The Philippine Health Insurance Corporation (PhilHealth), which is the arm of the Philippine Government that runs the National Health Insurance Program, is opening an office in Saudi Arabia's capitol, Riyadh, in order to provide better service to the Overseas Filipino Workers (OFWs) employed in the country. The Philippine Health Insurance Company office, the organization's first in the Middle…
Fortis Healthcare, an Indian company, and Khazanah Nasional Berhad, the Malaysian government's investment holding arm are in the middle of a battle over control of Singaporean healthcare group, Parkway Holdings. Khazanah recently offered S$ 1.18 billion (US$ 835 million) through its subsidiary, Integrated Healthcare, to increase its stake in Parkway to 51.5%, thereby controlling the company.…
AXA PPP healthcare unveiled a new health insurance plan for the UK corporate health insurance market and targeted at larger corporations, the new plan is called Corporate Health Plan Pathways. Corporate Health Plan Pathways is designed to offer the same benefits as other AXA PPP corporate health plans available with reduced costs due to one important difference. When participants in the plan…
South African financial services provider, Discovery Holdings Ltd. has agreed to buy Standard Life plc's U.K. private health insurance business through its joint venture company with Prudential. Standard Life is set to sell Standard…
International Medical Group (IMG) Europe Ltd has announced improvements to the list of benefits of its central health insurance product, GlobalSelect International Healthcare Cover which initially launched in 2005. The GlobalSelect product is available for both expatriates and local citizens worldwide and is designed with individuals and families who…
Max Bupa Health Insurance, the India-based joint venture between Max India Ltd. and Bupa, has launched its business and revealed its first product on April 29th, 2010. The Max Bupa Health…
WellPoint Inc., a health benefits provider in the US, is looking for a joint venture (JV) partner in China to set up a health insurance company by 2011. The president and CEO of the company has recently visited China to meet potential partners and the Chinese regulator in charge of this industry.
Issuing of the European Health Insurance Card (EHIC) will no longer be the responsibility of the state of residence of a person linked to the Social Security System of an EU Member State. This change in the European Law becomes effective on 01 May 2010.
Medical tourism is set to increase by 2015 according to the opinion of nearly half of the global health leaders, with the current health systems competing for consumers lured by personalised care, access to the latest medical innovations and value for money.
Residents in developed cities in Continental China are starting to show less interest in buying insurance products and it is expected that the leading insurance groups will set their sights this year to capitalise in the development of the central and western regions of the country.
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