Hong Kong-based IPMI specialist Now Health International has launched what it calls a “major upgrade” to its flagship WorldCare product.
The newly-titled Enhanced WorldCare will now offer a more simplified annual deductible structure and higher benefit limits in what the company calls the “most comprehensive product review since Now Health International launched in 2011”. Its strategic global reinsurance partnership with Reinsurance Group of America (RGA) announced last year, has also enabled the company to offer what it calls “sharper prices” on select plans in certain jurisdictions.
“The new simple annual deductible, enhanced core benefits and added value services, all speak to the heart of our mission to offer a more accessible approach to international health insurance,” said Martin Garcia, CEO of Now Health International/Best Doctors Insurance.
The enhanced WorldCare product will now be based around a new annual deductible structure rather than a per medical condition excess. This “simpler” approach “aligns with industry best practice”, the company said in a statement announcing the changes.
Via the increased benefit limits, diagnostic procedures, renal treatment, chronic conditions and routine maternity benefits have all been increased. The company is also introducing new partnerships to deliver “a range of added value services” which will be available across all four WorldCare products.
These include: A Second Medical Opinion via Interconsultation® from Best Doctors Inc, ensuring members get the right diagnosis and the right treatment; Crisis Management Service and health and safety alerts in conjunction with red24; and Global Concierge Service team to support members seeking treatment overseas.
The Now Health International Group consists of Now Health International and Best Doctors Insurance. Now Health International is one of the fastest growing providers of International Private Medical Insurance (IPMI) solutions for global expats, high-net-worth individuals and companies.
Now Health has offices in the UK, UAE, China, Hong Kong, Singapore and Indonesia. Best Doctors Insurance is a Bermuda/ Miami based major medical insurance provider with distribution throughout Central and Latin America, the Caribbean and Canada.