News & Developments in International Health Insurance
Posted by Sergio Ulloa (G+)
With the impending launch of the Straight Through Processing pilot scheme, Pacific Prime clients paired with Allianz Worldwide Care will now be able to benefit from an instant processing web-portal following a joint initiative between the two companies.
It is hoped that this new service will revolutionize client experience…
Posted by Sergio Ulloa (G+)
Due to the increasing demand for company insurance plans on an offshore basis that cover both expatriate employees along with local nationals, Now Health have developed a solution through their partners Asia Insurance to offer coverage for mixed groups of local nationals. This news is promising for Pacific Prime clients as typically, many…
Posted by Sergio Ulloa (G+)
After a recent survey of over 100 clients, some interesting results have shown where the main points of concern lie for patrons of Pacific Prime. This pursuit to identify the main decision forming factors for clients has undoubtedly helped contribute to Pacific Prime International's success. However, will this be sufficient enough to ensure a continued success looking…
Posted by Sergio Ulloa (G+)
Bupa International are continuing their expansion into Asia, with a focus on the China market in particular, and several developments have taken place recently. Bupa's first step towards developments within the SME market is to bring their premiums into a more competitive arena for the China market. In order…
Posted by Sergio Ulloa (G+)
With Effect from the 1st of August 2013, Nordic Health Care will no longer be accepting plans for new business worldwide. The international health insurance wing of Europæiske Rejseforsikring travel insurance will attempt to cancel any renewals where possible, apart from those plans where renewals are contracted in which case, a significant…
Posted by Sergio Ulloa (G+)
HTH have recently merged with Blue Cross Blue Shield (BCBS) to launch the GeoBlue product. Set to replace HTH's Global Citizen plan in the near future, HTH believe the new product will allow for better brand recognition, as well as increasing client experience in the USA by having the ability to avail of the Blue cross…
Posted by Sergio Ulloa (G+)
With the release of the MSH China's April 1st premium rate adjustments, Pacific Prime is pleased to report a stable increase of 10.5% across the board of all plan options. While this increase is in line with the market average, coverage adjustments have been made to certain benefits. These adjustments should not have a large impact on plan renewability, but Pacific Prime analysts expect that in many…
Posted by Sergio Ulloa (G+)
With the recent release of Bupa's April 1st, 2013 premium adjustments for the Premier Worldwide Health Options plan based out of China, some major adjustments to child coverage could give reason for Parents to show concern. Bupa have changed the design…
Posted by Sergio Ulloa (G+)
With the release of AXA PPP's April 1st premiums, clients will be pleased to note a steady 6 month increase of just 3% to 5%, depending on the level of plan chosen. With an across the Board increase of just 4% last October, all clients with AXA…
Posted by Sergio Ulloa (G+)
With the release of Bupa's company premiums from the 1st April, Pacific Prime clients have reason to be pleased as Bupa once again show stability in their pricing adjustments, indicating that the strength of their costing construction is designed to increase longevity for the clients by remaining consistent.
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