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Private health insurance to flourish in China

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25-Aug-16 As incomes rise, many China residents are seeking out better quality care than that provided by public hospitals. They want easier ways to book appointments, shorter waits and greater individual attention from doctors. The demand is expected to drive the private health insurance market to USD165 bn in 2020 from USD36 bn in 2015. [image: South China Morning Post]

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Why foreign nursing home operators struggle to make a profit in China

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19-Aug-16 China’s ageing population has attracted foreign elderly-care services providers but they are struggling to make profits despite the market offering the largest number of senior citizens in the world. Haitong Securities said in a research report that “surging demand and limited affordability” was the major problem facing China’s elderly-care industry today. [image: South China Morning Post]

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Australia's Medibank Health Solutions to be sold off

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10-Aug-16 Medibank Health Solutions, the Australian health management and telehealth services arm of privatised health insurer Medibank Private, is set to be sold off. Likely interested buyers would be healthcare service provider Aspen Medical or another insurer such as Bupa. [image: Medibank]

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AXA first insurer in Asia to introduce live doctor consultations

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04-Aug-16 AXA Singapore has launched a health app that provides users with access to medical advice from GPs via live chat or secure “face-to-face” video call. This is the first time an insurer is offering such a service in Asia. The mobile app will also allow customers to manage their healthcare experience by submitting and tracking their health claims online. [image: AXA]

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Why Chinese healthcare apps are struggling

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27-Jul-16 As of yet, there have been no big business successes in Chinese mobile health. Most apps have failed to generate significant numbers of users, let alone produce much revenue. As investor sentiment cools, many startups are cash poor heading into a painful shake out. China's healthcare system remains overwhelmingly financed by government insurance. [image: AP]

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