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:11/27/2015)... ... 27, 2015 , ... A team of Swiss doctors has released a report ... has just posted the findings on the website. Click here to read the ... 136 mesothelioma patients who were treated with chemotherapy followed by EPP surgery. Among the ...
(Date:11/27/2015)... ... 2015 , ... ProSidebar: Fashion is a set of 30 kinetic ... Fasion, video editors can easily add an informative sidebar to any FCPX production. ... presets featuring self-animating drop zones, lines, bars, and text with the ease of FCPX's ...
(Date:11/27/2015)... ... 27, 2015 , ... The moment you stop improving is ... fulfilling the needs of advisers and clients but going above and beyond to ... customer service. However, there's always room for improvement, which is why the entire ...
(Date:11/27/2015)... , ... November 27, 2015 , ... Avid collector, Andrew ... Arbor Michigan boxing style concert posters. This is one of Joplin's most famous and ... House at the University of Michigan in Ann Arbor. The According to Hawley, "It ...
(Date:11/26/2015)... (PRWEB) , ... November 26, 2015 , ... ... American Express Travel Representative. As a franchise owner, Somu now offers travelers, value ... cruise, destination wedding packages, private cruise sales, as well as, cabin upgrades and ...
Breaking Medicine News(10 mins):
(Date:11/27/2015)... , Niederlande, November 27, 2015 ... fotodynamischer Bremachlorin-Therapie bei fortgeschrittenem Krebs.   --> ... Bremachlorin-Therapie bei fortgeschrittenem Krebs.   --> ... Bremachlorin-Therapie bei fortgeschrittenem Krebs.   Clinical ... --> Clinical Cancer Research vom ...
(Date:11/26/2015)... , November 27, 2015 /PRNewswire/ ... --> Medical ... response system (PERS) market is ... 5 years with APAC being ... to see a high CAGR ...
(Date:11/26/2015)... 26, 2015 ... aanpak combineert immunotherapie met Bremachlorin-photodynamische therapie voor ... ) --> ... ) Uit ... Centrum (LUMC) blijkt ...
Breaking Medicine Technology: