Medical Insurance
China boosts medical insurance spending on innovative drugs in plan
China boosts medical insurance spending on innovative drugs in plan
Spending on these newly negotiated drugs was 3.9 times higher in 2024 than in 2020.
China maintains 95% medical insurance coverage from 2021-2025
In 2024 alone, the number of reimbursed visits was 1.6 times higher than in 2020.
APAC medical professional liability insurance to grow 11.5% through 2034
In 2023, China had approximately 4.78 million medical practitioners.
Tata AIA launches Shubh Shakti for women with life cover
The launch follows rising female workforce participation in India.
Hong Kong Federation of Insurers signs research pact with PolyU on claims data trends
This is because of medical inflation rising to 10.3% in 2024.
Foreigners drive 150% surge in health insurance uptake in India
The growth is strongest amongst women and non-residents.
Australians waste dental benefits by skipping no-gap cover
Using a no-gap provider twice a year could save individuals $124.78 annually.
APAC to lead medical liability insurance market with 14.1% CAGR
Globally, the market was valued at $12.5b in 2021.
AXA partners with China Biotech on targeted cancer therapy
The technology is a form of targeted radiotherapy that uses a boron-containing drug.
Taiwan expands long-term care to younger dementia patients
The current system limits coverage mainly to those aged 65 and older.
Cost, insurance limits threaten global progress in HIV treatment
Japan’s lack of generic PrEP options has made therapies inaccessible to most patients.
China proposes law to enhance universal health insurance system
It includes a chapter outlining the structure of the national medical security system.
Australian families avoid private hospital insurance use over high gap fees
17% of couples and 15% of singles reported doing the same.
Taiwan may add Alzheimer’s drug Kisunla to National Health Insurance by 2025
Kisunla is currently undergoing a health technology assessment.
APAC seen as fastest region in medical insurance market with 12.4% CAGR
The global medical insurance market was valued at $1.7t in 2023.
FWD Hong Kong promotes cancer genomics via MAX platform
It aims to educate the public on the benefits of early cancer detection.
FWD Hong Kong partners GBAH on outpatient coverage across six China cities
The plan leverages GBAH’s network of more than 240 clinics.
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