What is the scope of this report?

The report efficiently evaluates the market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competitive landscape of the industry. Read More

Which segments covered in this report?

Market is segmented by Types, Applications, Technology, End-use Industries, and Regions. Read More

What are the key factors covered in this report?

The report presents the current market size, and market forecast, market opportunities, key drivers and restraints, regulatory scenario, industry trend, PESTLE analysis, PORTER’s analysis, new product approvals/launch, promotion and marketing initiatives, pricing analysis, competitive landscape which help businesses in decision making. The analysis data is based on current and historical market trends which help in investment related decisions. Read More

Synex Korea Healthcare Business Issue Report - Private Medical Insurance 2022

Q: Does this report offer customization?

Custom research is crucial components of the business strategy which helps any organization to gain insight into specific business sector, aligned with specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs. Read More

Report Code : 1017468
Industry : Healthcare and Pharmaceuticals
Published On : Dec 2022
Pages : 118
Publisher : Synex Consulting Ltd
Format:

In Korea, Private Health Insurance means private insurance plans introduced to supplement the National Health Insurance Service, the nationwide public health insurance system.
When the insured with illness or injury receive medical treatments such as hospital stay, out-patient care or prescription drugs, PHI compensates the loss caused by actual medical expenses (i.e. copayment rate of NHIS reimbursement items plus 100% copayment rate of non-reimbursement items).
Currently, PHI plans are divided into four segments as follows depending on the characteristics of the insured such as age and medical history: (1) Standard plan, (2) Old-age plan, (3) Underlying-condition plan and (4) Overseas-travel plan.

As of 2022, the market size of PHI in Korea is estimated to be approximately *** million contracts in terms of cumulative number of conclusions. This estimation is based on the assumption that the average annual growth will continue to be *** % (CAGR of 2018-2021) from around *** million contracts in 2021.
This represents about *** % of the whole population (*** million persons) covered by the NHIS in Korea. In other words, *** out of *** Koreans have private indemnity health insurance plans.

Glossary of Key Terms and Concepts
Disclaimer
Preface
Executive Summary

1 Understanding Private Indemnity Health Insurance
1.1 PHI Types
1.2 Payment Methods
1.2.1 Supporting Documents for PHI Claims
1.3 Structural Issues

2 Market Overview
2.1 NHIS Reimbursement Volume
2.1.1 NHIS Medical Expenses and Coverage Rates
2.2 Market Size of PHI
2.2.1 Number of Current PHI Contracts and Premium Revenues
2.2.2 Number of New PHI Contracts
3 Changes in PHI Coverage
3.1 Changes in NHIS Reimbursement Coverage
3.2 Changes in PHI Benefits not Covered
3.2.1 Special Cases Designated as Critical Illness
3.2.2 Out-of-Pocket Maximums
3.2.3 Long-term Care Insurance for Seniors

4 Overtreatments & Claims of Non-Reimbursement Procedures
4.1 Manual Therapy
4.2 Extracorporeal Shock Wave Therapy
4.3 Prolotherapy
4.4 Magnetic Resonance Imaging (MRI) Diagnostics
4.5 Cataract Surgery
4.6 HIFU (High Intensity Focused Ultrasound) Therapy
4.7 Nasal Valve Repair
4.8 Vacuum Assisted Breast Biopsy
4.9 Varicose Vein Surgery
4.10 Thyroid Radiofrequency Ablation
4.11 MD Creams
4.12 Likely Scenario for Strengthening Review Criteria

5 Business Strategy Suggestions for Leveraging PHI
5.1 Therapeutic Material Pricing and Eligibility for PHI
5.2 Pharmaceutical Product Pricing and Eligibility for PHI
5.3 Conclusion

Aviation Emergency Medical Services Market Size And Share Analysis - Growth Trends And Forecasts (2024-2031)

Price : US$ 3500	Date : Nov 2024
Category : Healthcare and Pharmaceuticals	Pages : 111

Small Business Payroll Service Market Size And Share Analysis - Growth Trends And Forecasts (2024-2031)

Price : US$ 3500	Date : Nov 2024
Category : Services	Pages : 120

Rehabilitation Medical Information Management System Market Size And Share Analysis - Growth Trends And Forecasts (2024-2031)

Price : US$ 3500	Date : Nov 2024
Category : Healthcare and Pharmaceuticals	Pages : 143

Rehabilitation Medical Services Market Size And Share Analysis - Growth Trends And Forecasts (2024-2031)

Price : US$ 3500	Date : Nov 2024
Category : Healthcare and Pharmaceuticals	Pages : 129

Medical Device Injection Molding Market Size And Share Analysis - Growth Trends And Forecasts (2024-2031)

Price : US$ 3500	Date : Nov 2024
Category : Medical Devices	Pages : 115

Choose License Type

Happy To Assist You

We will be happy to help you find what you need. Please call us or write to us:

Email
sales@worldwidemarketreports.com
United States Of America

+1-415-871-0703
United Kingdom

+44-203-289-4040
Australia

+61-2-4786-0457
INDIA

+91-848-285-0837

Frequently Asked Questions

What does this report covers?

This report incorporates the analysis of factors that augments the market growth. Report presents competitive landscape of the global market. This also provides the scope of different segments and applications that can potentially influence the market in the future. The analysis is based on current market trends and historic growth data. It includes detailed market segmentation, regional analysis, and competitive landscape of the industry.

Does this report estimates the current market size?

The report efficiently evaluates the current market size and provides industry forecast. The market was valued at xxx Million US$ in 2019, and is expected to grow at a CAGR of xx% during the period 2020-2027.

Does the report provides Market Size in terms of – Value (US$ Mn) and Volume (Thousands Units)?

The report efficiently evaluates the current market size and provides forecast for the industry in terms of Value (US$ Mn) and Volume (Thousands Units).

What are the key segments offered in this report?

Market is segmented by:

Which market dynamics covered in this report?

The report share key insights on the following:

It helps the businesses in making investments decisions.

Does this report offer customization?

Customization helps the organization to gain insight on specific segments and regions of interest. Thus, WMR offers tailored report information based on business requirement in order to take strategic calls.