Medical Insurance
Australians' out-of-pocket medical expenses rise to $1b in 2024
Australians' out-of-pocket medical expenses rise to $1b in 2024
Private health insurance benefits in Australia have hit a record low since 2008.
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Shriram General Insurance unveils Shri Health Suraksha Plan
The policy covers hospitalisation expenses such as room charges.
Medical plan costs to rise by 11.1%: Aon
APAC is expected to experience the second-largestYoYr increase globally.
China's medical insurance fund reports surplus in 2024
Basic medical insurance system covered 6.7 billion outpatient settlements.
AXA partners with Prosper Health for cross-border cancer care
Benefits include second opinions, insurance pre-approval assistance, and P-to-P transfers.
Taiwan adds 30 services to National Health Insurance benefits
These updates will benefit about 66,000 people annually.
Half of Indian health insurance policyholders report claim rejections
83% of respondents also believe health insurers lack modern systems.
China to tighten medical insurance funds regulation with drug traceability codes
This aims to combat fraudulent activities like the resale of insured medications.
China’s medical insurance to deliver cheaper drugs
It has adjusted the insurance catalogue annually, now covering 3,159 drugs.
New policy caps Malaysia’s health, takaful premium hikes under 10%
Medical cost inflation in Malaysia reached 15% in 2024.
Philippine medical costs projected to rise 18.3% in 2025
This was correlated to the rise in the state insurers' claims and benefits paid.
Insurers say India’s medical costs to climb 13.2% this year
Meanwhile, 2024 is projected to jump by 12.5%.
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.
Insurers expect China’s medical cost to increase 11% in 2025
Asia-Pacific is also slated to rise by 12.3% in 2025.
Manulife Hong Kong partners for cashless medical services
The cashless services cover day-case surgeries at all United Family Hospitals.
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.
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