Health insurance premiums have fallen in a number of countries, according to latest Pacific Prime report

Health insurance premiums have fallen in a number of countries, according to latest Pacific Prime report

HONG KONG– (BUSINESS WIRE) – Global Health Insurance Brokerage Pacific Prime’s The latest report examines international private medical insurance (IPMI) premiums in 100 locations and finds that IPMI premiums for a number of locations have declined for both individuals and families. This is due to a number of key factors, the main one being the unprecedented COVID-19 pandemic.

Pacific Prime International Health Insurance Cost Report 2020-2021 starts by ranking countries based on their average IPMI premiums. The United States ranks first, with average premiums of $ 7,703 for individuals and $ 21,817 for families. At the bottom of the scale, Thailand had the lowest average premiums, US $ 1,934 for individuals and US $ 7,257 for families.

From the 100 sites studied, up to 36 countries showed a decrease in IPMI premiums, compared to the previous year, as the COVID-19 pandemic caused people to avoid / delay seeking health care, and countries to impose lockdown measures. In addition to the general trend in IPMI premiums, the report also highlights trends specific to the region, including:

  • 12 of the 20 most expensive locations …

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