Those who want to have the comfort of knowing the health insurance covers annual investigations or even treatment in foreign clinics, must take out at least several hundred euros annually of their pockets, but the price of such a policy can go up to as much as several thousand euros. Expats and large corporations' managers are the main clients of "luxury" health insurance, and the number of policies sold annually can reach several hundreds. However, these clients benefit from the best conditions, and insurers do not think twice before paying the bills for some complicated procedures, regardless of where they were performed."The number of policies covering treatment abroad rose visibly last year, but the market has not reached maturity, yet. We can see demand increasing for these products owing to the frequent cases of malpraxis in Romania or of hospitals lacking medical products," comments Cristian Fugaciu, general manager of Marsh insurance broker.
The price of insurance on the basis of which a client has access to treatment abroad starts from 700 euros per year and can reach 2,000-3,000 euros per year on average in the case of complex products. There are however policies without restrictions for insured sums or treatment location that can top 8,000 euros per year.BCE, Citigroup, Comisia Europeana, FMI, Federal Reserve, Germania, Grecia, Irlanda, Marea Britanie, PIB, Rusia, SUA, Spania, Standard and Poor's, Ungaria, Uniunea Europeana, economie, obligatiuni, zona euro
1 comment:
Euro recovers as CPI rise fuels rate hike expectations
* Egypt unrest worries subside but traders cautious
* Pound hits 10-week high as BoE rate hike view simmers
* Aussie eyes RBA's first policy meeting after floods
By Hideyuki Sano
TOKYO, Feb 1 (Reuters) - The euro crept back near a two-month high on Tuesday after a jump in euro zone inflation fuelled expectations of a rate hike and as worries about unrest in Egypt abated slightly.
Surprisingly strong data on factory activity in the U.S. Midwest may also have boosted investor risk appetite, although traders said the market could remain volatile given that uncertainty remains in the Middle East.
The data fanned hopes that more important economic numbers due later this week, such as the manufacturing survey later on Tuesday and Friday's payroll data, could solidify hopes for a stronger recovery.
"I think the market is now generally hoping that payroll data will be pretty strong," said a trader at a Japanese bank.
The euro rose as high as $1.3740 EUR=EBS on trading platform EBS on Monday, a whisker from last week's two-month peak of $1.3760. It last traded at $1.3718, up 0.2 percent on the day.
Some said the euro could renew a march towards $1.40 in the weeks ahead, provided the trouble in Egypt does not spread to other countries.
The euro also kept the gains it made on Monday against the Swiss franc EURCHF=EBS, fetching 1.2930 franc, compared to a two-week low of 1.2780 franc hit earlier on Monday.
Consumer prices in the 17 countries using the euro rose 2.4 percent year-on-year, holding above the ECB's target of just below 2 percent for the second month.
The data helped lift the three-month Euribor rate EURIBOR3MD= to 1.074 percent, its highest since July 2009. [ID:nEAP000437]
European Central Bank President Jean-Claude Trichet has already warned about price pressures and is to speak on Thursday after the ECB's monthly meeting. [ID:nLDE70U14L]
Easing worries about the euro zone sovereign debt crisis and growing expectations that the ECB could hike rates sooner than the Federal Reserve have supported the euro in recent weeks
Post a Comment