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Oct
11

Universal Health Coverage in China

As Obamacare dominates the news in America, China enjoys the benefits of its own government-sponsored health insurance.

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Apr
12

Globalsurance Clients Optimistic After Steady Premiums and Increased Benefits Released by MSH China for 2013

With the release of  MSH China's April 1st premium rate adjustments, Globalsurance is pleased to report a stable increase of 10.5% across the board of all plan options. While this increase is in line with the market average, coverage adjustments have been made to certain benefits. These adjustments should not have a large impact on plan renewability, but Gloabalsurance analysts expect that in many…

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Dec
03

China's Emerging Wealthy not Buying Medical Insurance as Expected

Globalsurance continues to see differing indications of the state of the health insurance industry in China. Most analysts concur that the country’s high-income earning population are not likely to buy comprehensive health insurance in the short term. Many of the health insurance companies that have invested in developing on-shore solutions for health…

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Nov
23

Globalsurance impressed by Now Health's latest developments across the Middle East and China

In what began as a careful partnership, Globalsurance is working even more closely with Now Health, as the young health insurance company has shown promise, especially in regard to its strong organization, service and claims capabilities. Now Health, which was only launched last year, is the creation of a management team comprised of former Good Health employees, including Martin Garcia, who served…

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Jan
09

Ongoing Confusion over Foreigners' Inclusion in China's Social Security System

There continues to be continued uncertainty over whether, as well as how, China is going to include foreign workers in the nation's social security scheme, with only 3 cities so far, including the nation's capital, having committed themselves to registering and taxing foreign employees. The inclusion of foreigners in China's social security taxation structure is part of

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Jul
29

Ping An Health Insurance Approved to Open Zhejiang Branch

Ping An Health Insurance Company of China, a wholly owned subsidiary of Ping An Insurance (Group) Company of China, has received approval from the China Insurance Regulatory Commission (CIRC) to set up a new branch in Zhejiang province. Earlier this year, Ping An Health Insurance was also given approval by the central Chinese insurance regulator to open a branch in Jiangsu province. With the…

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Mar
25

Leading Chinese Insurers may Turn to Central and Western Regions for Expansion

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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Feb
22

Healthcare Finance Reform in Hong Kong

The much-anticipated public consultation on "Healthcare Finance Reform" to be launched on the second half of this year is starting to generate attention towards some of the main issues to be addressed, among which is the possibility of the Hong Kong Government implementing a company to provide medical insurance for cases where private insurers may not be able to provide a "reasonable cover" to policyholders.

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Feb
20

AIDS in China: Highest Killing Infectious Disease in 2008

The Chinese government recently released a report which gives a better idea of the growing severity of the AIDS problem in the country. The figures from the central government's Ministry of Health show that HIV/AIDS was the leading cause of death by infectious disease last year, killing 6,897 people in the first nine months of 2008. While…

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Nov
13

Leaping Forward: The Healthy China 2020 Reforms

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