Navigation Links
Pacific Prime Clients with Allianz Seeing Modest Increase in Health Insurance Premiums
Date:11/13/2013

(PRWEB) November 13, 2013

Pacific Prime Clients with Allianz Worldwide Care are seeing only a modest increase in their health insurance premiums as the international insurer has recently made its annual premium adjustments.

This year, the average rate of premium inflation for Allianz's international health care plans was 7.4%, which is well below the industry average of 10%.

According to the Globalsurance International Insurance Review 2013, an extensive study of medical insurance inflation, over the past five years, Allianz has had an average inflation rate of 7.6%, the lowest average inflation rate of all insurers considered in the study.

Allianz Worldwide Care is one of the few insurance companies that has been adjusting premiums according to currency fluctuation. As of November 1st, 2013, premiums written in US Dollars are being calculated using an exchange rate of US $1.35 against the Euro, not US $1.40, and the international healthcare plans in USD have increased by an average of only 3.5%.

The still-recent global economic crisis has caused a higher fluctuation of the US dollar in recent years. As a result, Allianz has reduced the benefit limits and deductible amounts in all policies where benefit limits are stated in USD. The Silver Outpatient plan, for example, has dropped from US $12,700 to US $12,150 while Club Maternity has been reduced from US $7,100 to US $6,750.

The benefit and deductible amounts in sterling (GBP) and Swiss franc (CHF) remain the same as these amounts are already in line with current market rates.

For Allianz group plans, the inflation rate was 7.5% for premiums written in GBP and EUR, but only 3.6% for those in USD. For Zone M (Libya), premiums increased by 4.69% for GBP and EUR and 1.00% for USD.

To read more about the recent premium adjustments from Allianz Worldwide Care, visit http://www.pacificprime.com/resources/news/2013/11/13/allianz-premiums-adjustment/

Read the full story at http://www.prweb.com/releases/allianz-health-insurance/premium-adjustment/prweb11328886.htm.


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

Related medicine news :

1. 2012 Pacific Global Health Conference
2. Sean Sullivan San Francisco Real Estate New Construction: Discusses ”The Heights” In Pacific Heights, 14 New Luxury Condos
3. Pacific Shaving Company Launches New Premium Shaving Care Line for Women
4. New Comprehensive Chromosome Screening Program at Pacific Fertility Center Refines Embryo Selection, Improves Pregnancy Rates
5. Asia-Pacific Seasonal Influenza Vaccine Market to 2018 - Positive Impact of Government Support Offset by Limited Production Capacity : MarketResearchReports.biz
6. Pacific Prime Wins Bupa International Top Global Distributor Award
7. Registration opens for Asia-Pacifics largest medical conference on osteoporosis
8. Asia-Pacific Gesture Recognition & Touchless Sensing Market is Growing at a CAGR of 83.18% & to Reach $4.18 Billion By 2018 - New Report by MarketsandMarkets
9. Global Critical Care Market Will Reach $3.2 Billion in 2019 - Growth from Factor Concentrates, New Indications and Increasing Demand for Albumin in Asia-Pacific
10. Pacific Island Public Health Group Declares Diabetes at Pandemic Proportions
11. Asia-Pacific Leads in Consumption of Urea Formaldehyde Resins Followed by Europe and North America - New Report by MarketsandMarkets
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... ... June 26, 2016 , ... Pixel Film Studios Released ProSlice ... "Film editors can give their videos a whole new perspective by using the ... of Pixel Film Studios. , ProSlice Levels contains over 30 Different presets to ...
(Date:6/25/2016)... ... June 25, 2016 , ... Austin residents seeking Mohs ... College of Mohs Surgery and to Dr. Russell Peckham for medical and surgical dermatology. ... treatment for skin cancer. The selective fellowship in Mohs Micrographic Surgery completed by Dr. ...
(Date:6/25/2016)... ... June 25, 2016 , ... Dr. Calvin Johnson has dedicated ... has implemented orthobiologic procedures as a method for treating his patients. The procedure ... doctors to perform the treatment. Orthobiologics are substances that orthopaedic surgeons use to ...
(Date:6/24/2016)... ... 2016 , ... June 19, 2016 is World Sickle Cell Observance Day. In ... benefits of holistic treatments, Serenity Recovery Center of Marne, Michigan, has issued ... Sickle Cell Disease (SCD) is a disorder of the red blood cells, which can ...
(Date:6/24/2016)... San Diego, CA (PRWEB) , ... June 24, 2016 , ... ... up with the American Cancer Society and the Road To Recovery® program to drive ... care to seniors and other adults to ensure the highest quality of life and ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... -- Research and Markets has announced the addition ... 2022" report to their offering. ... with kidney failure, it replaces the function of kidneys by ... and thus the treatment helps to keep the patient body,s ... Increasing number of ESRD patients & substantial healthcare ...
(Date:6/23/2016)... , June 23, 2016 Roche (SIX: ... 510(k) clearance for its Elecsys BRAHMS PCT (procalcitonin) assay ... sepsis or septic shock. With this clearance, Roche is ... a fully integrated solution for sepsis risk assessment and ... with bacterial infection and PCT levels in blood can ...
(Date:6/23/2016)... , June 23, 2016 Bracket , ... launch its next generation clinical outcomes platform, Bracket eCOA (SM) ... held on June 26 – 30, 2016 in ... first electronic Clinical Outcome Assessment product of its kind to ... #715. Bracket eCOA 6.0 is a flexible platform ...
Breaking Medicine Technology: