Key market movements for private international health insurance

Perhaps unsurprisingly, Pacific Prime’s second annual Cost of International Health Insurance Report found that at USD 17,335 the USA is the most expensive country for private international health insurance.

However despite it’s top placement, the cost of insurance in the USA has fallen by almost 21% in the past 12 months, from an average cost in 2015 of USD 21,892.

In general when the USA is excluded from the report, plans cover a much narrower spread from USD 11,780 in Hong Kong to USD 7,608 in Mali, which was found to have the lowest average cost private international health insurance of the 95 locations surveyed.

A key movement within the international health insurance market is seen in Dubai, which saw significant increases in premiums over the past 12 months. The 2016 report ranks Dubai at 6th place, an increase of 8 places from 2015.

• The report presents figures from the top 10 insurers in the industry, who together total approximately 70% of the total number of plans sold worldwide, focusing on four key demographics:
• Singles - 36 year old Male.
• Couples - 36 year old Male and 35 year old Female.
• Families - 36 year old Male and 35 year old Female + two children aged 5 and 10.
• Retirees - 60 year old Male

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• For each demographic prices were aggregated for the following three types of plans from each provider:
• Inpatient coverage only
• Inpatient + outpatient coverage
• Inpatient + outpatient + maternity coverage

If you are living or working overseas and require private international health insurance, contact Allianz Worldwide Care for a quote.

Our plans include cover for day-to-day medical expenses like visits to the doctor, as well as planned surgery, emergency treatment, maternity cover, outpatient care and dental plans, depending on the level of cover you choose.

Our plans also include cover for chronic and congenital conditions and a wide range of pre-existing conditions, often without any additional exclusions or additional cost. We offer cover that is designed to be flexible, and allows expats to create a plan that best suits their needs.