{"id":2702,"date":"2022-09-06T16:43:56","date_gmt":"2022-09-06T08:43:56","guid":{"rendered":"https:\/\/www.pacificprime.lat\/blog\/?p=2702"},"modified":"2024-04-30T11:45:51","modified_gmt":"2024-04-30T03:45:51","slug":"announcing-the-state-of-health-insurance-report-2021-2022","status":"publish","type":"post","link":"https:\/\/www.pacificprime.lat\/blog\/announcing-the-state-of-health-insurance-report-2021-2022\/","title":{"rendered":"Announcing the State of Health Insurance Report 2021-2022"},"content":{"rendered":"

We\u2019re so excited to introduce our latest report: the State of Health Insurance Report 2021-2022<\/a>. Staying on top of the latest trends and creating content that simplifies insurance for our readers is what we strive for at Pacific Prime Latin America. Following the recent release of the Cost of Health Insurance Report 2021-2022<\/a>, which covers the cost of international private medical insurance (IPMI), this report explores major insights into health insurance and healthcare trends globally and regionally.<\/p>\n

Head to the download page to get your free copy of the report now!<\/a> We\u2019ve also condensed the key points into an attractive infographic<\/a>. For those of you looking for a brief summary of the report, keep reading this Pacific Prime Latin America<\/a> article.<\/p>\n

\n

\"State<\/a><\/p><\/div>\n<\/span><\/p>\n

What is the state of health insurance globally?<\/h2>\n

The health insurance industry has witnessed many changes in the past year. In our report, we group these trends into three main ones, which we\u2019ll have a quick look at below.<\/p>\n

COVID-19\u2019s legacy: Health equity for all<\/h3>\n

What does \u2018health equity\u2019 truly mean in a post-pandemic world? This occurs when each and every person has the opportunity to reach their full health potential with access to telehealth, comprehensive health insurance solutions, mental health-related employee benefits, and more.<\/p>\n

Data is the new healthcare currency<\/h3>\n

Data helps insurance providers with everything from keeping up with evolving consumer behavior to making decisions and streamlining processes. We also explore the importance of cybersecurity for stakeholders and what it means for the healthcare industry now that retail and non-traditional players are joining in.<\/p>\n

Health insurers buckle up for growth<\/h3>\n

The pandemic certainly brought its challenges, but that doesn\u2019t stop health insurers from staying optimistic. Just take a look at insurtech investments and how they continue to surge. With that said, insurers are still having a tough time attracting and retaining talent, as well as building trust and being transparent in their operations.<\/p>\n

What is the state of health insurance in Latin America?<\/h2>\n

Our report found that insurance providers in the Latin America region are dealing with a host of issues, such as more competition and evolving client expectations to name a few. What\u2019s more, the insurance distribution model in the region remains rather relaxed while service quality tends to be lower than international standards.<\/p>\n

\u201cTraditional distribution model is with Master Broker \u2013 Sub Broker \u2013 Agents. This means that the commission is split between at least 3 parties. As Pacific Prime Latin America integrates all of them, our bet is to offer a cheaper product with better service.\u201d<\/p>\n

Marco Vuarambon, CEO LATAM, Pacific Prime Latin America<\/p><\/blockquote>\n

We also take a closer look at Mexico in the report, which has witnessed its fair share of changes in 2021\/2022. To start, high COVID-19-related claims and an increase in healthcare utilization have driven up IPMI costs in the country by 28%. Claims reimbursement has also surprisingly been slower than expected as insurance providers find it difficult to retain talent.<\/p>\n

Mexico\u2019s evolving healthcare system is good news for policyholders, who can be confident that coverage is recognized by healthcare providers as insurers add more networks. Outpatient benefits are also more attractive to individual clients in Mexico, though you\u2019ll have to read the report to find out why.<\/p>\n

Learn more about the State of Health Insurance Report 2021-2022<\/h2>\n

This Pacific Prime Latin America article just gives you a small taste of the State of Health Insurance Report 2021-2022. However, at 80 pages long, there is so much more for you to dive into. Don\u2019t let its size scare you though. We\u2019ve divided the report into small sections so that you can easily navigate through the table of contents.<\/p>\n

Not only is this great for jumping to the part you\u2019re most excited to read, but it also comes in handy when referring to the report later on. The report is also packed with case studies, charts, graphs, and images to make it visually appealing and enjoyable to read.<\/p>\n

Eager to dive into the world of IPMI? Get your free copy of the State of Health Insurance Report 2021\/2022 today!\u00a0<\/a><\/p>\n

Looking to speak with us instead? Get in touch with a member of Pacific Prime Latin America to discuss all things health insurance or secure a plan that\u2019s ideal for your needs and budget. Contact us now!<\/a><\/p>\n

\n

\"Business<\/a><\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"

We\u2019re so excited to introduce our latest report: the State of Health Insurance Report 2021-2022. Staying on top of the latest trends and creating content that simplifies insurance for our readers is what we strive for at Pacific Prime Latin America. 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