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[VIDEO] The Prime Times - December 2015

The Prime Times is back with another dose of health and insurance news from around the world. This month we present Pacific Prime's new International Private Medical Insurance Inflation Report, examine how science might battle viruses in the future, and let you know how you can save on insurance premiums over the next year.

Posted on Dec 11, 2015 by Travis Jones

Users in China can view this video on Youku here.

 

New International Private Medical Insurance Report

Our first story today is something that Pacific Prime is proud to announce. The 2015 edition of our International Private Medical Insurance Inflation Report has been released and is available for free now.

The goal of the report is to allow the public to see by what percentage premiums in the international private medical insurance, or IPMI, market have gone up over the past year. The report does this by analyzing the inflation among 6 prominent insurance companies in different countries all over the world. 

By taking a look at the report, you can find out in which parts of the world the average price of health insurance went up the most, and the least, as well as which insurance companies have and have not been able to control their prices. Additionally, the report includes the reasoning for inflation being what it was over the past year, and looks forward at what we can expect in 2016.

If you haven’t already, click the link above and have a look at the report today!

 

The End of Dangerous Viruses?

Looking to the cutting edge of medical science, there was recently good news for people all over the world about the possible future of dealing with viruses.

Recent research could lead to a new class of drugs that would essentially work like antibiotics for viral infections. The researchers isolated a key gene that plays a crucial part in determining whether or not viruses will be able to pass through human cell membranes.

By researching the way in which viruses invade human cells, the possibility of blocking them from ever doing so is becoming increasingly likely. Now scientists are hoping that by focusing on the human cells that viruses invade, rather than the viruses themselves, future drugs have found a common denominator to combat viral disease.

 

New Year. New Prices?

This last bit of news is not a story so much as a warning. Health insurance prices are set to raise again soon!

Many insurers review their rates in January, which means that health insurance premiums for many could be significantly higher the next time they go to renew their policy. While these types of regular premium increases are practically inevitable, there are ways to try to keep your premiums lower for longer.

If a renewal of your health insurance is coming up soon, it may be in your best interest to go ahead and renew now in order to lock in your insurer’s current rates before they go up.  Of course, if you’re a Pacific Prime client, you can simply contact your agent and they can ensure that the whole process is as simple as it can be.

That’s it for this edition of the Prime Times. We’ll be back next month with another dose of health and insurance news. Until then, for all your international health insurance needs, be sure to check out PacificPrime.com!

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Insurance Inflation - 2017
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