What is the state of health insurance in 2021-2022?



ORIGINAL POST
Posted by RR 20 mths ago

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Whether you have private health insurance for yourself, family health insurance for your loved ones, or group health insurance for your business, it’s always a good idea to stay on top of the latest industry trends. But with so much information out there about health insurance (and insurance being rather complicated, to begin with), it can be confusing to know where to look. That’s why year after year, our friends from Pacific Prime Hong Kong release their State of Health Insurance Report.
 
Back for its 2021-2022 edition, the report explores key insights into health insurance and healthcare trends on a global and regional scale. You can download your free copy of the report now or keep reading for a brief overview of what you can expect from it.
 

What is the state of health insurance globally?

COVID-19’s effect on health insurance is still lingering, with the industry witnessing significant changes over the past year. The report focuses on three major trends, including:

 

COVID-19’s legacy: Health equity for all

What does ‘health equity’ look like in a world that’s recovering from a pandemic? Essentially, health equity is achieved when every individual can reach their full health potential and has access to all-inclusive health insurance solutions, telehealth, and mental health benefits - to name a few.

Data is the new healthcare currency

Insurers turn to data for staying on top of ever-evolving customer behavior, making decisions, streamlining processes, and so much more. This section of the report also explores why cybersecurity is so important for stakeholders and how the arrival of retail and non-traditional players is affecting the health insurance marketplace.

Health insurers buckle up for growth

While there’s no denying that the pandemic presented many challenges, health insurers are remaining optimistic - which is evident in the growth of insurtech investments. However, many insurers are still having trouble attracting and retaining talent, building trust, and displaying operational transparency.

 

Dive into the report to learn more

 

At 80 pages long, the State of Health Insurance Report 2022 might seem like a lot to digest at first. Along with its insights from health insurance industry experts like AXA, Allianz Partners Health, Bupa Hong Kong, Cigna, and WBN, the report is also full of charts, graphs, case studies, and images - making for an enjoyable and informative read.

Additionally, the report’s Table of Contents makes it easy to navigate and head straight to the section you’re most interested in. It's also useful for referring to certain sections once you’ve read the report in its entirety. If you’ve been wondering “what is the current state of health insurance?”, this report will tell you all you need to know and more. Get your free copy of the State of Health Insurance 2021-2022 Report today!

Looking for the best international health insurance in Hong Kong? Contact us at Pacific Prime for unbiased insurance advice and a free plan comparison today.


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