Posts Tagged ‘private medical insurance’
Now people moving abroad for less than a year can buy short-term individual private medical insurance (iPMI). Bupa International has unveiled the new policy, called Bupa Flex. It allows customers to buy iPMI on a 3-11 month basis, down to the day they require. Muriel MacCallum, marketing director, Bupa International, said:
More companies would provide employee medical benefits if insurers came up with a alternative to current group cover. According to a survey on behalf of PMI Health Group, three-quarters of UK employers would fund medical insurance if a more cost-effective alternative to the current group plans was made available. In order to tackle the £15 [...]
Industry experts have warned the rising cost of individual private medical insurance (PMI) is strangling the market. The cost of PMI has risen 40% over the last decade. While corporate PMI is doing well, it seems individual PMIs are falling behind, noted Mark Noble, health and group risk director at Aviva UK Health. Speaking at the [...]
Many expats living in Hong Kong are abandoning international health insurance options in favour of local coverage. According to online international insurance provider, Globalsurance, this trend is a direct result of 10 years of increases in international health insurance premiums. Premiums have risen at a rate of roughly 10% per year, themselves a result of increased [...]
Private medical insurers are rapidly realizing they need to do more than simply pay claims. Without extras on offer, healthy clients would wonder why they are paying so much for so little, and possibly reconsider renewing their insurance. With this in mind, health insurers are starting to provide a suite of policy “extras”. Once insurers [...]
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