In a closed door, executive iPMI Magazine Round Table, we speak with leading C-Level Executives at Bellwood Prestbury, Cigna Global Individual Private Medical Insurance, Globality Health, RBI Premium and Wellaway about the rising costs of global healthcare and international medical insurance. Although global risks have changed dramatically, medical inflation and the cost of employee benefits continues to cause concern.
“Medical inflation is driven by unit cost, i.e. the price of each service; and utilization, that is how many and what type of services are used. As the world’s health care standards continue to rise and the range of treatment facilities and breadth of treatment options available continues to increase, it is without doubt that both unit cost and utilisation will also continue to increase..”