Parametric insurance: A captivating solution
Parametric policies, which pay based on the magnitude of an event, can bridge coverage gaps that are difficult to insure with a traditional indemnity policy.
As actuarial professionals from different parts of the world, we summarize our country-specific experiences with health insurance coverage in the gig economy. Our combined experience represents a mix, such as big and smaller economies and populations, national health and market-driven health insurance, and younger and older age groups. We cover:
Health coverage in the Gig Economy – Experience from several countries
Health insurance companies must adapt and innovate their product offerings to appeal to the expectations of freelancers and on-demand gig workers.