15-Feb-17 Medical insurers are seeing a surge in demand for private insurance that offers cross-border health cover. This market is growing by 15-25% per year, and could be worth as much as USD144 bn globally. The challenge for the insurance industry is identifying who might need a policy that covers international travel for medical treatment, and why. [image: AXA PPP International]

14-Feb-17 Singapore has a reputation for first-class healthcare, and is a major location for medical tourism. With 610,000 people over 65 by 2020, the government has embraced technology to improve productivity. It sounds like a brave new world, but there are warning signs that must not be ignored. The main concern is the ease with which IoT devices can be hacked. [image: Empire Media]

09-Feb-17 Medical tourism was once a potential key driver of the economy, but it has been increasingly difficult for Singapore to maintain its position due to ever-rising costs. The standard of care is superb. But there is a lack of transparency in private hospital fees, which contain many hidden charges. Foreign patients are put off by the costly accommodation and transport. [image: IMTJ]

07-Feb-17 Singapore-based health technology startup CXA Group, which offers an employee benefits and wellness marketplace platform, has raised USD25 mn in Series B funding in a round led by B Capital Group and EDBI. The SaaS platform uses health screening, lifestyle risks, and data from claims and wearable sensors to predict future premium costs. [image: CXA Group]

26-Jan-17 Verily, the Alphabet subsidiary formerly known as Google Life Sciences, has raised USD800 mn in funding from Temasek, the Singapore government investment company. "Proceeds may be used to support our growth in key strategic areas, including potential acquisitions, investment in partnerships and developing new opportunities on a global scale," according to a spokesperson for Verily. [image: Verily]