MDabroad - iPMI Global

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iPMI Global LATAM iPMI, Assistance and Cost Containment Strategies

17-02-2025 Latest Round Tables iPMI Global

In this round table we discuss the significant growth opportunities within the LATAM health, travel, expatriate insurance, assistance and cost containment market, driven by an expanding middle class and increasing awareness of insurance benefits. Participants highlight the market’s fragmentation and associated challenges, including regulatory complexities and low insurance penetration. Strategies for addressing inequality and achieving operational excellence are also explored, along with the dominant players and future prospects for the region’s market. The companies’ diverse product and service offerings tailored to the specific needs of LATAM are a central theme.

MDabroad

With its headquarters in Miami, Florida and a highly-trained exclusive service center in Buenos Aires, Argentina, we developed a network of medical providers while we began providing services for world-class insurance and traveler’s assistance companies.

Over the years, MDabroad has developed a role of unquestionable leadership in the healthcare industry as the first facilitator for the financial needs of international health industry payers and hospitals and medical services providers in general.

Since 2000, we have managed over $1 billion dollars in the settlement of medical claims between insurers and healthcare providers, handled hundreds of thousands of medical assistance cases to travelers worldwide.

Our formula is simple: We strive to be a reliable partner. MDabroad sits in the middle of each transaction and keeps each party honest. We constantly innovate and provide cutting edge technological solutions to ease communication barriers, allow for transparency and to provide reliable information in the quickest manner possible.

Payers, hospitals, and physicians work mainly with local healthcare clients with the same languages, cultural norms in familiar regional medical systems. But significant differences can arise when dealing with foreign hospitals. For example, a Latin American hospital may find the collections process challenging when an insurance company from a completely different region is involved. These challenges may hinder a proper understanding between each party which resulting in delays and different issues when it comes to the settlement of any given claim. MDabroad identified this unique need and meticulously crafted an innovative solution that facilitates the most effective payment, ensuring both the payers and the providers are satisfied.

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iPMI Global LATAM iPMI, Assistance and Cost Containment Strategies

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