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Pacific Prime Unveils Cost of International Health Insurance Report 2024

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Pacific Prime Unveils Cost of International Health Insurance Report 2024
News

News

Pacific Prime Unveils Cost of International Health Insurance Report 2024

2024-11-08 10:02 Last Updated At:10:10

HONG KONG--(BUSINESS WIRE)--Nov 7, 2024--

Pacific Prime, a global health insurance brokerage and employee benefits specialist, has released its annual Cost of International Health Insurance (COHI) Report 2024, analyzing IPMI premiums for individual and family plans across 100 global locations.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241107735497/en/

This year’s report reveals shifting dynamics in the international healthinsurance landscape, covering a variety of significant trends, such as the 56% increase in U.S. premiums, Dubai's escalating costs, and Hong Kong's constant second-place ranking in premiums. Additionally, the report offers insight into how Singapore remains a leader in technology and flexible benefits, as well as the implications of visa reforms in Thailand, which aim to attract expatriates and lower insurance coverage requirements.

Neil Raymond, the CEO and Founder at Pacific Prime, shared:

"Consumers are encountering fewer choices in the IPMI market, as major insurers like Cigna divest licenses and Aetna exits the international space. To remain competitive, brokers must focus on enhancing the value they bring to their services.”

The report indicates that the average IPMI premiums for individual plans, which varied from USD $3,900 in Poland to USD $15,296 in the US, and family plans, which varied from USD $10,710 in Poland to USD $34,152 in the US, were evaluated from 100 locations and driven by multiple factors.

These factors discussed in the article include:

For more information on how global inflation, insurer exits, and healthcare overutilization are reshaping international health insurance markets, download the COHI Report 2024.

About Pacific Prime

Established in 2000, Pacific Prime is an award-winning global insurance brokerage and employee benefits specialist that offers individual and corporate insurance solutions. With a USD $1 billion premium under management, Pacific Prime is now the third largest employee benefits broker in the Asia Pacific after acquiring CXA Group’s brokerage arms in 2021. The brokerage has over 1,000 employees and 15 offices worldwide, including Hong Kong, Singapore, China, Thailand, Malaysia, the UAE, Indonesia, the UK, the US, Mexico, the Philippines, and Australia.

To learn more about Pacific Prime, please visit: https://www.pacificprime.com/corporate

A visual overview of Pacific Prime's findings on the average costs of international health insurance and premium trends in 2024. (Graphic: Business Wire)

A visual overview of Pacific Prime's findings on the average costs of international health insurance and premium trends in 2024. (Graphic: Business Wire)

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Who is Susie Wiles, Donald Trump's new White House chief of staff?

2024-11-08 10:05 Last Updated At:10:10

WASHINGTON (AP) — With her selection as President-elect Donald Trump 's incoming White House chief of staff, veteran Florida political strategist Susie Wiles moves from a largely behind-the-scenes role of campaign co-chair to the high-profile position of the president's closest adviser and counsel.

She's been in political circles for years. But who is Wiles, the operative set to be the first woman to step into the powerful role of White House chief of staff?

The daughter of NFL player and sportscaster Pat Summerall, Wiles worked in the Washington office of New York Rep. Jack Kemp in the 1970s. Following that were stints on Ronald Reagan's campaign and in his White House as a scheduler.

Wiles then headed to Florida, where she advised two Jacksonville mayors and worked for Rep. Tillie Fowler. After that came statewide campaigns in rough and tumble Florida politics, with Wiles being credited with helping businessman Rick Scott win the governor's office.

After briefly managing Utah Gov. Jon Huntsman's 2012 presidential campaign, she ran Trump's 2016 effort in Florida, when his win in the state helped him clinch the White House.

Two years later, Wiles helped get Ron DeSantis elected as Florida's governor. But the two would develop a rift that eventually led to DeSantis to urge Trump's 2020 campaign to cuts its ties with the strategist, when she was again running the then-president's state campaign.

Wiles ultimately went on to lead Trump’s primary campaign against DeSantis and trounced the Florida governor. Trump campaign aides and their outside allies gleefully taunted DeSantis throughout the race — mocking his laugh, the way he ate and accusing him of wearing lifts in his boots — as well as using insider knowledge that many suspected had come from Wiles and others on Trump’s campaign staff who had also worked for DeSantis and had had bad experiences.

Wiles had posted just three times on X this year at the time of her announcement. Shortly before DeSantis dropped out of the presidential race in January, Wiles made a rare appearance on social media. She responded to a message that DeSantis had cleared his campaign website of upcoming events with a short but clear message: “Bye, bye.”

Joining up with Trump's third campaign in its nascent days, Wiles is one of the few top officials to survive an entire Trump campaign and was part of the team that put together a far more professional operation for his third White House bid — even if the former president routinely broke through those guardrails anyway.

She largely avoided the spotlight, even refusing to take the mic to speak as Trump celebrated his victory early Wednesday morning.

But she showed she was not above taking on tasks reserved for volunteers. At one of Trump’s appearances in Iowa in July of last year, as the former president posed for pictures with a long line of voters, Wiles grabbed a clipboard and started approaching people waiting to get them to fill out cards committing to caucus for Trump in the leadoff primary contest.

“If we leave the conference room after a meeting and somebody leaves trash on the table, Susie’s the person to grab the trash and put it in the trash can,” said Chris LaCivita, who served as campaign co-chair along with Wiles.

Another of her three posts on X this year was in the closing days of the campaign, clapping back after billionaire Mark Cuban remarked that Trump didn’t have “strong, intelligent women” in his orbit. After Wiles’ selection as White House chief of staff, Sen. Marco Rubio of Florida, a Trump backer, quipped on X that the president-elect had chosen a “strong, intelligent woman” as his chief of staff.

Wiles was able to help control Trump’s worst impulses — not by chiding him or lecturing, but by earning his respect and showing him that he was better off when he followed her advice than flouted it. At one point late in the campaign, when Trump gave a widely criticized speech in Pennsylvania in which he strayed from his talking points and suggested he wouldn't mind the media being shot, Wiles came out to stare at him silently.

Trump often referenced Wiles on the campaign trail, publicly praising her leadership of what he said he was often told was his “best-run campaign.”

“She’s incredible. Incredible,” he said at a Milwaukee rally earlier this month.

In his first administration, Trump went through four chiefs of staff — including one who served in an acting capacity for a year — in a period of record-setting personnel churn.

A chief of staff serves as the president’s confidant, helping to execute an agenda and balancing competing political and policy priorities. They also tend to serve as a gatekeeper, helping determine whom the president spends their time and to whom they speak — an effort under which Trump chafed inside the White House.

Trump has repeatedly said he believes the biggest mistake of his first term was hiring the wrong people. He was new to Washington then, he has said, and didn’t know any better.

But now, Trump says, he knows the “best people” and those to avoid for jobs.

Associated Press writers Michelle L. Price and Zeke Miller in Washington and Jill Colvin in West Palm Beach, Florida, contributed to this report.

Meg Kinnard can be reached at http://x.com/MegKinnardAP

FILE - Trump co-campaign manager Susie Wiles is seen at Nashville International Airport as Republican presidential candidate former President Donald Trump arrives, July 27, 2024, in Nashville, Tenn. (AP Photo/Alex Brandon, File)

FILE - Trump co-campaign manager Susie Wiles is seen at Nashville International Airport as Republican presidential candidate former President Donald Trump arrives, July 27, 2024, in Nashville, Tenn. (AP Photo/Alex Brandon, File)

Susie Wiles watches as Republican presidential nominee former President Donald Trump speaks at a campaign rally in Lititz, Pa., Sunday, Nov. 3, 2024. (AP Photo/Evan Vucci)

Susie Wiles watches as Republican presidential nominee former President Donald Trump speaks at a campaign rally in Lititz, Pa., Sunday, Nov. 3, 2024. (AP Photo/Evan Vucci)

Republican presidential nominee former President Donald Trump brings Susie Wiles to the podium at an election night watch party Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Alex Brandon)

Republican presidential nominee former President Donald Trump brings Susie Wiles to the podium at an election night watch party Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Alex Brandon)

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