{"id":594,"date":"2018-04-16T14:30:23","date_gmt":"2018-04-16T07:30:23","guid":{"rendered":"https:\/\/www.pacificprime.co.th\/blog\/?p=594"},"modified":"2018-04-16T14:39:31","modified_gmt":"2018-04-16T07:39:31","slug":"international-private-medical-insurance-inflation-2018","status":"publish","type":"post","link":"https:\/\/www.pacificprime.co.th\/blog\/international-private-medical-insurance-inflation-2018\/","title":{"rendered":"Pacific Prime releases new international private medical insurance inflation report"},"content":{"rendered":"

The 2018 version of Pacific Prime\u2019s insurance inflation report has been released, and Thailand again features prominently as an area of focus in the Southeast Asia region. The <\/span>International Private Medical Insurance Inflation – 2018<\/span><\/i> report is the fifth major installment of this industry-recognized white paper. It outlines the rate of premium inflation applied to international insurance plans across the world, highlighting the key drivers of influence, and how locations where such plans are popular are impacted. <\/span><\/p>\n

Best of all, you can download this report free from our global site. Click <\/span>here<\/span><\/a> to visit our report download page, or read on to learn more about the new Pacific Prime release. <\/span><\/p>\n

\n

<\/a><\/p><\/div>\n<\/span><\/p>\n

Key figures from the International Private Medical Insurance Inflation – 2018 report<\/span><\/h2>\n

For 2017, the new report has found that the global percentage increase of international private medical insurance premiums was 7.0%. The report itself tracks the rate of inflation across the years 2009 to 2017, and found that this year has reached a record low (2009, for example, had an average global inflation rate of 12.8%). <\/span><\/p>\n

The report itself also looks at inflation rates by global insurer. Pacific Prime works with many of the top global brands providing international coverage, and it\u2019s the premium data from the likes of Aetna, Allianz, Bupa, and Cigna that have made our figures and analysis possible. In particular, you\u2019ll find out the specific premium inflation rates for each insurer for all of our focus locations. You will also see how they compare overall in the international insurance market – this year, Cigna Global had the lowest overall average premium increase worldwide. <\/span><\/p>\n

In terms of countries, Dubai saw the highest average inflation rate with 9.6% for 2017. Indonesia, on the other hand, had the lowest premium inflation (5.3%). <\/span><\/p>\n

What\u2019s driving international insurance premium inflation this year?<\/span><\/h2>\n

An important aspect of the <\/span>International Private Medical Insurance Inflation – 2018<\/span><\/i> report is the analysis regarding the main influences impacting premium costs. For the past five years, many of the key drivers have remained constant; new medical technology, an imbalance of healthcare resources, increased professional compensation, and overutilization of health services. <\/span><\/p>\n

The report also identifies, and discusses emerging trends in the insurance industry that look set to have an impact on premium costs in the future. This year, the emerging trends to watch are: <\/span><\/p>\n