New York, February 23, 2021 (GLOBE NEWSWIRE) – The global health insurance market grew at a CAGR of around 5% between 2015 and 2020. Health insurance refers to a type of insurance that periodically charges a predefined amount to the individual and pays the medical and surgical expenses incurred by the policyholder in the event of a medical emergency. A health insurance plan usually covers services such as diagnosis and treatment of chronic conditions, psychiatric care, emergency evacuation, inpatient and outpatient care, maternity, dental care, etc. Nowadays, many health insurance companies offer health coverage, in which medical care is provided at home for specific conditions.
Note: We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of related industries. These observations will be incorporated into the report.
Click here to get the short and long term impact of COVID-19 on this market: https://www.imarcgroup.com/health-insurance-market
Global Health Insurance Market Trends:
The increasing costs of health services, linked to the increasing prevalence of diabetes, cancer, stroke and kidney failure, …
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