Bupa Global and MAPFRE Launch #iPMI Plans and Working Alliance in #LatinAmerica
Video Link: https://www.youtube.com/watch?v=kZyW-T0DKDU
Bupa, and Mapfre have launched #IPMI plans in?#Paraguay.
Mapfre policyholders in?Paraguay?will have access to the global health network of Bupa.
Mapfre Paraguay sells the plans.
Paraguay has a population of 6.9 million and a small expat population.
The local economy depends on agriculture so is vulnerable to increasing frequency and intensity of droughts, floods, and storms.
A growth rate of 4.8% is projected for 2023, with 4.0% growth expected for 2024 and 2025.
There have been large private investment projects, positive agricultural and hydroelectric energy export results, and increased private consumption due to inflation moderation.
Corruption is widespread and Paraguay is a centre for smuggling, money laundering and organised crime.
A small elite controls almost everything.
The economy depends on agriculture.
The government welcomes foreign investment.
Plans for universal healthcare have been long delayed due to political infighting and lack of funds.
The only in country competitors on IPMI could be Fosun subsidiary La Positiva Seguros with plans to launch IPMI.
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