Health insurance providers looking to expand their operations internationally have been looking to Africa for potential opportunities. The latest news to come from this region refers to two health insurance powerhouses, InterGlobal and UnitedHealthcare International, a UnitedHealth Group business.
New York-based OrbiMed Advisors have announced plans to launch a second Asia healthcare fund by the end of this year. In a report by Reuters, the healthcare fund management group plans to set aside about USD $500 million to invest in Asia's fast-growing markets, including India, China and other Asian countries. The fund could see as much as 65% invested in India, said OrbiMed's founder and Managing…
2013 is looking to be another promising year for insurance giant Cigna, as the company continues to win prestigious awards, bring in new leadership in key regions and expand services to win new clients. In January, Cigna Global Health Benefits Asia-Pacific received the "Employee Benefits and Services Provider of the Year"…
In the wake of several alarming events in the past, including the recent kidnapping of a French family in Cameroon, it is understandable that individuals may be more concerned than normal for their safety. However, Globalsurance clients with InterGlobal plans can put their minds at rest due to their insurers recent partnership…
The first of Now Health International's (NHI) twice-yearly premium adjustments was made on February 1 and saw relatively average increases of about 5% and 6% across most of the countries that the insurance company operates in. However, there were a few countries, including Bahrain, Oman, Qatar and The United Arab Emirates, that saw increases as high as 8%. The second round of increases will take place…
In the United States, there are two main insurance programs administered by the federal government - Medicaid and Medicare. People on Medicaid are normally low income adults, and the program will also enroll children, pregnant women and other people deemed low-asset. Medicare, on the other hand, applies to people 65 years and older, as well as younger people with certain disabilities.
Of…RSA (Royal & Sun Alliance) have released a new Home Insurance plan in China called Private Client Insurance. Home Insurance is something that has rarely been purchased in the past in China, with local Chinese people giving it little attention or importance. It is only now becoming more recognised as an important form of insurance…
Coverage from top insurers, such as Cigna, can often involve high premiums as benefits are generous and the levels of servicing offered are of the highest quality. The "Global Health Options" (GHO) issued by Cigna roughly one year ago was aimed at such clients looking for high…
Health insurance companies were busy last year in regard to charity donations in recent months. One company in particular hit a record high amount and in 2012, William Russell raised more than USD $15,750 for Woking Hospice in a goal that saw involvement from directors, staff and clients. This impressive amount is…
Premium rates over recent years in Hong Kong, and the majority of the Asian region, have consistently been above average in comparison to the rest of the world. A number of reasons lie behind this, but the main contributing factor is down to the fact that the cost of…
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