Medical Insurance
China to tighten medical insurance funds regulation with drug traceability codes
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.
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.
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