Top Middle-eastern and Asian hospitals have monopoly on iPMI cost

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Consistently high margins in middle-eastern and Asian top hospitals are significant barriers in the otherwise buoyant international PMI market, IMG Europe has said.

According to the provider, the main challenge for iPMI growth was containing medical cost  given the influx of expats to those regions at the moment.

Carl Carter , managing director at IMG Europe, said: "The top hospitals in those areas are the ones clients want to receive care in ebacsue they have paid for private cover. The hospitals almost have a monopoly in those situations."

He added IMG preferred the technique of trying to incentivise customers to go into cost effective hospitals rather than taking away choice.

Carter, also chairman of the Association of International Medical Insurance Providers (Aimip), said the iPMI market was very competitive and buoyant currently and UK PMI brokers should not foresee any barriers to entering the market.

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Nicola Culley

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