Product Trends

HEALTH

HBF Partners with Terrywhite Chemmart to Deliver Health and Wellbeing Services. Press release, March 8, 2022.

HBF has partnered with national pharmaceutical retailer TerryWhite Chemmart. Eligible HBF members visiting one of these pharmacies pay no out-of-pocket fees for an annual flu vaccination, dose administration aids, or a private health check (including body mass index, blood pressure and cholesterol measurements).

MetLife Expands Its Innovative 360Health Solution into Fourth Asian Market. Business Wire, February 8, 2022.

MetLife’s 360Health solution is now available in Bangladesh. Customers can use the new app-based solution to perform a range of simple at-home health assessments and to order medicines. Customers have access to free virtual medical consultations with both general practitioners and specialists.

Too Seguros Offers Benefit to Expand Access to Health. Apolice, March 28, 2022.

In partnership with Avus, Benefício Saúde facilitates access to consultations, exams, and discounts on medicines for customers. For customers who take out a loan with a partner bank, it offers financial protection in case of TPD by accident or death of the insured. The health benefit provides up to 85% discount on consultations. (Text in Portuguese)

Metlife Signs Agreement with Align Technology Do Brasil to Access Metlife Customers to Orthodontists Trained in the Invisalign System. Sonho Seguro, January 27, 2022.

MetLife Dental plan customers will be able to purchase treatment with an Invisalign doctor. Customers will have access to current specialists in dental alignment and orthodontics. (Text in Portuguese)

Canadian Insurtech Samos Introduces 'World-First' Coverage. Insurance Business, March 17, 2022.

The accidental death insurance product covers up to $150,000 in benefits for planned surgical procedures such as scheduled caesarean sections, joint replacement, heart surgery, and common cancer diagnostic procedures. The product is available in Ontario, with plans to expand coverage across Canada.

Equitable Life Signs Cloud DX to Deliver New Remote Monitoring Benefits for Critical Illness Clients. Yahoo Finance, February 14, 2022.

Equitable Life has chosen Cloud DX to provide remote patient monitoring services to critical illness insurance clients. Eligible claimants will receive a Cloud DX Connected Health Kit and monitoring services for up to six months. Cloud DX offers users the ability to take clinical vital sign measurements and participate in two-way feedback via surveys, text messaging, and video calls with a healthcare professional.

Ping an Launches Home-Based Elderlycare Service to Pursue "Finance + Elderlycare" Business Strategy. PR Newswire, March 11, 2022.

Ping An Life has launched an elderly home care service. The one stop elderly care service provides customers with a dedicated concierge, 10 service scenarios, and a single subscription system. The concierge service is supported by a smart risk system that connects health monitoring devices with the concierge platform.

Allianz China Life Signs Cooperation Agreement with German Healthcare Company, Launches Overseas Referral Service. Xinhua Silk Road, February 28, 2022.

Allianz China Life Insurance Co., Ltd. signed a cooperation agreement with Germany's Helios Health GmbH. Its overseas referral service was launched to provide clients with fast passes to Europe's top-notch healthcare resources.

Alan Launches B2B Offering. Coverager, February 9, 2022.

Digital health insurer Alan is launching ‘Alan as a Service,’ a new enterprise offering for insurance companies. With this offering Alan is targeting health insurance companies and captives with less than 400k members. The services provided will include telemedicine and the option to chat to a medical professional.

SmarTone Telecommunications Holdings Ltd. - SmarTone and Cigna Hong Kong Partner to Roll Out “eDoctor” Video Consultation for Family . Yahoo Finance, March 22, 2022.

The partnership will see the launch of "eDoctor" Video Consultation for Family for SmarTone customers. There is a six-month time-limited trial allowing SmarTone 5G customers to access Cigna Hong Kong's range of health services through their mobile devices. The service will give free access to Cigna Telehealth Service. The service also includes health screening, and outpatient discounts at Cigna Hong Kong's Partner Clinics.

Health Journey Guardian. Product Brochure, January 11, 2022.

Health Journey Guardian is a health plan with an issue age of 15 days to 80 years of age. The plan has the first-in-market covers for at-home rehabilitation and at-home hospice care. It also includes cancer benefits and allows up to 30 outpatient visits a year.

Insurance Startup Asteya Launches New Product Offering on Their Technology-First Platform. PR Newswire, March 15, 2022.

The accidental death coverage which includes a two-year policy term length and a one-time payment of up to $500,000. A customer can obtain coverage within minutes.

AXA In India Boosts Telemedicine Helpline with Free Specialist Teleconsultation Feature. Press release, March 10, 2022.

AXA has added a free specialist teleconsultation feature to its telemedicine CSR initiative (Supportive Action Across Telemedicine and Healthcare, or SAATH). SAATH is a ‘One AXA’ public health initiative between AXA France Vie, AXA GO Business Operations, and AXA XL; and provides free general and specialist consultation to more than 25 core people in four states in India. SAATH offers specialists in five areas: Dermatology, Gynaecology, Paediatrics, Orthopaedics, and Oncology.

Future Generali Unveils Gift of Health Product. Infotoday 24, February 8, 2022.

FG Gift of Health is a product which can be gifted by an individual to support staff, domestic help, friends, extended family, or even members of an NGO. The product comes in two options: Future Hospicash and Accident Suraksha. The policy can be gifted to an individual as well as a family.

Aditya Birla Launches New International Health Insurance Plan. ITIJ, January 28, 2022.

The Activ Health Platinium Premiere plan offers complete healthcare both in India and internationally. It covers hospitalisation costs as well as post treatment medical expenses and international second medical opinion. It includes cashless international treatment for 16 major illnesses.

Gulf Insurance Group-Kuwait (GIG-Kuwait) introduces ‘Reaya’ for Expatriate Workers Aged 60+ Years. Product brochure, February 11, 2022.

GIG-Kuwait has launched its ‘Reaya’ health insurance policy. Reaya is a medical policy catering to expatriates working and residing in Kuwait, aged 60 and above with a high school education certificate. The policy offers coverage up to KD10,000 per year and includes in-patient and out-patient benefits.

Prudential Extends Coverage To Children And Youth Under 18 Who May Be Hospitalised For Side Effects Arising From COVID-19 Vaccinations. Press Release, March 18, 2022.

The complimentary PRUSafe COVIDCover benefit will be offered to children aged 5 to 17 years old. The coverage includes S$100 daily hospitalisation cash allowance for up to 14 days. Insureds will also have access to video consultations with a doctor via the Pulse app at a flat fee of S$5 per session.

Discovery Aiming for Low-Income Clients with R350 a Month Primary Cover. News24 online, March 14, 2022.

This private health cover will now be offered at a lower price. Discovery will offer primary care for about R350 a month, giving customers access to a network of doctors, emergency procedures and treatment for chronic conditions including HIV.

Weeks After Launching a Credit Card, Tymebank is Now Into Medical Insurance. News24 online, March 10, 2022.

TymeBank is now selling medical insurance from R139 a month in partnership with the National HealthCare Group. TymeHealth comes in three plans costing R139, R299 and R399 per month, and they cover GP visits. Plans cover the following: blood tests, X-rays, basic dentistry, ambulance services, and acute medicine. The higher-priced plans also offer coverage for specialist visits, chronic medication, and basic optometry,

Discovery Limited - Vitality Health International Introduces Vitality Rewards Across Africa. Press release, February 2, 2022.

Employers operating in Nigeria, Ghana, Kenya, the Democratic Republic of Congo (DRC), and Zambia can now offer their employees access to quality healthcare through benefits offered by Vitality. Vitality will offer employees the ability to link an approved wearable fitness device to the Vitality platform to track their physical activity.

Caser Launches Health Insurance Focused on Boosting Healthy Habits. Mercado Financiero, February 28, 2022.

Caser has launched 'Starbien', a life insurance plan that aims to help policyholders take care of their health and strengthen healthy habits. Starbien includes an app which offers unlimited video consultation services with doctors and specialists. Rewards are offered if targets in monitoring health habits are met. (Text in Spanish)

SCB Introduces New "Value OPD: Full Premiums Back, Worry-Free Ending" Health Insurance Plan. Ryt9, February 1, 2022.

The plan is a health insurance plan that offers 100% premiums back despite medical claims. The plan covers medical claims for both out-patient (OPD) and in-patient (IPD) expenses for up to five family members sharing the same plan. Insurance benefits under this plan can be carried forward for use in the following year.

Loveit Coverit Launches New Travel Insurance Product. ITIJ, February 17, 2022.

Travel insurer loveit coverit launched an all-new product as part of their partnership with AXA. This expansion offers comprehensive, affordable insurance for single and multi-trip cover. The integrated online calculator means customers can customize their policy to their needs. Customers also have a choice of three separate policy tiers - including Essential, Plus and Premium - to help them get the best cover for their needs.

Unum UK To Support Staff with New Reproductive Health Policy to Help Breakthebias. Press release, March 8, 2022.

All female employees at Unum will be offered free access to private healthcare provider Bupa’s Menopause Plan. This includes 45 minutes with an experienced menopause-trained GP, a 15-minute check-in 12 weeks later to talk through changes and improvements, and 24/7 anytime health line for 12 months following their first appointment.

Quantum Health launches new Preferred Partners program to give consumers a better healthcare experience and deliver better results for employers. PR Newswire, March 1, 2022.

The Preferred Partners Program includes partnerships with Hinge Health digital MSK clinic that reduces back and joint pain, surgeries; KidneyLink; and Oshi Health’s virtual-first gastrointestinal care clinic.

Unum Expands Help@hand App to All Life, Critical Illness Customers. IIR, January 20, 2022.

Unum has extended access to its health and well-being app Help@hand to all its Group Life and Critical Illness customers. Help@hand is powered by Square Health. Help@hand provides employees with instant access to five support services, including unlimited remote GP appointments available 24/7, plus mental health support and physiotherapy from qualified mental health professionals and physiotherapists. All are directly accessible through the app and without signposting or triage.

Royal London Extends Helping Hand Wellbeing Services. Press release, January 17, 2022.

New customers who purchase a Royal London Menu Plan will be eligible for a health assessment via Live Smart; access to wellbeing services which include HealthHero 24/7 virtual GP consultations; Thrive (mental health app); Personal Activity Intelligence tool which works with a wearable device; and TrackActiveMe, an app that can help diagnose a musculoskeletal problem.

Healthy.Io and Medica Team Up to Support Kidney Health. PR Newswire, March 16, 2022.

The trial will allow members to test their kidney function at home. Members with diabetes and/or hypertension, two conditions that increase kidney disease risk, will receive free albumin-to-creatinine ratio (ACR) urine tests that can indicate an increased risk for chronic kidney disease (CKD). The test can be taken at home and the results received immediately.

HealthPoint Plus Launches V3.0 of Their Comprehensive Subscription-Based Telehealth Platform. Press release, March 10, 2022.

HealthPoint Plus Version 3.0 is a disruptive subscription-based Telehealth Platform. The platform expands patients’ use of video conferencing tools or telephony to connect with bilingual (English and Spanish) medical doctors and behavioral health care providers. This service is sold on a subscription basis.

Highmark Health Launches Diabetes Management Program. Coverager, February 25, 2022.

Highmark Health is launching Well360 Diabetes Management, a virtual care program for adults with type 2 diabetes, powered by Onduo, a Verily company. The program is fully virtual, accessible from anywhere on any connected device and with no cost to the member.

Superior HealthPlan's Start Smart for Your Baby(R) Program Harnesses Data to Improve Maternal and Newborn Health. PR Newswire, February 15, 2022.

Superior HealthPlan offers enhancements to its Start Smart for Your Baby(R) program. The program is an initiative designed to improve maternal and newborn health and reduce the risk of birth defects. Members enrolled in the program have access to health education, care management, and care coordination.

UnitedHealthcare Dental Launches Digital Resources, Collaboration with Quip, to Help Improve Dental Care. Press Release, February 9, 2022.

The latest offering expands access to 24/7 Virtual Dental Visits to help members meet with a licensed dentist via phone or video. The enhanced virtual dental care benefit is designed to improve access to dental advice anywhere and anytime.

John Hancock Helps Expand Affordable Access to Fresh, Healthy Food for Communities in Need by Matching Vitality Savings. Press Release, February 7, 2022.

John Hancock matches the HealthyFood savings of John Hancock Vitality life insurance customers with donations to Wholesome Waves. Customers participating in the HealthyFood benefit can earn Vitality points as well as discounts on fresh produce at participating grocers.

SiriusPoint’s IMG unveils travel medical insurance cover PTOgo. Life Insurance International, January 6, 2022.

SiriusPoint company International Medical Group (IMG) has launched a new travel medical insurance cover for employers and employees. PTOgo provides cover against accidents and sickness to those on international trips during paid time off. The new cover may cost less than $5.00 a day.

Aflac partners with NeuroFlow to enhance Group Long-Term Disability offering with innovative mental health solution. PR Newswire, February 24, 2022.

NeuroFlow will be available to new and existing clients that have fully insured Group Long-Term Disability policies. NeuroFlow creates a digital experience that offers tailored activities and assessments to help individuals improve their health and track their progress.

Sun Life partners with Teledentistry.com to bring 24/7 dental provider access to members. Coverager, January 05, 2022.

Sun Life U.S. has partnered with Teledentistry.com to bring members 24/7 virtual access to dental providers, whenever and wherever they are. The service is automatically incorporated into members' dental coverage. Members who need a dental consultation can get one quickly from a Teledentistry.com dentist.

Liberty Insurance Vietnam Launches International Healthcare Insurance. Vietnam News Summary, February 17, 2022.

Liberty Insurance has partnered with APRIL International to launch MyHEALTH international healthcare insurance for expatriates and Vietnamese nationals residing in Vietnam through their local agency salesforce. This policy provides comprehensive and fully flexible cover for medical expenses to assist entire families regardless of their location.