclimatizing to specific regions.

Globality Health has also recently restructured their plans with the new 'World' plans, which explain the high inflation levels. However, Globalsurance experts view this change as a positive for the company in the long run. This is also the first year that Globality Health has made pricing adjustments according to specific zones, an indication that their inflation levels are likely to stabilize in the future.

The 2013 Globalsurance International Private Medical Insurance Review contains a more detailed analysis of each insurer, each of the 10 countries, and the industry as a whole. The full review is available for free at

Read the full story at

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

Related medicine news :

1. Globalsurance Releases 2013 International Private Medical Insurance Review
2. GlobalSurance Launches Redesigned Health Insurance Website For Its Clients
3. GlobalSurance Conducts Survey of Major Insurers on Breast Cancer Testing Policies
4. IMG Add Moratorium Option, Increasing Likelihood of Pre-existing Conditions Cover for Globalsurance Clients
5. Globalsurance Clients with InterGlobal Receive Extra Protection via Red24 as Global Security Concerns Rise
6. Globalsurance Reports 18% Rise in Hong Kong Private Medical Costs
7. "Cure Hemorrhoids in 48 Hours" Review Exposes Holly Hayden's Efficient Hemorrhoids Miracle Treatment
8. How to Lose Weight after Having a Baby
9. “Lose That Baby Weight Program” Teaches People How to Balance Their Female Hormones – Health Review Center
10. Turbulence Training: Review Examining Craig Ballantyne’s 2.0 Workout Program Released
11. Lit Review to include bibliography section as a part of its services
Post Your Comments:
(Date:10/13/2015)... ... October 13, 2015 , ... ... private messaging application, announced today a significant contract that will provide its award-winning ... plans to build on the growing success of its Relay program, IBX Wire™, ...
(Date:10/13/2015)... ... 13, 2015 , ... e-con Systems Inc., a leading embedded design services company ... industry’s first RGB-IR pixel format camera with a USB 3.0 interface and e-CAM40_CUMI4682_MOD, ... of UVC USB 3.0 cameras, is based on the 1/3-inch OV4682 - a 4-megapixel ...
(Date:10/13/2015)... , ... October 13, 2015 , ... A child without ... why SmileCareClub , the leading remote invisible aligner system, has joined with ... otherwise go without it. For each aligner treatment plan purchased, SmileCareClub will donate one ...
(Date:10/13/2015)... (PRWEB) , ... October 13, 2015 , ... Protein is ... the body, including muscle, bone, and blood. But how much protein does the average ... than it might seem, according to the October 2015 issue of Harvard Men's ...
(Date:10/13/2015)... ... October 13, 2015 , ... ... targets the unique health needs of new moms. Postnatal Omega-3, which has ... ), utilizes Nordic Naturals’ exclusive, new, ultra-concentrated omega-3 oil. This breakthrough ...
Breaking Medicine News(10 mins):
(Date:10/13/2015)... LA JOLLA, Calif. , Oct. 13, 2015 /PRNewswire/ ... to revolutionize the practice of medicine, announced today the ... powered clinical research project that has the potential to ... San Diego, CA , at HLI,s ... open in 2016 in other US and International cities. ...
(Date:10/13/2015)... PARK, Calif. , Oct. 13, 2015 /PRNewswire/ ... of up to $100 million over five years ... Diseases (NIAID), part of the National Institutes of ... or treat acute or delayed effects of radiation ... , a division of SRI International will provide ...
(Date:10/13/2015)... MILFORD, Mass. , Oct. 13, 2015  SeraCare ... diagnostics manufacturers, announced today that the company,s precision medicine ... growing line of reference materials for next-generation sequencing (NGS)-based ... Mutation Mix-I (AF1-10) contains the same mixture of mutations ... the previously launched AF20 mix , but is ...
Breaking Medicine Technology: