The high cost and lack of accessibility to quality medical care coupled with an increasing trend towards the globalization of healthcare services continues to spur the growth of medical tourism.
Asia-Pacific’s high quality healthcare infrastructure and expertise in critical care procedures make it an ideal choice for multinational employers and global insurance companies who face unique challenges in developing and managing complex international benefits & compensation plans for global employees.
When it comes to international benefits exposures, many companies are far more vulnerable than they realize. Often, benefits professionals are focused on domestic issues. With more companies expanding internationally, it is critical that companies become informed about avoiding the risks of conducting business on a global scale.
The growth of the middle class and high net worth population in Asia-Pacific presents the opportunity for insurers to increase their sales of personal lines insurance products, as well as health insurance. The middle class in the Asia-Pacific region numbers 525 million people, more than the population of the EU. Roughly one-third of the world’s middle class today, it is expected to represent more than half the world’s middle class by 2020.
In China, the health insurance market is growing strongly as consumers turn to the private
sector to fill in the gaps left by inadequate government schemes.
Why attend WMTC Asia-Pacific 2015?