Managing The Life Cycle Of The Expatriate With iPMI
- Written by: iPMI Global
In a closed door, executive iPMI Magazine Round Table, we speak with leading C-Level Executives at ALC Health, HTH Worldwide, IMG Europe, Integra Global, Morgan Price, Medibroker, Now Health and You Are Global.
Moving a business into new uncharted waters where your native tongue may not be the local language is a daunting affair. Speak to any CFO, HR Director or Expatriate or simply consider the stress put on ones shoulders when operating in a foreign and sometimes hazardous environment. For the unseasoned traveller on distant shores even simple tasks like shopping can be a strain. So imagine being in a life threatening situation, miles from home and family, seeking professional medical services and attention, in a foreign language and without the correct insurance coverage..
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We will continue to see expansion in the high-tech, medical and educational markets. We are keeping an eye on the U.S. regulatory environment, which may shape the domestic health insurance market over the next few years. A recent study projects that because of health care reform, 30% of U.S. employers are going to drop group health coverage in the years following 2014 when the Affordable Care Act takes effect. That sets the stage for the individual market to expand, and we will be there to serve the needs of individual expatriates. Geographically speaking, HTH will continue to partner and provide services in other global territories. Through our GeoBlue expat insurance programs, we expect to have a significant expansion in blue cross and blue shield branded programs in other opportunistic markets.
