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Monday, April 29, 2024

High demand for health insurance due to Covid-19 worries, premiums expected to rise

With the increasing demands for health insurance due to people’s worries over Covid-19, health insurance premiums are expected to grow 1.59% this year, according to the Insurance Commission. Commission secretary-general Suthipol Taweechaikarn says total premiums will see 101 billion baht revenues this year, an increase from 99 billion baht last year. He adds that the Covid-19 situation is a major factor in higher demand for health insurance policies as medical expenses are likely to increase every year. Some insurance companies in Thailand have also found an increasing demand for health coverage policies among their customers, especially those with high purchasing […]

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