Health Insurance Market to Grow at a CAGR of 11.14% with Increase in the Number of Aging Population and life expectancy

Health insurance is a type of insurance where the insurer pays the medical expenses on behalf of the insured. The insurer has to pay a monthly premium to the health insurance company, which can be on a monthly, quarterly, or annual basis. Health insurance covers disability and long term nursing. The healthcare providers cover the costs related to medical treatments, drugs, and other expenses. The coverage depends on the health insurance plan taken by the insurer. Health insurance plans are provided through direct-insurance companies, independent brokers, and employer-sponsored programs. Beside the premiums being paid by the insurer, there are other additional costs that are taken into consideration in health insurance coverage that includes co-insurance, co-payments, deductibles, and stop loss limits.

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Analysts forecast the global health insurance market to grow at a CAGR of 11.14% during the period 2016-2020.

This market research report on the health insurance market is an integral part of Technavio and offers intelligence within the market space. It also considers the key product and service offerings of multiple vendors operating within this market space. The vendor analysis is intended to provide crucial information on market strategies implemented by the prominent players and key products and services offered by them. This information on competitors is expected to help our clients gain market superiority in several regions across the globe.

Key vendors
- Zurich Insurance
- United Healthcare
- Aviva
- AXA
- Allianz

Other prominent vendors
- Aetna Foundation
- AIA Insurance
- Blue Cross Blue Shield
- Kaiser foundation

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Market driver
- Growth in the number of aging population and increase in life expectancy
- Increase in the income of individuals
- Increase in chronic diseases

Market challenge
- Pressure in cost associated with health insurance
- Lower penetration of healthcare services and health insurance in developing countries
- Technology disrupting existing business model

Market trend
- Adoption of social media
- Innovations in healthcare products and solutions
- Mergers and acquisition
- Big data analytics

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.