Premiums’ Annual Change: Likely Key Drivers
Constantia is launching with premiums which are competitive, reflect local medical risk profiles and will be fixed until the end of 2019.
|Year||2016||2017||2018||2019||Average Annual Premium % Change|
|Ethiqal Premium (excl. vat)||BASE INDEX 2017 = 100||100||100||100||0%|
|Market Premium Illustration||111-120||121-130||131-145||+9%|
- Pricing cycle: calendar year (January to December).
- Risk rating by specialty (practice type).
- Risk loading: claim history & mitigating actions.
EthiQal estimated premium savings of 30% + in 2019.