News Digest August 2021
A curation of news stories impacting health insurance and brokers, population health management and health tech from last month.
Although normally one of the quietest months, August has still seen some interesting announcements and developments. Bupa’s research into the needs of HNWIs in Hong Kong and China has led them to develop a new concierge healthcare service and product. This links well with the McKinsey article re the positive future of digital health in Asia. Meanwhile, the H1 results from the Big Five IPMI players show revenues as flat to slightly positive vs ’20 with expectations of more growth to come, alongside increased claims and higher hospital costs. MGG’s 2019-2025 global IPMI report should be out in late October/early November, as all the data is now in. It will certainly be interesting to see how the rest of the year and those beyond, will unfold.
Separately, as trailed in the marketplace, Gallagher has now announced that it and WTW will continue to move forward with their acquisition despite the collapse of the WTW/Aon deal. Axa continues its asset sell off. And investments also continue into digital, virtual and mental health.