Health Insurance Market 2016 Size, Trends, Growth, Analysis and Forecasts
Health insurance is a type of insurance where the insurer pays the medical expenses on behalf of the insured. The insurer has to pay a monthly premium to the health insurance company, which can be on a monthly, quarterly, or annual basis. Health insurance covers disability and long term nursing. The healthcare providers cover the costs related to medical treatments, drugs, and other expenses. The coverage depends on the health insurance plan taken by the insurer. Health insurance plans are provided through direct-insurance companies, independent brokers, and employer-sponsored programs. Beside the premiums being paid by the insurer, there are other additional costs that are taken into consideration in health insurance coverage that includes co-insurance, co-payments, deductibles, and stop loss limits.
Publisher’s analysts forecast the global health insurance market to grow at a CAGR of 11.14% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global health insurance market for 2016-2020. To calculate the market size, the report considers the total amount of premium generated primarily in emerging markets, such as APAC, EMEA, and the Americas.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Publisher’s report, Global Health Insurance Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Zurich Insurance
- United Healthcare
- Aviva
- AXA
- Allianz
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Other prominent vendors
- Aetna Foundation
- AIA Insurance
- Blue Cross Blue Shield
- Kaiser foundation
Market driver
- Growth in the number of aging population and increase in life expectancy
- For a full, detailed list, view our report
Market challenge
- Pressure in cost associated with health insurance
- For a full, detailed list, view our report
Market trend
- Innovations in healthcare products and solutions
- For a full, detailed list, view our report
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