Personal Accident and Health Insurance in Luxembourg to 2017:Latest Industry Size Research Report

Submitted by: Submitted by

Views: 94

Words: 1808

Pages: 8

Category: Business and Industry

Date Submitted: 03/02/2014 10:35 PM

Report This Essay

Personal Accident and Health Insurance in Luxembourg, Key Trends and Opportunities to 2017 Synopsis The report provides in-depth market analysis, information and insights into the Luxembourg personal accident and health insurance segment, including: The Luxembourg personal accident and health insurance segment’s growth prospects by insurance categories Key trends and drivers for the personal accident and health insurance segment The various distribution channels in the Luxembourg personal accident and health insurance segment The detailed competitive landscape in the personal accident and health insurance segment in Luxembourg Detailed regulatory policies of the Luxembourg insurance industry A description of the personal accident and health reinsurance segment in Luxembourg Porter's Five Forces analysis of the personal accident and health insurance segment Executive summary Luxembourg has one of the most comprehensive healthcare systems in the world. It offers virtually unrestricted access to its population. Luxembourg is also ranked amongst the leading ten countries in the world, in terms of per capita healthcare expenditure. Government-funded free basic healthcare is provided to every citizen. The total health spending, as a percentage of GDP (gross domestic product), was about 7.8% in 2012. The Caisse Nationale de Santé (National Health Fund) collects funds for the 97.0% of the population that, as of 2012, was covered by public health insurance in 2012. However, private health insurance services act as a supplement to state health insurance. Private insurance is mainly for medical expenses outside Luxembourg, as well as dental and optical care, which are not covered by the state health insurance. Pressure on government finances and increasing awareness of health insurance due to rising life expectancy will continue to support the demand for personal accident and health insurance products over the forecast period (2012–2017). Scope This report...