Medical Insurance
Insurers say India’s medical costs to climb 12.5% this year
Insurers say India’s medical costs to climb 12.5% this year
Indonesia's average claims loss ratio reached 105.7% in Q1 2024.
5 days ago
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.
6 days ago
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.
China adds 91 drugs to national medical insurance list
The price of the newly included drugs will drop by an average of 63%.
APAC insurers predict continued cost increases in 2025
Medical costs are set to rise by 12.3% in 2025, WTW says.
AIA’s medical plan introduces first-in-market rewards system
The plan integrates Signature Healthcare Circle, concierge services, and personalised health programmes.
Zurich Malaysia’s new MediAfya+ extends coverage to age 80
MediAfya+ includes deductible choices of $112.91.
Malaysia floats co-payment medical and health insurance feature
It also increased tax relief for medical expenses to over $2,300.
China expands medical insurance to over 72% of village clinics
It aims to cover 100% of rural villages by the end of 2024.
Only 33% of Macau insurances cover Chinese medicine
Over half identified high medical costs as a barrier to medical freedom.
No lifetime cap on Bupa’s latest medical insurance plans
It has annual benefit limits ranging from HK$5m to HK$10m.
China encourages continuous medical insurance participation
Policyholders of 4-straight years are eligible for an annual increase of ~$140.
Zurich pays over $1.53b in life insurance claims in 2023
Lifetime cost estimates for spinal cord injury ranged between $6.8m and $12.9m.
What will drive the health and medical insurance market for the next 4 years?
The industry is projected to rise at a CAGR of 8.9% by 2028.
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