Medical Insurance

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.

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.

HK warns against fake free insurance ads

The circulating ad even featured a government Dep’t logo.

Medical insurance tops SME employee benefits: Prudential

Whilst pay was cited as the top factor to remain in their job, the survey also noted the importance of non-financial benefits for SME workers.

AIA launches new health plans in Greater Bay Area

The three new plans offer compensation, home visits, and outpatient coverage.