In the iPMI Global in Focus Cost Containment article we take a look at Aon's 2025 Global Medical Trend Rates Report.

The report analyses projected medical cost increases for employer-sponsored plans across various regions. The report anticipates a continued double-digit global medical trend, driven by factors such as inflation, technology advancements, and regional healthcare demands. Cardiovascular diseases are identified as a leading cost driver, while obesity emerges as a top risk factor globally. Employers are exploring strategies like well being initiatives, cost containment, and flexible benefit plans to mitigate rising expenses. Regional variations are noted, with Asia-Pacific and North America expecting higher increases, while Europe and Latin America may see decreases.

International cost containment often conjures a simplistic image: apply network discounts, reduce costs billed, and proceed. However, as demonstrated in the below complex case managed by New Frontier Group (NFG), the reality can be a deeply human-centered and intricate process. Each decision not only impacts financials, but also the well-being of patients, families, and caregivers.

Global Excel Management Inc. (Global Excel) is pleased to announce it has acquired the business of Vitori Health LLC (Vitori Health) effective January 1, 2025.

Vitori Health is a modern health plan administrator licensed in all 50 states with remarkable member support, national and regional networks, open access plans, and an unmatched claims savings guarantee for employer-sponsored health plans. With a strong reputation for innovation, Vitori offers nationwide precision-built health plan solutions which offer high-performing alternatives for mid-market employers and their employees.

In this iPMI Global Cost Containment In Focus article we talk with the movers, shakers and deal makers from the international assistance and cost containment market, and ask, how serious a problem is fraud, waste and abuse in the business?

According to the FBI, Health care fraud is not a victimless crime. It can affect everyone from individuals to businesses. Healthcare fraud causes tens of billions of dollars in losses globally every year, and may help raise health insurance premiums, expose patients to unnecessary medical procedures and increase taxes.

Global Excel Management Inc. today announced that, effective March 26th, 2024, CEO & President Reg Allatt will move into a new role of Executive Chairman. Chairman Steve Allatt will move into a new role of Chairman Emeritus, and current President Canada Regional Business and Chief Business Development Officer Phil Hibbert has been named CEO. 

New Frontier Group, a cost management leader in global healthcare for over 21 years, is proud to announce that it has been awarded the ISO 9001 Certification. This internationally recognized standard affirms the company's unwavering commitment to delivering the highest quality products/services and its dedication to continual improvement in its operational processes.

In this latest In Focus cost containment article, iPMI Global takes a look at the impact of healthcare costs, due to the COVID-19 global pandemic. Taken from the recent round table,International Medical Cost Containment And Claims Management Strategies.

Global Excel Management Inc. (Global Excel), a leading supplier of global healthcare risk management solutions, is pleased to announce that it has acquired a significant position in WeeSystems SAPI de CV (WeeCompany), a LatAm based InsurTech that connects the various players in healthcare ecosystems through their automated digital platforms.

Global Excel is pleased to announce changes to its executive lineup and a realignment of our organizational structure to further strengthen the synergies among our business units and to boost business innovation.

New Frontier Group, a cost management leader in global healthcare for over 20 years, announced several product enhancements that solidify their continued commitment to industry transformation.