Which countries have mandatory health insurance in 2019?
Against the backdrop of ever-increasing medical costs and aging populations, governments around the world are devising different plans to cope with mounting pressures experienced by their public healthcare systems. And the introduction of compulsory health insurance for all citizens seems to have become a mainstream solution to this problem. Many countries including France, Dubai, the …
Is it time to update your company’s annual leave policy?
It’s a new year, and that means new changes. Is it perhaps time to also change your company’s annual leave policy? Employee benefits trends are shifting towards creating a balance between work and life for employees and emphasizing productivity vs. time spent in the office. Does your company’s annual leave policy seem a bit old-fashioned …
How can preventative benefits boost employee wellness?
Employers are increasingly focusing on bolstering employee health and wellbeing; this is not a surprise, especially when considering its far-reaching benefits for staff engagement and productivity. While group medical insurance remains a central part of employee benefits packages, the pendulum is swinging towards employee wellness with a strong emphasis on preventative benefits. Today’s Pacific Prime …
Tackling presenteeism at the workplace with employee benefits
The cost of absenteeism is widely known. In fact, unscheduled absenteeism can conservatively cost businesses USD 2,650 for every salaried employee per year. It’s the more camouflaged counterpart, however, that is harder to quantify. According to CIPD research, presenteeism costs twice that of absenteeism. Now, you might be asking, “But what exactly is presenteeism?”, and, …
Climate change effects that your business should prepare for
Climate change effects businesses in many ways; from physical damage due to strong winds, flood or fire to business interruption and employee liability costs. In light of the recent California wildfires, as well as the large hurricanes seen globally in 2018, climate-related insurance claims have gone up not only for the individual policyholders, but also …
How is technology changing employee benefits?
Technological trends are influencing the ways in which employees view and consume employee benefits packages. For instance, they can now track their benefits and stay up to date with all the latest health and employee benefits news with just a few clicks of the mouse. Thanks to the latest tech, educating and informing employees about …
What is an employee benefits market review?
Nowadays, it’s not just a salary that keeps your employees loyal and happy. Other employee benefits such as company medical plans, flexible working hours, and paid time off are now as important, if not more so than pay. HR teams are thus facing a number of new challenges, chief among them being identifying the right …
Which countries have mandatory health insurance in 2019?
Against the backdrop of ever-increasing medical costs and aging populations, governments around the world are devising different plans to cope with mounting pressures experienced by their public healthcare systems. And the introduction of compulsory health insurance for all citizens seems to have become a mainstream solution to this problem. Many countries including France, Dubai, the …
Differences between private and public insurance in the United States
The United States is well known for its exorbitant medical costs. So much so that even international health insurance plans, which cover virtually every country in the world, often exclude America due to its high costs. While about 58 percent of the US population has private health insurance to take care of their health needs, …
New release of our Human Papillomavirus (HPV) Guide
Pacific Prime is thrilled to announce their latest health guide on Human Papillomavirus (HPV), which is a welcome addition to our extensive collection of guides and reports. As the most common sexually transmitted infection in the world, HPV is a group of over 150 varieties of related viruses. As common as it is, though, there …
Why is the cost of health insurance in the Americas increasing?
That the US is the most expensive country in the world to obtain health insurance, we knew for a long time. But did you know that the cost of health insurance in the Americas is on the rise? One of the key findings in Pacific Prime’s 2018 Cost of Health Insurance report suggests that the …
What is the purpose of long term health insurance plans?
Just like retirement plans covering our financial future, long term health insurance plans are designed to do exactly the same. With the development of the modern medicine, we tend to live longer than ever before in human history, but we are also at a higher risk of spending our golden years with one or more …
New inflation infographic release by Pacific Prime
At Pacific Prime, we strive to be much more than just an insurance broker. We want to be a trusted resource that our members can depend on, but also – even more than that – a trusted resource for anyone that wants to learn more insurance and how it relates to healthcare around the world. …
Why is the cost of health insurance in the Americas increasing?
That the US is the most expensive country in the world to obtain health insurance, we knew for a long time. But did you know that the cost of health insurance in the Americas is on the rise? One of the key findings in Pacific Prime’s 2018 Cost of Health Insurance report suggests that the …
Brand new long term health insurance guide released!
With the goal of simplifying insurance, Pacific Prime is pleased to announce the release of our latest Long Term Health Insurance Guide – 2018. Drawing upon the in-depth knowledge and the solid experience of our specialists in the industry, this guide spells out all the key information you should consider when securing long term health …
Second opinions, you, and your insurance: Getting it right
If you’re like us, you live in a world where time is the most precious resource around. We take care to fill every moment with our days to the point that we even plan out specific windows with which to relax, and then we’re right back to the grind. Perhaps because of this, getting injured …
Primary care delivery: What it is and why it’s important
Primary care delivery is a topic that really should be a more common feature of discussions about global healthcare. This is because utilizing primary care services can make such a difference in a given person’s day to day life. Still there are many parts of the world where primary care delivery is largely absent from …
Pacific Prime announces 2018 Scholarship Winner
Pacific Prime is thrilled to announce the winner of their 2018 Scholarship Programme. Maura Jones, a bachelor in nursing at Carrington College in the United States, received the scholarship prize this year – a USD 1,000 grant to go towards her education expenses. Muara entered the program by submitting an eloquent and illuminating essay on …
Insurance solutions for international and private schools in a nutshell
Pacific Prime is excited to announce the release of it’s recent International and private school insurance solutions infographic. The infographic supplements Pacific Prime’s School Insurance Guide 2018-2019 – one of many guides and reports that their team is producing to add value to their corporate and individual clients. This handy and clear resource’s aim is …
Navigating the World of Employee Benefits and Corporate Health Insurance
Register for Pacific Prime and Bupa’s Masters Series conference: Navigating the World of Employee Benefits and Corporate Health Insurance on the 24th of October in Hong Kong. Sponsored by renowned insurance industry leaders Pacific Prime and Bupa Global, this Worldwide ERC® Master Series event is set to present valuable knowledge about structuring employee benefits and …