Globalsurance Reveals 2013 Thailand Medical Insurance Inflation Rates
As part of its 2013 IPMI Review, Globalsurance has revealed the medical insurance inflation rates for the top insurers in Thailand.
(PRWEB) September 23, 2013
Globalsurance has revealed the premium inflation rates for the top medical insurance providers in Thailand, a part of Globalsurance's 2013 International Private Medical Insurance Review.
For the IPMI review, Globalsurance analyzed insurance premium inflation over the last five years in Thailand and in nine other countries – Brazil, China, Hong Kong, Indonesia, Kenya, Philippines, Singapore, UAE, and the UK.
Over 7,680 points of data were gathered from some of the top insurers that operate in these regions – Aetna Global Benefits, Allianz WorldWide Care, AXA PPP, Bupa International, Globality Health, IHI Danmark/IHI Bupa, Interglobal, and William Russell.
Over the last twelve months, the average inflation rate for all eight insurers examined in the study was 7.3% in Thailand. In comparison, the average inflation rate for all ten countries was 8.3%. Out of all the insurers examined, the provider with the highest premium increase in Thailand over the last twelve months was BUPA International with a 10.5% inflation rate. On the other hand, the insurer with the lowest increase was InterGlobal with only a 1.6% inflation rate.
Over the last five years, however, the average yearly rate of inflation for all eight insurers was 8.9% in Thailand – the second lowest five year average out of all countries examined. In comparison, the five year average for all ten countries examined in the study was 9.8%. The insurance provider with the highest yearly average increase over the last five years was Globality Health with 12.4%, and the insurer with the lowest average yearly rate was AXA PPP at 5.5%.
The 2013 Globalsurance International Private Medical Insurance Review includes a complete analysis of insurance inflation in Thailand and the other countries in the study, as well as an analysis of each of the insurers and the industry as a whole.
The complete review is available for free at http://www.globalsurance.com/blog/the-globalsurance-international-private-medical-insurance-review-2013-677820.html.
For the original version on PRWeb visit: http://www.prweb.com/releases/medical-insurance-review/Thailand-premium-rates/prweb11149639.htm