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Medical Costs In Asia March 2016

The latest info graphic from Pacific Cross International, looks at medical costs around Asia.

Medical Costs In Asia March 2016

  • Thailand treatment of CARDIAC ARREST $38,906 USD
  • Malaysia treatment of BENIGN NEOPLASM OVARY $2,338 USD
  • Singapore treatment of UNS MALIGNANT NEO ESOPHAGUS $42,833 USD
  • Indonesia treatment of ACUTE MYOCARDIAL INFARCTION $22,458 USD
  • Vietnam treatment of CATARACT $4,102 USD
  • Philippines treatment of CARDIAC ARREST $74,727 USD
  • Hong Kong treatment of PATHOLOGICAL FRACTURE VERTEBRAE $90,478 USD

About Pacific Cross International

Pacific Cross International is a holding company for the Pacific Cross International group of companies. The group has provided health insurance in Asia for over 65 years. The companies operating entities are located in Hong Kong, Philippines, Thailand, Indonesia, Vietnam and Cambodia. Pacific Cross International as a group provides health insurance for over 75,000+ people representing 53 nationalities living in 42 countries. In 2014 the group provided travel insurance for 2,642,514 travel days for over 200,000+ people.

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FWD Group Enters Singapore Medical Insurance Market

The insurance arm of Asia-based Pacific Century Group, FWD Group, has announced that it has acquired a 90% stake in group medical insurance provider Shenton Insurance Pte Ltd (“Shenton”) from Parkway Holdings Limited, an indirect wholly-owned subsidiary of IHH Healthcare Berhad.  

Shenton will be rebranded to FWD in due course.

Singapore is the third new market in FWD’s regional footprint which now includes Indonesia and the Philippines, in addition to Hong Kong, Macau and Thailand.  As a leading and well-regulated financial centre, Singapore combines robust, high standards with a business-friendly environment. Its role as ASEAN’s pre-eminent financial services and risk management hub makes it a strategically important market for FWD – aligned to its pan-Asian growth aspirations and providing connectivity to the region.  

“FWD is dedicated to changing the way people feel about insurance across Asia, and Singapore is a fundamental part of our vision to become a leading pan-Asian insurer,” said Mr Huynh Thanh Phong, Group CEO of FWD. “The Shenton management team have built a strong foundation for FWD in the country.”

FWD is focused on creating fresh customer experiences with easy-to-understand insurance solutions supported by digital technologies.  The company will continue with its existing business and intends to invest in expanding the business in Singapore and is committed to growing its activities in the region.

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AkesoCare Unveils New Corporate Branding

Akeso Care Management® (“AkesoCare”), a URAC-accredited international health care management company, has unveiled new corporate branding to reflect its commitment to clients.

A subsidiary of International Medical Group® (IMG®) — an administrator of global health care benefits — AkesoCare provides worldwide assistance and medical management services, including:

  • Emergency medical evacuations
  • International cost containment and Medical Concierge Service
  • Precertification and medical review
  • Wellness services and disease management
  • International workers compensation
  • Comprehensive case management

“These industry-leading services deserve a brand identity that matches the same commitment and passion shown by AkesoCare staff each day,” IMG CEO Brian Barwick said. “Refreshing the company’s brand will convey an even better sense of purpose to current and future AkesoCare clients.”

The new brand identity includes the revision of the AkesoCare logo, which reflects the company’s strong value proposition.

Now in orange, a combination of yellow and red, the logo evokes a sense of optimism and passion — the same traits AkesoCare employees convey as they coordinate both routine clinical care and emergency medical treatment for their members.

Additionally, the orange arrow in Akeso, a Greek word meaning “to heal or cure,” is the mark of the company’s mission to direct clients to safety, providing nothing less than the best possible medical care they can get.

As part of the rebrand, the company also launched AkesoCare Global, a new service line within AkesoCare focused entirely on providing clients the right care at the right price, globally. Established to decrease overall plan costs, AkesoCare Global uses proactive, concurrent and post-treatment strategies that help members save money and avoid unnecessary health care costs altogether.

AkesoCare Global’s proprietary cost-containment strategy provides more than 30 unique, proven cost avoidance approaches. Thus far, the strategy has demonstrated an average overall savings of 49.3% in the U.S.

“In the U.S. and many other countries, there is often no correlation between the cost and quality of care — with many providers charging bogusly inflated prices at whim,” said Andy Tibbets, vice president of AkesoCare. “AkesoCare Global is the watchdog of escalating costs, ensuring that clients and health care systems as a whole pay a fair price for the services and treatment delivered.”

These cost-containment strategies are just one component of AkesoCare’s commitment to clients. While the company’s services have expanded over the years, its focus remains the same.

“One thing that has never changed is AkesoCare’s focus on the health and well-being of its clients,” IMG President Todd A. Hancock said. “AkesoCare touches lives every day and our new branding reflects our continued commitment to serve and protect our clients.”

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International And Expatriate Healthcare And Insurance

Following the huge success of the 2014 IPMI report the new edition of International And Expatriate Healthcare And Insurance now includes more countries and insurers; new information on laws and regulations PLUS countries current attitudes towards expatriates. The 2016 report also includes more details of new health insurance laws locally in various countries around the world.

"...The most complete fact filled business report is back and better than ever..." Christopher Knight, CEO, iPMI Magazine.

To order this report please click here.

Want more info? Check out the report info pack here.

 

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Apollo Hospitals Group, The Leading Healthcare Provider In India, Has Been Accredited As Preferred Provider Of International Assistance Group

International Assistance Group (IAG), the world’s largest alliance of independent assistance companies recently accredited Apollo Hospitals Group as Preferred Provider for all clients in need of emergency medical care in India.  

As India’s first corporate hospital, the Apollo Hospitals Group has a robust presence across the healthcare spectrum and has emerged as one of the foremost integrated healthcare providers in Asia.

Starting in 1983 with a 150-bed hospital, the Group now operates 9,200 beds across 64 hospitals and has the distinction of receiving the country’s first Joint Commission International (JCI) Accreditation in 2005 and this year the company has been accredited as Preferred Provider Hospital for International Assistance Group (IAG).

The Group’s legacy of ‘touching lives’ stems from the four pillars of their philosophy – excellence, expertise, empathy and innovation. It has touched the lives of over 45 million patients from 121 countries. This focus on quality has become one of the group’s strongest credentials. It is the one of the building blocks in the trust of Apollo brand.

“We are honored to count with five Apollo Hospitals (in Bangalore, Chennai, Hyderabad, Kolkata, and New Delhi), which are now accredited as the IAG Preferred Providers in India. Over the past years we have seen an increase in tourism in India; in consequence our clients need medical services that adhere to the highest international standards. Apollo Hospitals has proven to be the healthcare system in India that our Partners can rely on,” mentioned Cécile Hermetz, General Manager, International Assistance Group.

Apollo has set up an International Patient Services Division to ensure that the experience of overseas patients is safe, comfortable and hassle-free. Apollo’s International Patient Services offer a host of additional services such as: airport pick-up & transportation, accommodation, direct admission arrangements, scheduling of appointments, language assistance, liaison services with insurance companies and travel related assistance.

The Group has dedicated Centers of Excellence for several key specialties. They are unique and state of the art facilities spread across several of the Apollo hospital location and each Centre of Excellence stands out as a citadel of quality.

Apollo considers as their prime responsibility to provide high quality clinical care to all patients, putting the patient at the core of their operations. The Group has developed robust quality standards, used expert diagnoses and treatment plans and enhanced infection and safety protocols to render patients the most appropriate treatment. Centers of Excellence include: Heart Institutes, Cancer Institutes, Spine Surgery, Institute of Neurosciences, Critical Care, Institute of Robotic Surgery, Institute of Orthopedics, Institutes of Transplant, Nephrology & Urology, Institutes of Gastroenterology, Institutes of Robotic Surgery, Preventive Medicine, and Institute of Obstetrics & Gynecology.

Technology driven

At Apollo, healthcare systems leverage technology to build integrated healthcare delivery models, which facilitate seamless electronic medical records, hospital Information systems and telemedicine-based health outreach initiatives, for enhanced access to medical care.

Another critical manifestation of widespread technology has been the amazing advancement in medical equipment and Apollo has repeatedly pioneered the introduction of such innovations in India – Robotics, Cyberknife, Novalis TX, 320 Slice CT Scanner, TrueBeam, PET Suite, Proton Beam.

International Assistance Group is proud and pleased that its network of Partners is able to rely on the excellence of Apollo Hospitals, a pioneer of modern day emergency care in India.

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Heading For Cuba? Don't Forget Your Proof Of Health Insurance

Cuba-bound Canadian tourists are urged to update their travel insurance documents and, if necessary, re-evaluate their coverage in anticipation of a huge influx of American visitors burdening the Caribbean nation's emergency health care infrastructure this coming fall and winter season.

With the signing of an agreement granting scheduled commercial U.S. airlines up to 110 flights to Havana and nine other outlying airports each day, Canadians and other nationals can expect more competition and higher prices for all of Cuba's goods and services—including care in local hospitals and clinics.

The Cuban Tourist Board (CTB) in Toronto has re-affirmed to Ingle International that all visitors to Cuba must carry proof of health insurance that will cover them while in Cuba. This requirement will apply to Americans as it has to Canadians and other nationals since 2010, when the measure was first passed.  Should visitors lack such proof, they will be required to buy coverage from Cuban insurance companies situated at or close by the various ports of entry.*

RELATED: VISIT TRAVEL WARNING NETWORK BY IPMIM FOR MORE ON MANDATORY INSURANCE FOR TRAVEL TO CUBA, CLICK HERE.

RELATED: Cuba: Health Screening At Entry PortsRead Now

A representative of the CTB emphasized to Ingle that, although proof of Canadian provincial health insurance will meet the entry requirement, such insurance will not cover in-country emergency health care services or air ambulance repatriation, and the individual traveller would be responsible for fully paying billed charges before being allowed to leave Cuba.

The Public Health Agency of Canada (PHAC) also warns that in most hospitals in Cuba guarantee of payment (or payment in cash) must be provided in advance; the agency also advises travellers to check with their insurance company for payment/reimbursement procedures. It also advises all travellers to Cuba to purchase travel insurance from Canadian companies before they leave Canada.

Robin Ingle, CEO of Ingle International, a company that handles international insurance products for most of Canada's major international travel insurers, cautions that hospital and clinic costs in Cuba can be quite high for tourists. Consequently, Canadians should purchase travel insurance that provides a suitable coverage level and doesn't require them to pay up front. This should save a lot of anxiety—and out-of-pocket costs.

"Each year, Canadians make over one million visits to Cuba, and most say they will definitely return. With the expected surge of U.S. travellers, the Cuban infrastructure might well be tested. We can only advise that Canadians have their travel documents in good order and be fully aware of what their travel insurance covers, as well as what it limits or excludes," says Ingle.

"You don't want to be stranded in Cuba or any other country facing demands for a medical bill that far exceeds your credit card limit. And if you have appropriate coverage from a major Canadian company, you won't have to go through the trouble of paying the hospital, clinic, or doctor up front and then seeking reimbursement once you get home," says Ingle.

He notes that Ingle International has worked with Asistur, Cuba's primary travel medical assistance company, for over twenty years. The two companies have developed a strong relationship during this time and have fine-tuned their approach to providing and coordinating assistance. Ingle works together with Asistur to transport people with emergency medical needs to appropriate facilities quickly, to monitor their care, and to facilitate payment requirements on behalf of their international insurance clients. 

* Travel insurance purchased in Cuba from private companies provides far lower benefit levels than those available under Canadian plans. Canadian travel insurance plans cover up to $10 million for medical expenses, including air repatriation home when medically necessary. Cuban insurance, available at various ports of entry for approximately $4.50 per day, covers up to $25,000 (USD) for accident/illness costs and $15,000 for repatriation—not enough cover an air ambulance trip from Cuba to Canada.

 

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Remote Medical International® And Healix International Announce Strategic Partnership

Remote Medical International and Healix International, a global leader in medical and security assistance services, have today announced the establishment of a strategic partnership. Together, the two companies will leverage each other's extensive expertise to provide an exceptional and comprehensive continuum of care to clients with operations around the world.

"We are thrilled to offer our customers the level of service and support for which Healix International is known,” said Wayne Wager, CEO of Remote Medical International. "By partnering with a world-class assistance company like Healix, we can now improve the safety and security of our clients’ global employees and operations."

Remote Medical International provides critical onsite medical services to global companies across a wide variety of industries. These services include medical staffing, training, medical direction, and equipment procurement. Healix International excels at allowing global employers to fulfill their duty of care requirements by overseeing the health and safety needs of business travelers, expatriates, and their families in every country in the world.

“We are extremely excited to be partnering with Remote Medical International to offer our clients a best-in-class solution for their on-project medical needs,” said Scott Sunderman, CEO of Healix International. “Having worked collaboratively on projects already, I have witnessed first-hand how our combined efforts can increase the level of care and reduce costs for our clients. The formalization of our relationship seemed like a natural step for us and will further our shared vision of improving the health and wellbeing of clients living and working in remote and challenging locations.”

Healix International and Remote Medical International both have proven track records of improving patient care while reducing costs, recordable incidents, and medical evacuations. Combined, both companies have an increased ability to offer seamless service integration and provide customers with access to trusted care and medical support wherever in the world they work.

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AirCARE1 International Becomes Preferred Air Ambulance Provider For International Assistance Group (IAG)

AirCARE1 International has been selected to become a preferred Air Ambulance provider for the prestigious International Assistance Group (IAG). The International Assistance Group® is a global network of Partners and preferred providers from all sectors of assistance services located in over 170 countries throughout the world.

Selection to become a preferred provider for the IAG is based on a highly stringent selection process based on industry recommendation, adherence to the highest quality performance standards, and financial stability. Being a preferred provider of the International Assistance Group provides AirCARE1 International global operational benefits by utilizing proprietary resources to efficiently coordinate and perform patient transports worldwide.

 

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APRIL Partners With Tin Leg To Fulfill Travel Insurance Company’s ‘24-Hour Emergency Assistance’ Services

APRIL Travel Protection is partnering with Tin Leg and will function as the travel insurance company's medical assistance provider, fulfilling 24-hour Emergency Assistance needs, including evacuation services.

Backed by the 27-year-old APRIL Group, APRIL Travel Protection has become an innovative force in the U.S. since its 2013 launch and is now partnering with Tin Leg, a market leader whose customer service-oriented approach to travel insurance parallels APRIL’s own policyholder-centric philosophy. APRIL will function as Tin Leg’s medical assistance provider, fulfilling 24-hour Emergency Assistance needs, including evacuation services.

“Immediate and hassle-free 24-hour Emergency Assistance is an extremely crucial component of any travel insurance policy, and we found APRIL’s best-in-class medical support to provide the ultimate solution,” said Megan Singh, Project Management Director at Tin Leg.

As of Dec. 1, Tin Leg began referring all applicable Emergency Assistance medical cases to a dedicated, multi-lingual support team at APRIL for immediate assistance.

“As two forward-thinking companies challenging the status quo in an industry where many of the larger players have lost consumer confidence, Tin Leg and APRIL make a complementary and compatible match,” said Jason Schreier, CEO of APRIL USA.

“Tin Leg is extremely receptive to American travelers’ perception of insurance and, like us, is actively working to build a nurturing relationship with policyholders. We’re eager to contribute to the success of a company that shares our vision,” Schreier added.

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BBC Highlights Travel Insurance Fraud With CEGA

Thousands of BBC viewers will find out about the folly of travel insurance fraud in February, when Head of Special Investigations for CEGA, Simon Cook, takes to the screen to explain that no stone is left unturned in the industry's quest to expose fraudsters - wherever they are in the world.

BBC One's Claimed and Shamed will see Simon talking viewers through a supposed car break-in near Mumbai, a fictitious death in Nigeria and cosmetic surgery posing as emergency medical treatment in Lebanon - all exposed with the help of CEGA's investigators "on the ground" overseas. Meanwhile, Simon and his team also get to the bottom of a suspicious mobile phone theft in Spain, after desktop investigations back in the UK.

"The message to travel insurance fraudsters is clear," says Simon. "We will go to great lengths to investigate suspicious claims all over the world  - however complex and distant they may seem."

This is CEGA's third appearance on the successful Claimed and Shamed series, which attracts over a million morning viewers. By shining a spotlight on fraud, the series has acted as a catalyst to increase the volume of reports of suspected insurance fraud submitted to the Insurance Fraud Bureau's (IFB) Cheatline.

You can watch CEGA in Claimed and Shamed on Thursday 18th, Friday 19th, Monday 22nd and Wednesday 24th February: BBC One at 11am.

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Medical, Travel And Technical Assistance

 

A guide to leading international medical and travel assistance companies and providers, operating within leisure, expatriate and corporate business travel markets globally.

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