The evolution of health insurance is likely to continue, characterised by an increasingly international scope and scientific considerations. Ron Buchan gives his insights
The most important development in the short, medium and long term for private medical insurance (PMI) is that it will continue to evolve towards more geographically flexible cover. This trend is being driven by two factors: population mobility and changes in the way medicine is being practised. Currently, most domestic health insurance provides cover only in the country where the insured member is living, with potentially some element of cover for emergency treatment abroad. This is due to the fact that historically, each country has developed its own individual way of delivering m...
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