Morgan Price Health Insurance in China
Morgan Price is a privately held company that was founded in 1999. They are currently headquartered in Wymondham, Norfolk. They are best known as an MGA or MGU, meaning they are not an insurer, but rather act on behalf of insurers with a certain amount of delegated permission from that insurer. They specialize in health insurance plan design, administration and claims management, reinsurance, international healthcare, and IPMI
Area of Cover:
Morgan Price has offices in the UK, UAE, and Hong Kong. They place particular focus on the Middle East and the Far East. Different products have different coverage areas, but the array of areas covered are 1. Europe, 2. Worldwide (excluding USA, China, Singapore, and Hong Kong), 3. Worldwide (excluding the USA) and 4. Worldwide.
Morgan Prices Products include Evolution Health, Evolution Health Asia Pacific, GulfHealth (UAE) and ExpatLifeCare.
Evolution Health aims to simplify the process of purchasing the cover needed by their clients and making it more cost effective. Evolution Health offers coverage worldwide except for Asia. This plan has 5 levels of coverage each including these core aspects: in-patient and day patient treatment, cancer cover, emergency evacuation benefit, use of any hospital within your area of protection. The levels of cover then increase in coverage level and value from here. This product is offered in all four of their areas of cover.
Evolution Health Asia Pacific is their product for the Asia Region. This plan offers the benefits of Evolution Health within this specific region. With the same core benefits and coverage levels as Evolution Health. This product provides coverage regions 2,3 and 4.
The GulfHealth (UAE) plan is an individual plan for individuals and families or a corporate plan for company purchase. National Takaful Company PJSC insures this plan, and a Third Party Administrator deals with the claims.
Their ExpatLifeCare Term Insurance Policies are designed to provide a client with continuous coverage until retirement age or end of their required period of cover. Covering clients of any nationality with addresses in the EU and certain other countries; these policies are designed to cover an array of occupations, locations, and circumstances. They have individual rates for smokers and nonsmokers. The plans are annually renewable for periods of one year and up to five years.