Rising premiums in 97 countries


The report stated that of the 100 countries, the average international health insurance premiums for individuals ranged from US$8,887 in the US to US$2,728 in Thailand. 

The US remains the country with the most expensive health insurance premiums. This is largely a result of the country’s high cost of healthcare.  The Americas remain the most dominant region in the top 20 most expensive countries list. 

African countries saw some of the highest inflation rates in the world. 21 countries in Africa witnessed inflation rates that were 15% or higher, resulting from various macro trends such as the rise of the middle-class and technological advancements. 

China’s premiums are going through a correction phase after years of increase. In 2019, a number ofseveral prominent insurers in China did not increase their premiums, with some even lowering them, making it one of the few countries experiencing a year-on-year decrease in average health insurance premiums. 

Canada saw average health insurance premiums increase by 7% for individuals and 5% for families, surpassing Hong Kong as the country with the second most costly country for international health plans. Singapore has also jumped from 9th to 4th position, with an inflation rate of 9% for both individuals and families.



Do you have some news or a press release that you’d like to share with the medical travel industry?

Publish for FREE on IMTJ.


Related News

Brazil open to medical travellers

07 August, 2020

Brazil reopens air borders with US, but risks remain

Taiwan opens to medical travel

30 July, 2020

Concerns about Taiwan medical tourism plan

Costa Rica opens to tourism

29 July, 2020

Costa Rica welcomes some international travellers

Wellness travel motivations

29 July, 2020

Survey identifies top 8 reasons for wellness vacation

Oman private healthcare ruling

22 July, 2020

Oman private hospitals must accept COVID-19 patients