Posted on Jun 15, 2015 by Rob McBroom
This article takes the 94 countries included in the overall report and divides them into five regions:
- the Americas
- the Middle East
Each region is divided by into four demographics (Singles, Couples, Families, and Retirees) with each demographic being further broken down into three main plan types:
- Plan 1: Inpatient coverage
- Plan 2: Inpatient + Outpatient coverage
- Plan 3: Inpatient + Outpatient + Maternity coverage
This allows you to quickly zero in on the relevant information you are looking for. For example, if you want to compare the cost of health insurance for a single inpatient plan in Hong Kong, you can quickly do so, with each plan being presented in an easy to read, and compare, graph.
Comparing Hong Kong with the rest Asia
From this part of the report, some highlights and comparisons that can be made for Hong Kong include:
- For nearly all demographics and plan levels in Asia, Hong Kong has the highest average premiums, with many plans being the most expensive of their type.
- Singles considering Plan 2 will find the cheapest plans in the Philippines - which represent a 72.4% difference from the most expensive plan in Hong Kong.
- The cheapest plans for families in Hong Kong are more than 3,500 USD more expensive than the cheapest in other countries.
- The plans for all demographics generally see an increase in the spread between plans for each country.
Download Article 3 for FREE today to learn more about the costs in Hong Kong and the different regions. Because of the sheer amount of information available in this part of the report, we have included an analysis that helps provide a more in-depth understanding of the cost of health insurance in the companies included in the report. For example, almost every country has a high cost outlier - called the primary high cost outlier in the report - which is the same plan, regardless of country. The report provides a section looking into why this outlier exists, and why in some locations it is drastically higher than the other premiums.
The report also includes analysis on why providers offer the same premiums in different countries, and why some locations have outliers beyond the primary outlier. Analysis on plan type is also included.
Download the third part of the report today for FREE from Pacific Prime’s Cost of Health Insurance page, and should you have any questions about the report, please contact one of our health insurance experts.