Expat health insurance premiums to rise up to 15pc

Health insurers expect their premiums to rise between 12 and 15 per cent from April 2011. If you are an Expat with insurance with companies such as Bupa International and Axa PPP, expect a 12 to 15 per cent increase in your rates as of April.

In a bold move, InterGlobal insurance has already increased its premiums by 10 per cent. Explaining this rise in claims, insurance companies claim the rises reflect not only “medical inflation” such as the introduction of new scanning procedures but a rise in the volume of claims.

Here’s an example of how the rise will affect a typical policy; a man aged 45-49 who paid £1,633 for InterGlobal comprehensive cover in Europe for 2010 is now paying £1,796. Worldwide comprehensive cover was £1,814, and is now just short of £2,000 for the same man.

 

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