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Sberbank Insurance targets PMI market

The insurance arm of Russia’s largest bank is targeting the private medical insurance (PMI) market, launching its first product this year. Sberbank Insurance’s CEO, Hannes Chopra, says the troubled market is ripe for disruptive innovation. Something it hopes to do in a new partnership with the outpatient group Doktor Ryadom.
January 13, 2016

Norwegian private hospitals refuse to participate in free choice reform

Launched in November 2015, health minister Bent Høie’s reform aims to reduce waiting times, increase patient choice and incentivise public hospitals. But there is a problem. Several large private hospitals group are refusing to participate –saying payments are too low.
January 8, 2016

Christus deal first of many in Colombia

Texas healthcare group Christus Health is investing $35m in Coomeva, the second largest payor in Colombian public healthcare as well as some provision. It will pump cash into Coomeva's faulty insurance operation and grow its provider network once the sector liberalizes in 2016. Industry expert Carlos Felipe Muñoz thinks that this is the first of many deals as the sector opens up to foreign private investment.
January 8, 2016

UnitedHealth Group wades further into Brazilian mess

The US insurer, UnitedHealth Group (UHG), has bought Hospital Samaritano of Brazil through its local subsidiary, Amil Participacoes. The local press puts the deal at $350m. UHG now owns 32 hospitals in the troubled market. Analysts say UHG forecasts Amil’s sales to fall next year, but margins are better for operators.
December 11, 2015

French supplementary insurance groups move into services

With hospital fees up 220% in ten years, French supplementary insurance groups are moving into specialties that see large amounts of private expenditure, such as ophthalmology and dentistry. One platform, Santéclair, which covers 10m people, is launching its orthopaedics network in January 2016 –introducing bundle payments and no excess costs for patients.
December 9, 2015

Apollo to enter subscription market & Malaysia

India’s largest healthcare provider, Apollo Hospitals, plans to release a subscription healthcare product in 2016. This would be the first insurance product to cover outpatient services in the country, Neeraj Garg, CEO of Apollo Health and Lifestyle, told Healthcare Nova.
December 1, 2015

Measuring quality outcomes: the next frontier for competition?

Private health and care would be transformed if quality could be measured accurately in a way that patients could really understand. If measured, quality would then soar. And the sterile European private versus public debate would fade out as payers focused on quality outcomes and patient choice.
November 30, 2015

The Irish government scraps universal health insurance plan

A study commissioned by the Economic and Social Research Institute states that implementing the plan would cost €2bn more than the current health expenditure. The Minister for Health Leo Varadkar has formally announced that there will be no UHI in the short or middle term. What impact wil this have on the private healthcare sector?
November 27, 2015

Aetna reconfigures international model around killer app

US insurer Aetna has developed a customer app which is part of a wider strategy to reconfigure healthcare services around the world, particularly in Emerging Markets. We talk to Richard Di Benedetto, president of Aetna International.
November 27, 2015

Burtzoorg CEO Jos de Blok takes on big four Dutch insurers

Jos de Blok, CEO of the Dutch homecare group Buurtzorg, has announced that he will enter the statutory health insurance market in 2017 with lauch details on December 6. Four big insurers - Achmea, VGZ, CZ and Menzis – have 90% of the market. Sources say there have been no successful new entries for 34 years. Could Jos de Blok break the curse?
November 24, 2015
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