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Allianz Worldwide Care announces healthcare plan enhancements following annual product review

  Allianz Worldwide Care announces healthcare plan enhancements following
  annual product review

Business Wire

DUBLIN -- November 30, 2012

Following its annual product review, Allianz Worldwide Care announces
enhancements to its individual healthcare plans as well as new online support
tools for maintaining health and wellness. The company has introduced a range
of deductibles for its Core Plans (which primarily cover in-patient treatment)
for individuals, offering clients an even greater level of flexibility and
choice when it comes to selecting the combination of healthcare plans and
options that best suits their needs. Selecting one of these new deductibles,
which range from €450 to €10,000, will reduce the member’s Core Plan premium,
with the highest deductible option corresponding to a premium discount of up
to 60%.

A number of new health and wellness resources have also been added to the
members’ area of the Allianz Worldwide Care website, providing information and tools to support
members in terms of managing their health. The new resources now available in
the Health and Wellbeing section include access to health risk assessments,
stress and weight management advice, assistance on giving up smoking, advice
about sleeping well as well as tips on fitness and nutrition.

The company’s annual product review includes an analysis of healthcare
premiums, and in line with the company’s commitment to maintaining affordable
premiums, Allianz Worldwide Care has increased its premium base rates by an
average of only 5% for the majority of its group and individual international
healthcare plans. This is significantly below the industry average and can be
attributed to the company’s well established cost containment practices.

Susan Landers, Head of Marketing and Client Management commented: “Listening
to feedback from our clients and understanding their needs is a critical part
of the product review process. People want healthcare plans which can be
tailored to their specific requirements. We also understand the importance of
ensuring that our health insurance remains affordable. Our ability to
proactively monitor and manage the cost of medical treatment and associated
services is what enables us to offer competitive premiums combined with a high
level of service.”


About Allianz Worldwide Care

Allianz Worldwide Care specialises in providing international health insurance
for employees, individuals and their dependants, wherever they are in the
world. As an A+ rated (Standard & Poor’s), wholly owned subsidiary of AA rated
Allianz SE, the company is able to draw on the resources and expertise of one
of the world’s leading insurers and financial services providers.

From a range of in-patient, out-patient and dental benefits, clients can
create a comprehensive international healthcare plan that suits their needs,
including both long term and short term assignments.

Allianz Worldwide Care was the first international health insurance provider
to offer a 48-hour turnaround on submitted medical claims, under its “Clear to
Zero” claims handling initiative. With a 95% client retention rate and a
client base that includes many of the Fortune Global 500 companies, Allianz
Worldwide Care continues to build a reputation for service excellence in
international healthcare.


Media Contacts:
Matt Herbert
Tel: +44 (0) 207 932 1857
Mob: +44 (0) 781 436 5546
Colleen Brayshaw
Tel: +44 (0) 207 932 1872
Mob: +44 (0) 794 679 4223
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