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Global Health Insurance Market SWOT Analysis 2018: UnitedHealth Group Inc., Bupa, Blue Cross, Liberty International Insurance, AIG, MetLife

Global Health Insurance Market

Global Health Insurance Market

Health Insurance Market 2018 Industry report gives a brief summary of definitions, applications, types and leading key players/manufacturers of Health Insurance industry. It provides complete, professional, and extensive analysis of Health Insurance market.

The global health insurance market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of health insurance market for global, Europe, North America, Asia Pacific and South America.

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The Global Health Insurance Market is expected to grow significantly during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Key Developments in the Market:

• In January 2018, ICICI Lombard (General Insurance Company) has partnered with Practo Company for out-patient insurance this will be offering out-patient insurance products. The two companies collaborated to launch a healthcare app, IL Take Care; this will help the users’ book medical appointments, order medicines, view reports and manage personal health data.

There are also Managed care plans, in which the insurer will be having agreements with a network of healthcare providers to give lower-cost medical care to their policyholders. There will be penalties and additional costs added to out-of-network hospitals and clinics, but some treatment will be provided. Other than this there is also Indemnity, or fee-for-service plans in this a fee-for-service plan covers treatment similarly among all healthcare providers, allowing the insured individual to choose their preferred place of action. The insurer has to naturally pay for at least 80% of costs on an indemnity plan, whereas the patient pays the remaining costs as a co-insurance.

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Market Segmentation:

• Based on type, the market is segmented into prescription drugs, vision, dental, travel, life and disability.

• On the basis of providers, the market is classified into private commercial insurers, private noncommercial insurers and government (public health insurance).

• On the basis of plans, the market is segmented into health maintenance organizations, preferred provider organizations, exclusive provider
organizations, point-of-service plans, and high-deductible health plans.
Based on geography, the global health insurance market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others. In 2017, North America is expected to dominate the market.

Some of the major players operating in the market are

• Apollo Munich Health Insurance Company Ltd.,
• AXA,
• Aviva plc,
• Aetna, Inc.,
• Allianz SE,
• Star Health and Allied Insurance Co Ltd,
• Cigna Corporation,
• Bajaj Allianz General Insurance,
• Cigna TTK,
• Future Generali India Insurance Company Limited,
• Express Scripts Holding Company,
• Zurich Insurance Group Ltd.,
• International Medical Group,
• UnitedHealth Group Inc.,
• Bupa,
• Blue Cross,
• Liberty International Insurance,
• AIG, MetLife,
• Alltrust Insurance Company,
• Arab Orient Gulf Insurance Group,
• Allied World,
• Abu Dhabi National Insurance Company,
• China Merchants Bank and Daman among others.

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About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:
Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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