Product Trends

HEALTH

Smiles Argentina announces its alliance with Banco Itaú. The Journal of Tourism, February 14, 2023.

The mileage program and "iupp", Banco Itaú's loyalty program, partnered to offer more benefits to their customers. With this alliance, customers will be able to convert their iupp points into Smiles miles and then redeem them for flights to more than 1,200 destinations worldwide. iupp is Banco Itaú's benefits program, where customers accumulate points each time they make a payment with their credit or debit card; and then redeem them in your prize catalog. (Text in Spanish)

Myhealth and Medibank partner to improve access to care for patients with type 2 diabetes. Press release, March 21, 2023

Myhealth and Medibank will introduce a new initiative allowing Myhealth GPs to refer patients directly into the Medibank Type 2 Diabetes Program as part of routine diabetes clinical care. The 12-month program aims to support patients to lose weight and improve their diabetes management.

MetLife partners with easycancha. Coverager, January 4, 2023.

MetLife has partnered with easycancha to introduce an on-demand accident insurance coverage in Chile. Easycancha, allows people to book fields and courts for different sports activities such as soccer, tennis, and basketball. As part of the partnership, people will be able to buy accident insurance that will cover them for the duration of the match.

Huize Announces Strategic Partnership with Ping An Health Insurance and the Joint Launch of “Chang Xiang An” – A Customized Long-term Medical Insurance Product. GlobeNewswire, March 24, 2023.

Chang Xiang Anis a cost-effective long-term medical insurance product customized to meet consumers’ long-term protection need. The plan offers protection in three areas long term protection, it is designed for the whole family and includes comprehensive healthcare management services.

Dubai National Insurance launches new partnership with Takalam’s mental health platform. Khaleej Times, January 19, 2023.

Dubai National Insurance has partnered with Takalam, an award-winning mental health and well-being platform. Takalam’s sophisticated app is accessible to new customers of DNI as well as existing customers. Users can book sessions with a professional directly on Takalam’s mobile application.

Genki Launches Genki World Resident: International Health Insurance for Digital Nomads. PR Newswire, January 31, 2023.

Genki Launches Genki World Resident: International Health Insurance for Digital Nomads. The plan includes health, vision, and dental coverage, as well as cover for prenatal care & childbirth, and much more. Genki World Resident is a comprehensive health insurance plan that covers the cost of medically necessary treatment and preventive care around the world. It is available to people of all ages and from any country, regardless of citizenship or residence.

Prudential Announces New Strategic Alliances. Press release, February 13, 2023.

Prudential announced new strategic partnerships with five leading companies to significantly expand its ecosystem of wealth, health, and protection solutions. The partnerships include 10Life, AlipayHK, EC Healthcare, AWEsum Care and 11 SKIES.

AXA Designated Endoscopy and Day Surgery Centre officially unveils. Press release, January 31, 2023.

Partnering with EC Healthcare to create one-stop services providing health check-ups, medical examinations, and treatments. AXA’s qualified individual and group members will be able to enjoy preferential access to the AXA Designated Endoscopy and Day Surgery Centre. The AXA Designated Endoscopy and Day Surgery Centre is equipped with a wide range of advanced endoscopy systems, including colonoscopy, oesophago-gastro-duodenoscopy (gastroscopy), cystoscopy.

Prudential plc to open branch in Macau to provide life and health insurance solutions. Press release, January 26, 2023.

Prudential will initially offer life and health insurance solutions in Macau through its digitally enhanced agency force. These solutions include multi-currency options to meet customer needs in savings, healthcare, and protection.

AXA launches limited-time "Tax-deductible Combo" offer, Enjoy up to 12 months' premium refund on "AXA WiseGuard" PR Newswire Asia, January 19, 2023.

From now until 31 March 2023, customers who successfully apply for a combo of designated signature products, including "AXA WiseGuard Pro Medical Insurance Plan", "MediEnhancer Supplement" and "IncomeEnrich Deferred Annuity Plan" at the same time, can enjoy up to 12 months' premium refund on their designated "AXA WiseGuard Pro" policy. AXA WiseGuard Pro" provides a benefit limit of up to HKD40 million per policy year with no lifetime benefit limits.

ICICI Lombard becomes first to offer ‘Anywhere Cashless’ feature. Hindu Business Line, March 25, 2023.

The anywhere Cashless feature will allow policyholders to avail cashless facilities at any hospital, even if not part of ICICI Lombard’s current network of hospitals. This feature is subject to the hospital’s acceptance of this feature.

Digit Insurance launches 3 new health plans, to offer worldwide coverage and unlimited sum insured. PharmaBiz, March 15, 2023.

The three plans: Digit Double Wallet plan, Digit Infinity Wallet plan, and Digit Worldwide Treatment plan—are aimed at catering to the newly-evolved health insurance needs of Indians post the pandemic. The Digit Infinity Wallet plan will help take care of the rising medical costs with an option of unlimited back-up sum insured (SI) being offered to customers. The Digit Double Wallet Plan will give the policyholders an option of double back-up sum insured. The Digit Worldwide Treatment plan will give people the freedom to get treated anywhere in the world, including India

Marpai Partners with Vori Health to Offer Value-Based Musculoskeletal Care to Self-Funded Employer Health Plans. BusinessWire, March 14, 2023.

Marpai announces a relationship with Vori Health, Inc. to offer innovative musculoskeletal (MSK) care to employer health plan members. Using proprietary AI-powered technology, Marpai proactively identifies health plan members facing costly MSK treatments or procedures, uses multi-channel marketing to drive enrolment, nurtures participating members throughout the process and delivers transparent, detailed reporting to employers.

UBI- ManipalCigna Health Insurance launches 'Pink Health' Press release, March 2023.

Union Bank of India launched a specialized 'Women Cancer Care Solution - Pink Health' powered by ManipalCigna Health Insurance on March 8. This specialized women cancer care insurance solution provides coverage for breast cancer, cervical cancer, and ovarian cancer treatment.

Paul Merchants Partners with Care Health Insurance. Press Trust of India, February 1, 2023.

Paul Merchants has partnered with Care Health Insurance to provide their customers with various health insurance products. PML Gold Plus programme' under which they will avail group health insurance coverage. Customers up to the age of 65 years can opt for a sum insured of Rs.1 lakh with Personal Accident Cover, Hospital Cash, and fixed benefit covers.

RenewBuy launches customized health insurance plan. Know the details. Mint, January 27, 2023.

The RenewBuy Health Wellness plan is available in three variants: Gold, Silver, and Wellness. The plans also offer OPD benefits, unlimited doctor on phone consultations, free lab tests, heavy concession for offline OPD consultations along with an array of benefits.

Tartan launches Batik to enable financial and health wellness benefits for today’s workforce.
Free Press Journal, January 23, 2023.

They have launched a new self-service employment benefits marketplace - 'BATIK' to empower organisations to support their employees' financial and health wellness. Employees can now avail of Advance Salary, Personal Loans, Health & Term Life Insurance, Tax saving investment plans, Mutual funds, Expense cards, Gym membership, Gift cards and much more.

Magma HDI Launches "OneHealth Senior" Health Insurance . Market Screener, January 5, 2023.

The One Health Senor plan covers pre- and post hospitalization expenses. It also covers wellness services such as doctor on call, specialist e-opinion and nutritional e-counselling.

Niva Bupa Health Insurance signs corporate agency agreement with Sundaram Finance. Hindu Business Line, January 3, 2023.

Niva Bupa’s select range of indemnity plans would be offered to Sundaram Finance’s growing customers. Sundaram Finance has a network of over 640 branches across the country.. Some of the products being offered by Sundaram Finance to its customers include ReAssure, Senior First and Health Recharge.

Future Generali India launches OOH LGBTQIA+ campaign towards providing health insurance. Press release, January 2, 2023.

Future Generali India Insurance Company Limited (FGII) has launched its LGBTQIA+ campaign to focus on providing community members who are in a live-in relationship an equal opportunity to secure their health insurance needs. The insurer has expanded its definition of ‘family’ across all its retail health insurance offerings, to include LGBTQIA+ community and live-in partners.

Bajaj Allianz unveils customizable health plan. BusinessLine (The Hindu), February 5, 2023.

My Health Care Plan is a modular health insurance product. The plan offers the flexibility to choose services and premium.
Some of the mandatory coverages include in-patient hospitalisation expenses, pre- and post-hospitalisation expenses, and modern treatment methods.

Lifenet and Lifenet MIRAI Started Offering Products and Services on the SMBC Group Membership Website. Press release, March 1, 2023.

They launched “Olive,” a comprehensive financial service for individuals which combines bank account, card payment, finance loan, online securities, online insurance, and other functions on an application. The “Olive” members can also reach insurance products and services, as “Olive” can be seamlessly linked to the Insurance Portal Website.

Vitality Health Insurance Launches Ground-Breaking Health Insurance Product in Kenya. Market Screener, February 3, 2023.

It offers Health insurance including the Vitality programme: comprehensive, quality healthcare benefits with a choice of three plans and four benefit options for the full spectrum of medical needs.

FWD Takaful enhances coverage to address the protection gap for underserved segments in Malaysia. Press release, March 20, 2023.

FWD Takaful has now expanded FWD SpecialMed benefits to include individuals with down syndrome. FWD SpecialMed is an online medical plan tailored to prioritise the needs of individuals with mild to moderate learning disabilities. FWD CI First is now available for individuals diagnosed with Type 2 diabetes*. FWD CI First is a plan that offers protection in the event of a critical illness. FWD Takaful has partnered with Alpro Pharmacy to provide a complimentary diabetes management programme.

Prudential launches enhanced protection solution for mothers, babies. Bernama: The Malaysian National News Agency, February 8, 2023.

Prudential Assurance Malaysia Berhad (PAMB) has launched an enhanced protection solution with PRUMy Child Plus that provides coverage for both mother and baby starting from 13 weeks of pregnancy and continues to cover the child until the age of 100. Parents can also purchase PRUSaver Kid rider to help set aside savings for their child’s education.

Igloo partners with GCash, Malayan to insure travelers. BusinessWorld, January 9, 2023.

Igloo has recently launched a new travel insurance product in partnership with GCash and Malayan Insurance. The product Travel Master with COVID-19 — offers coverage for personal accidents, emergency medical treatment, hospital cash allowance, travel inconvenience benefits, and COVID-19 protection. Other benefits include car rental protection of up to P500,000 and sports activities extension of up to P100,000.

Zurich introduces two medical riders to provide accessible health services to Malaysians. New Strait Times, January 9, 2023.

Zurich Malaysia launched two takaful medical riders. The riders, MediAfya and Zurich Infinite Care, are takaful and conventional riders, respectively. MediAfya provides basic medical coverage with a minimal 10% co-takaful capped at 1,000 Malaysian ringgit per year. Zurich Infinite Care gives customers up to 30% savings in the cost of insurance if no claims are made. It also offers extended post-hospitalization care of up to 210 days and medical device coverage that is not usually included in medical plans.

WellaHealth Promises Affordable, Quality Healthcare in Nigeria. The Guardian, March 5, 2023.

WellaHealth, a technology-driven healthcare startup, is democratising access to quality and timely healthcare through basic health insurance coverage in Nigeria. WellaHealth has expanded to cover consultation for other common illnesses, infections and now chronic diseases like diabetes and hypertension. Customers can even get diet plans for as low as N800 per month at their nearest pharmacy.

MAPFRE & Bupa partner to develop health insurance in Latin America. Reinsurance News, February 24, 2023.

MAPFRE and Bupa have joined forces to offer international health insurance in Latin America, first in Peru, then in Uruguay and Paraguay. policyholders will be able to make use of the extensive medical provider network through Bupa, which currently serves more than 40 million customers worldwide.

PRURide PH seals partnership with Garmin for healthier living. Press release, January 25, 2023.

Pru Life UK formalized its partnership with Garmin to promote a healthier lifestyle in the new year. The partnership will promote a healthier lifestyle through health and fitness initiatives within Pulse. Initiatives such as PRURide PH Virtual Challenge are to be launched within its health and wellness app, Pulse.

Prudential and Shopee Introduces Insurance Solution for Infectious Diseases. Press release, January 22, 2023.

PAMB and Shopee have partnered to launch a protection plan that provides coverage against infectious diseases, namely dengue fever, malaria, measles, and typhoid. This protection plan will only be available until 18 February 2021 on Shopee in conjunction with their Shopee 2.2 CNY Sale.

Manulife FutureBoost, HealthFlex, and Horizons now available on Kwik.insure digital platform. Press release, January 4, 2023.

Manulife has partnered with Kwik.insure, an online insurance marketplace that serves thousands of customers, to make insurance accessible to more Filipinos through its HealthFlex, FutureBoost and Horizons plans.Manulife FutureBoost is a life insurance plan with no premium charges, Manulife HealthFlex is a health insurance plan that allows customers to pay only for the health coverage they need. Manulife Horizons is an affordable investment linked insurance plan.

QIC launches fully-digital mandatory visitors’ health insurance solution. The Peninsula, March 6, 2023.

Qatar Insurance Company (QIC), introduce a fully digital Mandatory Visitors’ Health Insurance solution, the fastest option to get such insurance plans in Qatar. International visitors can now get their mandatory visitors’ health insurance policy in less than 2 minutes on qic.online and from anywhere in the world prior to their trip to Qatar.

Association of Employment Agencies (Singapore), AES(S) TRCL launch mental wellness programmes for migrant domestic workers. Business Times Singapore, January 10, 2023.

AEA(S) partnered with TRCL to launch a new initiative that provides weekly mental wellness programmes for migrant domestic workers (MDWs). the AEA(S) Fun Club features arts and creative activities, which include dance therapy workshops, percussion sessions, and talks about health and self-development.

Clicks, Discovery Health and Auto & General Insurance announce Flexicare for consumers – new affordable private healthcare cover. Press release, February 13, 2023.

Discovery Health, Clicks and Auto & General Insurance have partnered to create an innovative health insurance product for South Africans that provides reasonably priced private day-to-day healthcare cover through the Clicks retail network – Flexicare.

Old Mutual partners with CoverGo to drive digital insurance transformation across Africa. Press release, January 23, 2023.

Old Mutual have formed a strategic partnership through its investment in CoverGo’s US$15 million Series A earlier in 2022. Old Mutual will be able to streamline its insurance ecosystem by launching insurance products in record time, increasing sales through new channels, and improving user experience across 13 countries in Africa.

Now Health International Launches Europe Direct Billing Network. Menafn, March 6, 2023.

From 1st March 2023, Now Health International members in Europe will have access to over 1,000 Direct Billing facilities across the continent, including in the UK. This will give customers the convenience of being able to undergo consultations and medical investigations without needing to pay and reclaim.

Ceylinco General Insurance and SLT-Mobitel offer insurance cover. Sunday Observer, February 19, 2023.

The insurance scheme 'Ceylinco SLT-Mobitel Ananthaya' is for SLT-Mobitel customers.
SLT-Mobitel customers are entitled to a Serious Illness insurance of up to Rs 500,000 and a Personal Accident insurance of up to Rs 1,000,000 for death and total permanent disability due to an accident. SLT-Mobitel Fixed and Mobile users are entitled to these benefits and will receive an annual insurance cover equivalent to five times of their monthly bill value.

Bangkok Bank and AIA invite Thai people to take care of their health with “AIA Vitality” for health-exercise-mission. The healthier you get, the more premiums are reduced, up to 25%. Press release, March 27, 2023.

Bangkok Bank customers who purchase life insurance with participating riders, can apply to be an AIA Vitality member for free. AIA Vitality is a health program developed on a scientific basis to provide advice for members on healthier lifestyles over the long term. Customers can earn a discount of up to 10% for the first premium payment and a discount of up to 25% discount in subsequent years, depending on the member's AIA Vitality status.

Prudential Thailand Joins Hands with AIS Insurance Service to launch "PRUHealthy Plus" with Special Privilege. Press release, February 15, 2023.

Prudential Thailand has collaborated with AIS Insurance Service to launch the PRUHealthy Plus life and health insurance plan. This all-in-one package offers a long-term coverage until the age of 80.

Prudential Thailand joins hands with True Digital to provide telemedicine services to customers. Press release, January 30, 2023.

Prudential Thailand has collaborated with True Digital Group Co., Ltd. (True Digital) to provide telemedicine services ("Telemedicine") through the Mordee application. Customers can choose to call, chat, and make video call (VDO Call), as well as receive a home delivery service for prescribed medicines.

Kenyan insurtech startup Turaco partners with Airtel Uganda, Prudential Assurance to offer low-cost medical insurance. Business News Africa, March 23, 2023.

Turaco has through a partnership with Airtel Uganda and Prudential Assurance to launch a low-cost medical insurance product in Uganda with funeral benefits. Hospital Sente is a low-cost hospital cash insurance product with funeral benefits. The product provides affordable coverage through Airtel’s Mobile money platform by dialling *185*7*6#. The product is underwritten by Prudential Uganda.

Sukoon’ launches new health insurance plans in partnership with Aster DM Healthcare. Press release, February 7, 2023.

Sukoon launches new health insurance plans in partnership with Aster DM Healthcare. ‘Shield Saver’ and ‘Shield Saver Plus’ have been designed with customer convenience and accessibility in mind. customers will have access to 24/7 virtual care with 0% co-pay on GP consultations, lab reports, radiology, and prescribed medicines through the myAster mobile app.

Vitality strengthens its Serious illness offering. Press release, February 9, 2023.

Vitality introduced three new and improved Serious Illness Cover products, with varying levels of cover available: Serious Illness Cover 1X: covering 114 conditions on a severity-basis.Serious Illness Cover 2X: covering an additional 29 conditions to Serious Illness Cover 1X (totalling 143 Serious Illness Cover 3X: Vitality’s premier product, containing all the benefits of 2X, plus an additional 31 lower-severity conditions, covering 174 in total.

Foresters Financial launches Foresters Renew . PR Newswire Europe, January 4, 2023.

Foresters Renew is a new member benefit aligned with Foresters core purpose to enrich the well-being of members, their families and their communities. The grant can be used toward course tuition and course-specific required materials such as books and tools. The Foresters Renew member benefit offers up to 375 grants annually to eligible member applicants.

Careington Expands Telehealth Programs to Include Virtual Primary Care and Psychiatry PR Newswire, March 21, 2023.

The DialCare Physician Access program includes DialCare Urgent Care, a service offering 24/7/365 video and phone access to licensed physicians for non-emergency care. Physicians are available by appointment seven days a week between 8 a.m. and 8 p.m. in every U.S. time zone.

Sun Life U.S. and Goodpath partner to improve treatment for musculoskeletal conditions and long COVID-19. Press release, March 16, 2023.

Sun Life US and Goodpath, a Boston-based digital clinic, have partnered to provide disability members with access to integrative, holistic treatment for back or neck musculoskeletal conditions
Goodpath offers fully personalized, integrative care delivered digitally to address chronic conditions by focusing on symptoms and contributing factors, including secondary mental health issues.

Aflac enhances Individual Hospital Insurance to include mental health coverage. Press release, March 8, 2023.

Aflac has enhanced its hospital insurance product to include income protection for mental health treatment. "Aflac Choice," is designed to help customers with expenses associated with doctor visits, hospitalizations and mental health treatment that health insurance doesn't cover.

Amedisys Partners with BlueCross BlueShield of Tennessee to Provide Palliative Care at Home to Members. Press release, February 15, 2023.

They announced a new agreement with BlueCross BlueShield of Tennessee to provide members in Middle Tennessee with palliative care in the comfort of their homes. Customers can receive palliative care in person or via telehealth.

Scene Health Launches Medication Engagement Program for Hypertension with Focus on Patient-Reported Outcomes (PRO) at Medicaid Innovations Forum Press release, February 8, 2023.

People with hypertension can now remotely share video and audio-recorded reports of blood pressure outcomes with their health plans, providers, and Scene Health's care team. Recent updates to HEDIS measures allow blood pressure readings to be submitted by a patient verbally and captured during a virtual visit.

Blue Shield of California Launches Virtual Blue Benefit Plan Incorporating Primary, Mental Health, and Specialty Care. PR Newswire, January 30, 2023.

Blue Shield of California has launched its Virtual Blue health benefits plan offering members easy-to-access, comprehensive care through a team of "virtual-first" primary, behavioural, and specialist healthcare professionals.

Sentara Healthcare and Ciox Launch Pilot on White House Initiative to Help New Mothers Access their Medical Records Faster and Easier to Improve Care. Press release, January 25, 2023.

Ciox launched a pilot with Sentara Healthcare, an integrated healthcare delivery platform. The Ciox's Patient Request tool makes it faster and easier for expecting and new mothers to access their health records with the simple click of a button.

Amazon launches $5-a-month unlimited prescription plan. CNN News, January 25, 2023.

Amazon launch a $5 monthly subscription service for Prime members in the U.S. that will cover a range of generic drugs. RXPass will launch immediately in most states except California, Texas, Minnesota, and others with specific prescription delivery requirements.

UnitedHealthcare Expands Suite of Behavioral Health Offerings With Virtual Behavioral Coaching. Press release, January 19, 2023.

Effective Jan.1, 2023, the virtual behavioural coaching program, administered by Optum, provides support for adults experiencing symptoms of mild depression, stress, and anxiety.
The virtual behavioural program provides digital modules and 1:1 video or telephonic conferencing and messaging with trained coaches.

Field Trip Health & Wellness Ltd. Announces Launch of Online Therapy. GlobeNewswire, January 12, 2023.

Field Trip Online Therapy is a unique approach to psychotherapy that leverages contemporary talk therapy, integrative wellness tools and insights. This offering is accepted by accepted by major insurance providers and is covered by Aetna, Cigna, Blue Cross Blue Shield, Oxford, United Healthcare, and Oscar Health. Each session will be 53 minutes long and will include talk therapy and additional holistic wellness practices including breathwork, somatic release, visualization, and meditation. Field Trip Online Therapy is now available in New York with plans to roll out to additional states throughout 2023.

Waterdrop and Jemincare Collaborate on the "Digital Service Platform for CKD Patients" PR Newswire, January 4, 2023.

Waterdrop and Jemincare recently reached a cooperation, according to which both sides will jointly launch the "Digital Service Platform for CKD Patients" Jemincare is committed to delivering CKD patients with a better experience in drug use, diagnosis, and treatment by offering services outside hospitals throughout the course of the disease.

Helius Launches UpScript Telehealth e-Commerce Site, Making it Easier for Americans with Multiple Sclerosis to ... Press release, January 3, 2023.

Helius Medical Technologies a new e-commerce site that makes it easier for Americans experiencing issues with their gait to obtain the company’s innovative Portable Neuromodulation Stimulator (PoNS). When combined with an exercise regimen supervised by a physical therapist, the PoNS device improves gait impairment in people with MS.

Gold Kidney Health Plan raises $60 million . PR Newswire, December 27, 2022.

The investment supports Gold Kidney’s Health Plan’s ability to offer new Medicare Advantage plan choices to patients with kidney diseases across the US using a unique Nephrology centric care model. Currently, ESRD (End Stage Renal Disease/Dialysis) Medicare Advantage Chronic Special Needs Plan (C-SNP) plans are only available in 11 States.

AIA Vietnam launches insurance product integrated with health-wellness program. Vietnam News Summary, February 20, 2023.

AIA (Vietnam) Life Insurance Company Limited launched an industry-first life insurance product integrated with a health and wellness program. The program Uplift your life 10+ with Vitality offers better financial and health outcomes to customers with good physical, mental and financial wellness.