Medical Insurance
APAC medical plan costs to rise 11.3% in 2026
APAC medical plan costs to rise 11.3% in 2026
A third of APAC markets expect lower medical trend rates.
WTW data shows insurers expect health costs to keep rising
Over half expect elevated levels to persist for more than three years.
Oona Insurance introduces flexible coverage for Filipinos abroad
Oona members have cashless access to over 650 hospitals and clinics nationwide.
Insurers urged to ease healthcare costs in Asia, study shows
In Indonesia, 93% of patients reported postponing treatment.
COVID-19 insurance market forecast to grow at 6.5% CAGR
Looking ahead, the market is forecast to reach $62.35b by 2029.
Philippines HMOs lift healthcare benefits 20% in first half 2025
The industry’s net income surged 131.12% to $0.03b.
Great Eastern offers self-help tool to assess protection gaps
It also allows them to compare existing coverage.
Manulife Hong Kong expands hospital access to 38,000 sites in China
It also extended its Credit Service for Hospitalisation to over 800 hospitals in China.
Singapore doubles CareShield Life payout growth rate to 4% yearly
From 2030, monthly payouts for claimants will be US$628 (S$806).
Singlife launches critical illness plan with high recurrent payouts
It covers 135 critical illness conditions at early, intermediate, and severe stages.
Allianz Malaysia offers cashless hospital cover in travel plan
Coverage extends to senior citizens up to age 85.
AIA Singapore, Mount Alevernia collaborate for cost-efficient healthcare
The MoU builds on AIA Singapore’s healthcare initiatives rollout in 2024.
FWD Hong Kong introduces One&All insurance plan with tiered benefits
FWD is also partnering with the Hong Kong Pharmaceutical Care Foundation.
Over 90% of medical, health insurance and takaful policies saw hikes below 10%
The government has also rolled out the RESET initiative.
Dental insurance market forecasted 9.3% annual growth through 2034
Employers are also expanding coverage to reduce out-of-pocket costs.
AXA China Region partners with Hainan zone on medical insurance
The insurer also partnered with China Biotech Services Holdings.
Swiss Re updates Life Guide to assess longevity drug use in applicants
The Life Guide is used by more than 800 insurers in over 100 countries.
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