New Partnership moves into Eastern Europe

FIVE new IPMI Plans launch across Eastern Europe

Market leader MediHelp International has partnered with Generali Global Health to launch five IPMI plans aimed at the individual and corporate market across Eastern Europe.

This new partnership is likely to strengthen further Generali’s market placement in the provision of diverse health insurances within Eastern European jurisdictions.

Head of Generali Global Health, Marco Giacomelli said “The partnership with MediHelp International allows us to expand and grow our customer base in Eastern Europe and distribute insurance products to corporates and individuals across the region.”

An initial launch in Romania will take place prior to the five new plans being rolled out to other carefully selected markets across Central and Eastern Europe.

The five products specifically designed to cater for European healthcare needs offer a range of benefits and levels beginning with ‘Blue’, ‘Azure’, ‘Cobalt’, ‘Admiral’ and the highest benefit level ‘Royal’.

The insurance will cover both companies and individuals (under 70 years of age) and will offer a flexible payment term ranging from monthly, quarterly, biannually or annually charges. Premium costs can vary depending on the level of package chosen: from 2 euro/day to 7/euro/day for medical services covering costs up to and between 500,000-1,200,000 euro, available only in Europe, and from 3 euro/day to 40euro/day for medical services costing up to and between 1,500,000 – 3,000,000 euro, which would be available worldwide.

The product will enable the policyholder access to the best international clinics and hospitals. The MediHelp International Plan Insurance already offers access to a network of more than 425,000 private clinics worldwide, partners of Generali Global Health.

Local Generali companies currently present in each of these Eastern European countries together with Generali Global Health will underwrite and manage the insurance risk of the five new MediHelp plans.

With the initial launch planned in Romania, Giacomelli was quoted as saying “Medihelp will also work alongside our colleagues in Generali Romania in a three way relationship. This arrangement offers expats and nationals across the region more choice with quality cover and services when it comes to health insurance.”

Zahal Levy, president of MediHelp International said, “A top priority for MediHelp is to continually supply our customers with the most competitive and comprehensive medical plans available.

“We are constantly reviewing the market in Central Eastern Europe to ensure that we provide the best value, the most flexible, and the most compliant solutions available.

“With Generali’s ability to insure locally, and provide a consistent and high quality level of service all over Europe, MediHelp International will be providing a global platform to deliver best-in-class health services; we believe that our new partnership offers significant enhanced value to our customers”