Israel Personal Accident and Health Insurance In-Depth Study on Latest Developments and Key Opportunities Until 2020

Albany, New York, September 7, 2017: A new study, titled “Personal Accident and Health Insurance in Israel, Key Trends and Opportunities to 2020” has been recently publicized to the wide repository of Market Research Hub (MRH). It offers a thorough analysis of the significant categories in the Israel personal accident and health insurance segment, and market growth forecasts to 2020. With a prime focus on Israel, the study gives a detailed overview of the economy and demographics; and presents detailed information on the country’s competitive landscape. The study offers historical values for the Israeli personal accident and health insurance segment for the 2011 to 2015 review period and projected figures for the 2015 to 2020 forecast period.

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With this report, the readers will gain insights into key regulations currently governing the Israel insurance industry and their impact on companies and the industry’s future outlook. It has been analyzed that every resident of Israel is insured for healthcare under the National Health Insurance Law, through payment of monthly premiums to the National Insurance Institute (Bituach Leumi). Health insurance plans are available for individuals, families, teachers and groups which can include benefits for inpatient, outpatient, dental, maternity, travel and many others.

It has been analyzed that Israel is a country that is proud of their availability of superb and affordable medical care for all the population. According to Medical Tourism Association, in terms of quality of medical facilities and services Israel got the first rank in May 2016. Also, Israel does a lively business catering to the medical needs of wealthy foreigners who choose to come here to receive high-quality medical care.

Moreover, the study delivers an overview of the several distribution channels for personal accident and health insurance products in Israel. Additionally, it presents key highlights on the developments of insurance categories, which include personal accident insurance, travel insurance and health insurance. As per the study key findings, In February 2016, a uniform health policy was allowed in the country by the Ministry of Finance. In May 2017, IDB Development Corporation, who owns a 55.0% share in Clal Insurance Enterprises Holdings, decided to sell 5.0% of its share.

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In the later section, the study profiles the top personal accident and health insurance companies in China and outlines the key regulations that are affecting them. Companies mentioned in the report are Harel Insurance Company Ltd., Phoenix Insurance Company Ltd., Menorah Mivtachim Insurance Ltd., Ayalon Insurance Company Ltd., Clal Insurance Enterprises Holdings Ltd., IDI Insurance Company Ltd., Migdal Insurance Company Ltd., Shirbit Insurance Company Ltd. and AIG Israel Insurance Company Ltd.

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