Category Archive For "Insurance"
Health insurance trends: Is lower inflation sustainable?
In our latest report on international private medical insurance (IPMI), we highlighted a new health insurance trend: globally, IPMI premium inflation was lower in 2017. This means that premiums did not increase by as much overall when compared to previous years. The thing is, it is important to look at whether this trend is sustainable, …
How a consultant can help support your comprehensive benefits package
A common phrase used a lot in sales is “Cut out the middleman!”. This is often followed by sentiments like “Go betweens are costly”, and “they add very little benefit to you as a consumer”. That may be true in some industries but, in the world of corporate insurance, the right consultant can really enhance …
Reflections on the Pacific Prime 2018 Global Conference
Over three days in January Pacific Prime held their 2018 global conference. This year’s conference was held in Hong Kong from January 17th to 19th and saw the heads of offices, country, and team leaders come together to discuss all things Pacific Prime and plan for the future. Here, we take a look at the …
Challenges for Businesses Implementing Group Health Insurance Plans in 2018
We’re still at the start of 2018, but if this coming year is anything like the past couple of years, it’s going to be a big one for small business. For example, the number of new job seekers taking it upon themselves to start their own business at the end of 2016 was the highest …
Unifying international employee benefits: how using a broker makes better sense
A challenge facing many businesses with multiple global operations is managing the benefits of their staff. In an age where salaries alone are no longer sufficient to attract the high calibre talent companies look for to drive their success further, juggling international employee benefits can be a tough task. Still, the lure of emerging markets …
Back-to-work strategy: How to help new parents transition back to work
Returning to work after taking time out can be tough, especially for new parents. Assuming most companies want to retain their talented returnees, it behooves employers to address the reintroduction of employees to the workplace and provide a softer landing for returning new parents. But, how can employers better facilitate new parents returning to work? …
Health insurance coverage and employee health outcomes
We often hear people in the healthcare sector talk about ‘health outcomes’, but what does it really mean? According to World Health Organization, an outcome is “a change in the health status of an individual, group or population which is attributable to a planned intervention or series of interventions, regardless of whether such an intervention …
Managing risks involved with overseas-based staff
For Human Resources staff, ensuring the safety of your workers heading abroad on overseas assignments means assessing and mitigating the potential risks involved. When it comes to managing risks, securing appropriate insurance can go a long way. Often the things that we perceive as being major threats are the last things that will go wrong; …
Cyber attacks vs natural disasters: Which cost more?
It’s a sad thing to say, but there have been a plethora of storms happening recently. At the time of this article’s writing, much of Houston, Texas is underwater. Hurricane Harvey barreled down upon the city, dumping over 11 trillion gallons of water on the area and causing widespread flooding that has devastated the local …
Australian households find private health insurance too complex
With over 40,000 plans on the market, private health insurance has become “a quagmire of cost and confusion” for Australian households, says Matt Levey, the Director of Campaigns and Communications at consumer group CHOICE. In a national survey commissioned by CHOICE, it was found that nearly half (44 percent) of Australian policyholders consider comparing health …
