Health insurance
Insurers see Hong Kong’s medical cost increase 9.8% in 2025
Insurers see Hong Kong’s medical cost increase 9.8% in 2025
Insurers in Hong Kong report a return to pre-pandemic levels of outpatient claims.
Australia's private health insurers record $1.07b profit in 2024
The year gathered data from 30 private health insurers.
Insurers expect China’s medical cost to increase 11% in 2025
Asia-Pacific is also slated to rise by 12.3% in 2025.
Global health insurance market to reach $6.2t by 2032
Key drivers include the ageing population and a rising prevalence of chronic diseases.
India's non-life insurance sector grows 4.41% YoY in November
Standalone health insurers saw their premiums climb 10% YoY.
Manulife Hong Kong partners for cashless medical services
The cashless services cover day-case surgeries at all United Family Hospitals.
Australia’s private health insurers’ profit surges 64% YoY in September quarter
Total assets gradually increased 2.1% YoY to $13.06b.
China expands medical insurance drug catalogue to cover 90 rare disease
These treat conditions like hypertrophic cardiomyopathy, and intractable epilepsy.
Manulife SG unveils two industry-first collaboration for cancer care, gut health
It will offer liquid biopsy for cancer care and gut health screening.
Mental health claims surge amongst Aussie millenials, boomers
Men are 60% more likely than women to file such claims.
China adds 91 drugs to national medical insurance list
The price of the newly included drugs will drop by an average of 63%.
Singapore’s general insurance industry to grow 6.2% CAGR by 2029
The industry is expected to expand by 8.0% in 2024.
CoverGo Claims offers real-time data integration for insurers
CoverGo also said the platform reduces operational costs.
India’s GST cut may lower health, life insurance costs
Currently, an 18% GST is applied to premiums for health and life insurance.
Oona Insurance teams with GoPay for health access
Two insurance plans are offered.
20 private Indian insurers struggle with claim payouts
Only four insurers achieved a claim-paid ratio exceeding 90% in terms of the number of claims processed.
ASEAN insurers struggle with quality, and accessibility in healthcare
Private health insurance was valued at approximately $7.5b in 2023.
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