As with previous iterations of Pacific Prime’s IPMI inflation report, this study highlights the core drivers and emerging trends shaping international health insurance prices. Its analysis of global inflation drivers comprises of longstanding and new core impacts, as well as two emerging trends that have had an impact on premiums in 2017, and most likely the rest of 2018 as well:
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Lastly, Pacific Prime’s latest report also dedicated a section on highlighting average IPMI inflation by insurer. In particular, it was found that Cigna Global had the lowest average premium increase worldwide - an overall negative figure of -2.0% in 2017. The report concludes that the significant decrease in Cigna Global’s inflation figure last year forms a large part of the explanation as to why the global IPMI inflation rate in 2017 fell to an all time low since 2009.
The International Private Medical Insurance Inflation - 2018 report is now available to download for FREE from Pacific Prime’s website. Click here to download the full PDF copy of the study, or access the online version here.
About Pacific Prime
Headquartered in Hong Kong, and with offices strategically located throughout Asia and the Middle East, Pacific Prime is an award-winning brokerage that leverages their close partnerships with all major insurers to offer the best value insurance solutions to individuals, families, groups, and companies. To learn more, visit: https://www.pacificprime.com/.