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 , ... ... companies in the United States, today announced the release of its limited edition ... new Cranberry Cocktail Agua Fresca. All feature the unique flavor combinations and delicious ...
(Date:10/13/2015)... ... October 13, 2015 , ... ... announced today their sponsorship of the Microsoft Dynamics AXUG, GPUG and NAVUG Summits ... GPUG Summit and NAVUG Summit are independent user conferences designed and led by ...
(Date:10/13/2015)... ... October 13, 2015 , ... Dr. Poneh Ghasri, dentist ... on September 18, 2015. The research, which was conducted at the Dental Institute at ... colleagues, show connections between stress during pregnancy and future dental health in the child. ...
(Date:10/13/2015)... ... ... Protein is essential to good health. You need it to make the bricks ... does the average man need in order to stay healthy? , The answer ... Harvard Men's Health Watch . Most Americans get about 15% of their calories ...
(Date:10/13/2015)... ... October 13, 2015 , ... Georgia Partnership ... in communities throughout Georgia, along with affiliate organizations, Alabama Partnership for Telehalth (ATP) ... telehealth summits for Fall 2015. , Each of the three conferences share ...
Breaking Medicine News(10 mins):
(Date:10/13/2015)... DIEGO , October 13, 2015 ... today announced the appointment of Harry Lander , PhD ... the Company,s Chairman & CEO David Koos as ... small molecule and immuno-oncological therapeutics. --> Regen ... the appointment of Harry Lander , PhD as its ...
(Date:10/13/2015)...  Yesterday Congresswoman Renee Ellmers (R-NC-02) visited ... located in Holly Springs, NC . ... ® (Influenza Vaccine) using cell-culture technology, a state-of-the-art production ... is not reliant on chicken eggs. 1,2 On ... business of Novartis AG in the US, which for ...
(Date:10/12/2015)... 12, 2015 Given the intricacy of ... challenging to deliver an ophthalmic drug effectively to a specific ... successful ocular drug delivery. These include dilution of a drug ... of conjunctiva and drug permeation issues with respect to the ... topical eye drops, is lost due to the aforementioned barriers. ...
Breaking Medicine Technology: