Product Trends

HEALTH

AIA NZ Rolls Out Enhancements to AIA Living Trauma for Children. Press release, December 9, 2022.

AIA NZ has added a suite of enhancements to its AIA Living Trauma product range, which focused on broadening the cover available for children. The Built-In Children’s Trauma and Optional Children’s and Maternity Benefits will now provide cover for children from three months to 21 years old. They have also introduced a new Children’s Congenital Conditions Benefit to the Optional Children’s and Maternity Benefit.

Healthier Clients, Healthier Business with AIA Vitality. Press release, October 10, 2022.

AIA NZ announced the launch of the AIA Vitality Value Calculator. The calculator is an interactive tool designed to help advisors show clients the benefits and rewards available from the AIA Vitality program.

Bupa Launches “Life Rewards” – Its Supercharged Rewards and Loyalty Program. Press release, October 14, 2022.

Bupa’s new member loyalty program is the first of its kind for a large health insurer, offering access to a rewards store, discounts, and experiences. Life Rewards comprises five membership tiers, and members can unlock elevated offers within each tier the longer they’re a Bupa member.

Manulife and Shoppers Drug Mart Collaborate to Help Manage Serious Medical Conditions. Canada Newswire, October 20, 2022.

Manulife enhanced its industry-leading Specialty Drug Care program by announcing the addition of a new collaboration with Shoppers Drug Mart. The program facilitates convenient access to higher-cost specialty medications for Manulife Group Benefits customers. It also provides extra care and support for patients managing complex medical conditions, such as cancer, cystic fibrosis, and multiple sclerosis.

German Sanatorium and Isapre Esencial Announce Agreement to Deliver Specific HealthPlans. Biobio Chile, November 14, 2022.

The six unique plans focused on well-being and prevention for the inhabitants of the regions of Bío Bío, La Araucanía, Los Ríos, and Los Lagos. The hospital and outpatient coverage will be without limits, with a GES and CAEC networks. Its regional affiliates will have access to Betterfly, a platform that delivers nutrition tools, meditation, and fitness classes. It also offers BetterCoins, the app’s virtual currency, which one can use to support social causes. (Text in Spanish)

Digital Sleep Improvement Program, a Major Milestone in Championing Sleep as Preventative Care. Press release, November 14, 2022.

A digital sleep improvement program has been launched that can be certified by a government body for up to 100% reimbursement by health insurers. The SleepScore program is primarily delivered through an app that includes accurate sleep tracking without the need to buy additional wearables.

AXA Launches “MediEnhancer Supplement”. PR Newswire, October 3, 2022.

MediEnhancer is offered exclusively to customers with qualified AXA medical insurance policies. The plan offers up to 4% p.a. Guaranteed Returns helping customers cope with medical inflation. Customers may choose a notional amount based on three or five times the annual premium of the associated medical plan.

Newly Launched Reliance Health Infinity Policy Offers High Sum Insured up to ₹5 Crores, Medical Equipment, Planned Global Treatments, Maternity Cover, and Many Limitless Benefits. Pelikken December 16, 2022.

The Reliance Health Infinity Policy offers limitless benefits. This unique product comes loaded with a high sum insured up to ₹5 crores. Some of the superior features include MoreGlobal Cover, Maternity Cover, OPD Cover, unlimited restoration of the sum insured, and 15 plus useful add-on benefits. It also rewards customers for being both physically and financially fit.

Star Health Launches Policy for Outpatient Expenses with One-Year Term. CNBCTV, November 30, 2022.

The Star Outpatient Care policy can cover up to six family members. The entry age is 18 to 50 years for adults and 31 days to 25 years for children.

Care Supreme Unveiled. Financial Express, November 24, 2022.

The Care Supreme Plan offers access to world-class healthcare. The plan offers an unlimited automatic recharge of Sum Insured to cover multiple hospitalizations for previously treated or new illnesses. The plan also offers unlimited access to Online Fitness and Wellness and Nutritionist sessions.

Aditya Birla Health Insurance Launches New Health Policy Active Fit: Check Offers. Business Today, October 31, 2022.

ACTIV FIT is a comprehensive health insurance plan for young, healthy adults. The plan will target health-aware and active consumers. The policy offers mental care coverage, HIV/AIDS and STD, day care treatments, pre-hospitalization and post-hospitalization, and road ambulance cover.

Future Generali's New Health Insurance Offers Global Treatment, Cashless Facilities. News 18, October 19, 2022.

The FG Health Elite health insurance plan offers individuals the choice of the sum insured in multiples of Rs. 50 lakhs, ranging from Rs. 75 lakhs and Rs. 1 crore to Rs. 6 crores. The policy has a one- to three-year term with a lifetime renewal option.

Tata AIA Launches Vitality, a Globally Renowned Holistic Wellness Program. Press release, October 13, 2022.

The Tata AIA Vitality program is available through its rider packages, Vitality Protect and Vitality Health. The program is accessible through an app policyholders can use to avail health check-ups and adopt wellness activities, thereby benefiting from healthier lifestyles.

Prudential Introduces PRUFirst, an Essential First Protection Plan for the Dynamic Lifestyles of Gen Zs. Press release, October 11, 2022.

PRUFirst is a solution tailored to be the essential first protection plan for Gen Zs. It starts with 5-in-1 protection with Medical, Accident, Life/ TPD and Payor benefits to protect Gen Zs against the financial impact of unexpected life events. The plan is tailored to young adults aged 19 to 30 years.

Yufin Announces Partnership with Gigacover as it Tops 15,000 Merchant Sign-Ups in the Philippines. Yahoo Finance, October 27, 2022.

Under the partnership, small businesses on the yufin platform in the Philippines can access Gigacover health insurance products tailored to their needs at the touch of a button. The easy-to-use yufin app enables SMEs to manage transactions and payments.

HNB Assurance Launches Supremehealth Unlimited Medical Rider Cover. Daily News (Sri Lanka), November 3, 2022.

HNB Assurance PLC (HNBA) recently launched its SupremeHealth Unlimited, an all-inclusive medical rider cover. There is a selection of 28 plans, which include a worldwide Cashless Claims Settlement service.

Digital Mental Health Company, ThoughtFull, Partners with FWD to Provide Science-Backed and Technology-Enabled Mental Health Solutions for Customers in Hong Kong and Thailand. PR Newswire Asia, December 16, 2022.

Thoughtfull and FWD launched the Mind Strength Support program to provide individuals with a convenient, confidential way to access digital solutions to strengthen their mental health.

DNI Explores International Private Medical Insurance (IPMI) Product Space with New Partnerships with Neuron and AXA PPP Healthcare. Press release, November 11, 2022.

Dubai National Insurance (DNI) has partnered with Neuron, a leading medical Third Party Administrator (TPA) in the UAE, and AXA PPP Healthcare. The partnership will launch a wide range of International Private Medical Insurance (IPMI) products in the UAE.

Monthly Subscription Model for Diabetics Set to Launch in UAE . TradeArabia, October 18, 2022.

GluCar Health is launching its value-based, insurance-free monthly subscription model for the management of diabetes in the UAE next month. The subscription allows patients unlimited access to GluCare Health's diabetes-related services, both physical and virtual. Physical services include all required physician consultations, laboratory tests, and imaging. Continuous glucose monitors and wearables are also included.

Al Ain Ahlia Insurance Launches School and Family Care Package. Zawya, October 1, 2022.

Al Ain Ahlia Insurance Company rolled out its first pre-underwritten, 100% digital product called the “School and Family Care Package.” The package covers loss of life, permanent total disability, or terminal illness with the added benefit of involuntary loss of employment for families within the UAE.

Axa Health Trials Discounted Urgent Care Centre Service to Prevent A&E Visits. Health & Protection, November 7, 2022.

AXA Health has revealed that it will be trialling a new service that offers members access to urgent care centres. The service will be trialled in London before being rolled out across the UK next year. The service usually costs £100, but eligible members will receive a code to obtain the service for £25.

National Friendly Launches PMI for Extensive Range of Ages, Lifestyles, and Budgets. Press release, November 3, 2022.

My PMI offers four levels of cover available to customers aged between 18 and 85 years of age. My PMI affords quick access to a range of private healthcare services, according to the level of policy chosen. Services include primary care and diagnostics, including 24/7 GP as a standard, to both in- and outpatient treatment.

New Online Neurodiversity Assessment Service First of Its Kind. Press release, October 4, 2022.

AXA Health has developed an innovative Neurodiversity Assessment and Support service to help neurodivergent members harness their strengths and manage challenges and to assist in creating more inclusive workplaces. The online service, supported by ProblemShared, will offer an initial needs assessment and, when appropriate, diagnosis, and a package of post-assessment support. The benefit has been available to corporate schemes since early October 2022.

Lincoln Financial Group Enhances Supplemental Health Suite with Expanded Hospital Indemnity Insurance Coverage. Business Wire November 30, 2022.

Lincoln Financial Group enhances its supplemental health suite with expanded Hospital Indemnity insurance coverage.
The enhancements include two family-focused newborn care options and an additional benefit for healthcare clients, including coverage for treatment at an employer-affiliated hospital.

Strive Health and Southern California Kidney Consultants (SCKC), the Largest Nephrology Group in Orange County, California, Launch Innovative Partnership to Improve Kidney Care. Business Wire, November 2, 2022.

The partnership includes 21 providers, based primarily in Orange County, who serve 5,000 patients with chronic kidney disease (CKD) and end-stage kidney disease (ESKD). Strive will provide SCKC with access to data and technology resources, administrative support, management expertise, and an interdisciplinary clinical care team that includes nurse practitioners, dietitians, pharmacists, care coordinators, and licensed clinical social workers.

United Healthcare Expands Its Individual and Family Plan Footprint in the Health Insurance Marketplace – Offering Affordable Benefits in 22 States for 2023. Press release, October 27, 2022.

United Healthcare announces its 2023 Individual and Family Plans in the Health Insurance marketplace. The benefits may include $0 unlimited primary care and $0 unlimited virtual urgent care. Other benefits include dental and vision coverage, prescriptions as low as $3, deductibles as low as $0, and complimentary digital fitness classes. Customers have an opportunity to earn a $100 gift card.

Humana, Monogram Health Announce New Agreement That Enhances In-Home Kidney Care in Four States. Press release, October 26, 2022.

Monogram Healthopens and Humana have announced a new value-based care agreement for most Humana Medicare Advantage HMO and PPO plan members who live with CKD in four states. Members can now access Monogram’s resources, which include in-home primary and specialty care visits, medication management, dialysis and transplant coordination, palliative care, and social services.

Cigna Expands Its Medicare Advantage Plans for 2023, Giving Americans More Health Care Choices, Personalization, and Social Support. Press release, October 23, 2022.

New or enhanced plan features, which vary by market, include the Cigna Healthy Today flex card. The card can include up to $200 in wellness incentives, a caregiver support program, a companionship support program, and Part B rebate plans.

Humana Announces Major Expansion of Florida Dental Network Benefits. Press release, October 17, 2022.

Humana is enhancing its 2023 dental benefits and significantly increasing the number of dentists available to its Florida Medicare Advantage members. Floridians enrolled in a 2023 Humana HMO or PPO Medicare Advantage plan will have access to the Florida GoldPlus Dental Network. The enhancements also include an expansion of coverage for dental procedures and flexible payment methods.

Aflac Dental, Vision and Hearing Plans Now Available to Individuals Outside the Traditional Worksite. PR Newswire, October 13, 2022.

The new Aflac Dental, Vision, and Hearing product includes three plan tiers so that individuals can select the coverage that best meets their needs. Additionally, all plans offer preventive service benefits with no out-of-pocket costs.