Call us today: +44 (0) 20 3551 6634
As requests for healthcare packages covering both local nationals and expatriate employees increase, insurers are facing a slew of new challenges and opportunities, a news report has said.
According to Health Insurance and Protection magazine, companies are looking to make use of local talent available abroad in a bid to avoid higher costs
Next to that, there is also an increase in the number of people accepting international assignments on local, instead of expatriate, contracts.
Such trends pose both challenges and opportunities for healthcare package providers.
Simon Ball, head of UK global benefits practice at Aon Consulting, said that covering both expatriates and local nationals is a frequent request.
"Most organisations are looking for a single policy where possible. The risk margins are reduced, you have the economy of scale from having everyone together and the terms are better."
But Mark Cassidy, medical underwriter at Healix, described the dual coverage as a "thorny problem."
"Anybody who says that they can do it has got to be very careful about what they are saying," he said.
Moving abroad? Get a free quote for your international medical insurance online.
Expatriate Group.Delmon House,36-38 Church Road,Burgess Hill,West Sussex,RH15 9AE
Registered Address.35 Ballards Lane,London,N3 1XW
Tel: +44 (0)20 3551 6634Fax: +44 (0)870 428 5141Email: firstname.lastname@example.org
Short Term Healthcare Insurance
Travel Medical Insurance One Way Travel Insurance Single Trip Travel Insurance Annual Multi-Trip Travel Insurance Non UK Resident Travel Insurance Business Travel Insurance
About Us Useful Links Leave a Review Our Awards The Press Room Satisfaction Survey Downloads Legal Notice Underwriters Hospital List
Emergency Assistance information Short-Term Healthcare Working Abroad Insurance Thailand Health Insurance Family & Friend Benefits
Register as an Intermediary Opportunities for Brokers
Expatriate Group & Expatriate Healthcare are trading styles of Strategic Insurance Services Limited who is authorised and regulated by the Financial Conduct Authority (FCA). FCA Firm reference Number is 307133. Strategic Insurance Services Limited is authorised to carry on Regulated Activities in accordance with the permissions granted by the FCA under PART IV of the Financial Services and Markets ACT 2000.