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International Private Medical Insurance report released for 2018

Pacific Prime is again proud to release the newest version of the International Private Medical Insurance Inflation report. As with previous years, our report focuses on the rate of inflation for international health insurance around the world. Both consumers and industry players alike have found this resource invaluable for understanding the ever increasing costs of insurance premiums around the world, and the key forces impacting their change.

Download your copy today to find out more about the premium inflation rates of eight world-class international insurers, in ten popular expat locations around the world. Learn about the impact of new medical technology, increased compliance and regulations, or the effect of changing population dynamics on rising costs, in places like Dubai, Hong Kong, Brazil, and the United Kingdom.

Visit the International Private Medical Insurance Inflation – 2018 page today for your free download. Otherwise, read on learn more about what you can expect to see in our report.

Trends and drivers

With data dating back to 2009, our report has found that overall global average international private medical insurance (IPMI) inflation rates have been declining. The average IPMI inflation in 2009 was 12.8% but, for the year of 2017, the global percentage increase of IPMI was 7.0%. When compared with the global Consumer Price Inflation (CPI) rate, that rate was 3.9% higher in 2017. Historically, IPMI has sat 5% higher than the CPI in previous years.

Why insurance prices change is also a key part of our International Private Medical Insurance Inflation report. The Inflation Drivers section of the report discusses both global, and local forces that are impacting the costs of international medical insurance. In addition to four longstanding drivers that have persisted throughout all of our reports, we’ve also recognized new impacts from the following:

  • Increased compliance and regulation: Including an increased focused on Risk-Based Capital (RBC) approaches.
  • Improving global economies: For our focus locations, many have seen a bettering of their economic situations which proves favourable to insurers, and the premium increases they set.

Our new private medical insurance report sheds more in-depth light upon these premium inflation drivers, as well as those of increased compensation for medical professionals, an imbalance of healthcare resources, and the continued overutilization of health services.

Regional insurance inflation

One of the most valuable sections of our private medical insurance report are the ones that provide analysis of premiums and insurers in key expat locations around the world. Our focus is on three key regions: Asia, the Middle East, and the Rest of the World. These three regions all have a general assessment of IPMI inflation for the past year, as well as in-depth discussion about country-specific premiums in:

  • Hong Kong
  • China
  • Singapore
  • Thailand
  • Philippines
  • Indonesia
  • Dubai
  • United Kingdom
  • Kenya
  • Brazil

Each country has its own analysis of its specific IPMI inflation rate, it’s movement in comparison to the CPI rate for the year, the Compound Annual Growth Rate from 2009 to 2017, as well as our much anticipated discussion of specific inflation drivers impacting premiums in that location. In addition to this format, we have also begun analyzing the movement of specific insurers, and their premiums in each country to help people understand why the IPMI rates have moved so much this year.


Again, the premium data used for this study is based on international health insurance plans sold by eight of our major insurance partners. These insurers were selected based on not only their international plans but also that those plans are available in all of our key expat focus locations. There have been two changes to the insurers list from previous reports:

  • Allianz Worldwide Care has now rebranded as Allianz Partners; and
  • Aetna International’s InterGlobal plan has been renamed to Aetna International Pioneer.

The other major names included in this private medical insurance report include AXA PPP Healthcare, Bupa Global, Cigna Global, William Russell Limited, and IntegraGlobal. The International Private Medical Insurance Inflation – 2018 report includes an analysis of each of these insurers’ plan premium movements across the locations, compared together.

What can I expect to take away from this private medical insurance report?

The International Private Medical Insurance Inflation – 2018 report has been published for more than five years now as a way for consumers and industry players to better visualize the way in which international insurance products are moving. For buyers of international plans, the report helps you understand why your insurance premiums have increased at the rate they have – especially in comparison to consumers in other countries.

For insurance players, our private medical insurance report provides some expert commentary on the direction our industry is taking. The information contained in the report serves as a valuable resource for anyone who deals with clients that hold international insurance products, and as a testament to our own commitment of simplifying insurance. If you have any questions about the report, feel free to contact us directly today.

Get your own copy of the International Private Medical Insurance Inflation – 2018 report

Downloading your own copy of the report is free, and easy. You can get your own PDF version of the report by visiting our report download page.

If you’d like to talk to someone from Pacific Prime to hear, first hand, about the rate of insurance inflation in your country, the impact it may have on your individual or corporate insurance plan, or if there’s something else you’d like an expert’s advice and opinion on, then go through to our contact us page today.