Evaluating the performance of medical reimbursement products
The Million Medical product has become the most popular medical product in China since its launch in August 2016. This article discusses the rising trend of loss ratios for Million Medical products, the underlying driving force behind the trend, and the potential management measures to be undertaken by insurers to mitigate such risk.
This article originally appeared in Insurance Asia News.
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Evaluating the performance of medical reimbursement products
This article discusses the rising trend of loss ratios for Million Medical products, the underlying driving force behind the trend, and the potential management measures to be undertaken by insurers to mitigate such risk.