Announcing Pacific Prime’s Cost of International Health Insurance Report 2021-2022

It’s hard to believe that it’s been a whole year since our last Cost of International Health Insurance Report came out, but here we are again and we couldn’t be more excited! Back for its 2021-2022 edition, the report is our annual deep dive into the ever-changing world of international health insurance premiums to look at what’s changed and where things are heading.

As one of our most popular reports, the Cost of International Health Insurance Report brings our readers up to speed on the average costs of international private medical insurance (IPMI) premiums around the world and the key drivers influencing them. Our report uses pricing data from 100 locations to rank average IPMI premiums for both individual and family plans. Along with our key findings, the report also offers analysis from Pacific Prime’s very own industry experts, explores significant global trends, and so much more.

Let’s take a quick look at what you can expect from our Cost of International Health Insurance Report 2021-2022 in this Pacific Prime article. If you’re more of a visual learner, we’ve covered you with this infographic that offers a brief overview of the report.

Can’t wait to get your hands on the report? Fortunately, you don’t have to wait any longer. Download your free copy of the report right now!

What is the cost of global health insurance?

“What is the cost of health insurance in [country]?” is a question that’s crossed everyone’s mind before securing a health insurance plan. Whether you’re looking for insurance for yourself or your family – or are in the insurance industry yourself, it helps to have an idea of medical insurance costs and the market trends. That’s why every year we collect data from 100 different locations around the world and take a close look at the cost of IPMIs, one of the most highly sought-after expat health insurance plans.

So, what is the cost of international health insurance globally, and what insurance market trends in 2022 are worth noting?

Average individual and family health insurance premiums

While you’ll have to download the 2021-2022 report for all 100 locations, the top five most expensive countries for individual and family health insurance in the world are as follows:

Average individual premium in 2021 (USD $) – Top 5

1. US – $7,431
2. Hong Kong – $6,804
3. Singapore – $6,265
4. Mexico – $6,200
5. Israel – $5,432

Average family premium in 2021 (USD $) – Top 5

1. US – $ 20,929
2. Hong Kong – $18,811
3. Singapore – $17,803
4. China – $15,940
5. Dubai – $15,892

To give you another sneak peek, here are the bottom five most expensive locations for IPMI according to our research.

Average individual premium in 2021 (USD $) – Bottom 5

1. Hungary – $3,489
2. Poland – $3,450
3. Romania – $3,417
4. Slovakia – $3,090
5. Thailand – $2,035

Average individual premium in 2021 (USD $) – Bottom 5

1. Slovakia – $9,543
2. Norway/Netherlands – $9,474
3. Croatia/Romania – $9,431
4. Poland – $9,256
5. Thailand – $7,367

What you’ll learn from our Cost of International Health Insurance Report

Designed to be an enjoyable reading experience, our latest report sticks to the Pacific Prime motto of “simplifying insurance” with bite-sized sections and an easy-to-navigate table of contents. While we highly suggest setting aside some time to read the report in its entirety for a well-rounded understanding of IPMIs, we also make it convenient to skip to any section you want to know about.

After reading the report, you’ll know:

• How many locations witnessed average IPMI increases from the previous year
• The most noteworthy IPMI premium increases
• The regions that dominated the charts (yet also had slow growth)

You’ll also become familiar with the key drivers shaping IPMI premiums around the world, such as the most common insurance scams affecting global insurance companies and why insurtech is going mainstream.

Download your free copy of the Cost of International Health Insurance Report 2021-2022 now

Discover all this and more by downloading your free copy of the Cost of International Health Insurance Report 2021-2022!

Has all this insurance talk made you realize it’s time to secure an international health insurance plan or go over your existing one to make sure you’re paying for what you need? Contact us to learn more about the value-added benefits of working with a reputable insurance broker or to receive a free plan comparison today.

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Jantra Jacobs

Senior Content Creator at Pacific Prime

Jantra Jacobs is a Senior Content Creator at Pacific Prime with over 10 years of writing and editing experience. She writes and edits a diverse variety of online and offline copy, including sales and marketing materials ranging from articles and advertising copy to reports, guides, RFPs, and more.

Jantra curates and reports on the results of Pacific Prime’s monthly newsletters, as well as manages Pacific Prime’s Deputy Global CEO’s LinkedIn posts. Complemented by her background in business writing, Jantra’s passion for health, insurance, and employee benefits helps her create engaging content - no matter how complex the subject is.

Growing up as a third-culture kid has given her a multicultural perspective that helps her relate to expats and their families while 8 years of working remotely have given her unique insight into hybrid work arrangements and enthusiasm for employee benefits.

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