Category Archives: Research

The Average Cost of Health Insurance

CarefulCents  | Ryan Friend | Sep 17, 2019

health insurance - The Average Cost of Health InsuranceOf all the types of insurance out there, health insurance is perhaps the most important. After all, without our health, it’s difficult to do much else in life. However, in the United States, which relies mostly on a private health insurance system, costs are high, and it’s often very confusing to know how much you can expect to pay.

This is because you can get health insurance in many different ways. You can buy it on your own, receive it from your employer as part of your compensation package, or get it from the federal government.

However, just because the world of health insurance is confusing, it does not mean you need to pay more than you should, and knowing the average costs of the many different types of health insurance can help you understand if your premiums are fair or if it’s time for a change.

Below we’ve outlined all the different factors that determine the cost of your insurance and also identified the average rates for the various options out there. In addition, you will find some tips to help you save on your insurance so that you can get the care you need at the best possible price.

Factors Affecting the Cost of Your Health Insurance

As you can see, health insurance is expensive. However, depending on your situation, what you actually pay for health insurance could be significantly less than what it actually costs.

See:  Micro Investing - What you need to know + 4 best apps to start (2019)

But on the other hand, you could be paying more than the national average. To help you make sense of your health insurance premiums, here is a breakdown of all the different factors that affect how much you pay.

Subsidies

Probably the biggest thing affecting how much you pay for health insurance are the subsidies you receive. For many people, these subsidies come from their employers and serve as a focal point of their benefits package. But how much your employer contributes to your healthcare plan varies from organization to organization. Some will pay almost your entire premium, whereas others will only cover a portion, meaning you will be expected to pay more of your own money.

Other subsidies come from the government. If you have a low income and/or a significant number of dependents, you may be eligible for either cheaper healthcare or tax credits that make your healthcare burden smaller.

These days, most government subsidies are doled out as a part of the Affordable Care Act (ACA, or, as we know it now, Obamacare).

Deductible

How much you pay for health insurance will depend heavily on your deductible. As with other types of insurance, the deductible is the amount of money you will be expected to pay before your coverage kicks in.

When it comes to health insurance, though, your deductible can be in the thousands of dollars, which means you may end up paying for most of your healthcare bills out-of-pocket while still paying a monthly premium.

However, this is only the case when you choose a high-deductible healthcare plan, which does come with lower premiums, but at an obvious cost. Conversely, lower deductibles reduce your out-of-pocket expenses, but they also come with higher premiums.

See:  Boost your credit score overnight:  Detailed list + podcast (2019)

Clearly, when it comes to healthcare, there’s no cheap way to go. But for many, paying a higher premium for better coverage is often preferred as it reduces the risk of all of a sudden being left with an enormous medical bill you can’t pay.

Out-of-Pocket Maximums

After you reach your deductible, your insurance company will start to cover your healthcare expenses. But few if any plans will pay for every expense you incur beyond your deductible. Instead, they will contribute a percentage of the cost, and you will be responsible for the rest.

However, insurance plans come with yearly out-of-pocket maximums that limit how much you will have to pay. If you reach your deductible and out-of-pocket maximum, then any additional costs will be covered 100 percent, but this will come after you’ve spent a small fortune on healthcare.

Unfortunately, if you are buying individual insurance (more on this later), it’s likely your out-of-pocket maximum will be quite high because it is expensive for insurance companies to cover just one person. Managed-care plans (more is also coming later) tend to have lower out-of-pocket maximums, but these pans are more exclusive and usually require an employer to help you cover costs.

Dependents

Insurance companies allow you to add dependents to your policy so that you can make sure not only you but your family members are covered. Typically, once you start adding dependents, you are on a “family” plan. There are usually limits to the number of people you can add to the policy (typically four), and then you will need to start paying more. But as you can expect, family plans, since they cover more people, are considerably more expensive than individual plans.

Age

In the end, an insurance company is protecting you against risks to your health. And by nature, older people are at a greater risk of experiencing health problems than younger people. As a result, the older you get, the more expensive your insurance will be. To give you an idea, consider the average healthcare costs for the following age brackets:

  • Children under five – $2,725/year
  • Children and teenagers ages 5-17: $1,921
  • Adults aged 18-44 – $2,985
  • Adults 45-64 – $6,406
  • 65+ – $11,316

See:  Wave Accounting review:  Free accounting software for your business

Tobacco Use

As we’ll discuss later, insurance companies cannot deny you coverage or charge you more for pre-existing conditions. However, when it comes to tobacco use, insurance companies can and do charge smokers more.

This is because there is now so much evidence about the adverse health effects of smoking that insurance companies do not want to bear the extra risk of covering a chronic smoker. To give you an idea of how much tobacco can affect your insurance costs, consider that smokers pay 15-20 percent higher premiums than non-smokers.

Continue to the full article --> here

 


NCFA Jan 2018 resize - The Average Cost of Health Insurance The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

Latest news - The Average Cost of Health InsuranceFF Logo 400 v3 - The Average Cost of Health Insurancecommunity social impact - The Average Cost of Health Insurance
NCFA Fintech Confidential Issue 2 FINAL COVER - The Average Cost of Health Insurance

 

Singapore overtakes the US to become world’s most competitive country, WEF says

CNBC | Chloe Taylor | Oct 8, 2019

Singapore financial district - The Average Cost of Health InsuranceSingapore has overtaken the U.S. to become the most competitive nation in the world, according to the World Economic Forum (WEF).

In its 2019 Global Competitiveness Report, the WEF measured the strength of 103 key indicators, such as inflation, digital skills and trade tariffs, across 141 countries.

The key indicators in the report were organized into 12 pillars, which included institutions, macroeconomic stability and health.

The U.S., which held the top spot in 2018′s ranking, dropped into second place this year, although the report’s authors noted that it “remains an innovation powerhouse.”

America received the highest score in the world in several subcategories, including ease of finding skilled employees and venture capital availability, with the U.S. also being ranked higher than any other country in the business dynamism pillar.

However, the country scored relatively low in some categories, with increasing trade tariffs, declining life expectancy and low digital skills among the American population taking a toll on the United States’ overall ranking. The WEF noted that life expectancy in the U.S. is now lower than it is in China, with the U.S. having only the 39th highest life expectancy in the world amid its ongoing opioid crisis.

See:  Incumbents, consumer complacency barriers to innovation in Canadian banking

Singapore, named the most competitive economy in the world, scored highly for its public sector, labor force, diversity and infrastructure. On life expectancy, Singapore was ranked number one, with newborn children expected to live until the age of 74.

In comparison, life expectancy in the U.S. is 66 years old, while in China it’s 68.

The 10 most competitive countries in the world

  1. Singapore
  2. United States
  3. Hong Kong
  4. Netherlands
  5. Switzerland
  6. Japan
  7. Germany
  8. Sweden
  9. United Kingdom
  10. Denmark

Hong Kong, the Netherlands and Switzerland rounded out the top five, with Hong Kong rising four places from 2018. The WEF’s data collection concluded before political unrest and protests in the territory intensified, according to the organization’s chief economist.

Overall, Asia-Pacific was named the most competitive region in the world, followed by Europe and North America.

The average score out of 100 across the 141 nations was 61, with the WEF claiming that the gap was a greater concern now in the face of a global economic slowdown. Reigning Singapore scored a total of 84.8 points, with second-place America being awarded 83.7 points.

See:  Competition Bureau’s call for intel on anti-competitive conduct in digital economy raises eyebrows

Best in class highlights

  1. With a score of 84.8 out of 100, Singapore is the country closest to the frontier of competitiveness
  2. Other G20 economies in the top 10 include the United States (2nd), Japan (6th), Germany (7th) and the United Kingdom (9th) while Argentina (83rd, down two places) is the lowest ranked among G20 countries
  3. Asia-Pacific is the most competitive region in the world, followed closely by Europe and North America
  4. The United States may have lost out to Singapore overall, but it remains an innovation powerhouse, ranking 1st on the business dynamism pillar, 2nd on innovation capability, and 1st for finding skilled employees
  5. Nordic countries are among the world’s most technologically advanced, innovative and dynamic while also providing better living conditions and social protection
  6. Denmark, Uruguay and Zimbabwe have increased their shares of renewable sources of energy significantly more than other countries at their respective levels of competitiveness

Continue to the full article --> here

Download 666 page PDF World Competitiveness Report --> here

 


NCFA Jan 2018 resize - The Average Cost of Health Insurance The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

Latest news - The Average Cost of Health InsuranceFF Logo 400 v3 - The Average Cost of Health Insurancecommunity social impact - The Average Cost of Health Insurance
NCFA Fintech Confidential Issue 2 FINAL COVER - The Average Cost of Health Insurance

 

Inflection point:Seven transformative shifts in US retail banking

McKinsey & Company | Oct 2019

7 transformative shifts in US retail banking banner - The Average Cost of Health InsuranceTen years ago

10 years ago, the US retail banking industry was in the depths of the global financial crisis, with many one-time leading institutions struggling to survive.

Since then, after bringing in billions in fresh capital, US banks have made a return to stable ground and greater liquidity. Despite this progress, aggregate return on equity is at the lower bound of sustainability, and the industry’s price-to-book value is about 1.4, not far above where it stood in 2009.

Customer trust has improved from the downturn but is still well below pre-crisis levels. Though most banks were able to avoid unsettling challenges in the following ten years, few were able to break out and significantly outperform the industry.

Now, however, several major forces are accelerating the evolution of the US banking industry–the encroachment of new competitors, rising expectations from customers on service levels and corporate responsibility, and an intensifying war for talent—and promising to make doing business more challenging in the coming ten years.

Further, US banks have yet to go through the restructuring that has already swept European and Asian markets, where a majority of services are delivered digitally. In this report, we describe seven transformative shifts reshaping US banking. The current state of US retail banking can be thought of as an inflection point for the industry.

Coupled with the difficult macroeconomic environment, and political and economic uncertainty, the seven shifts will decisively alter the operations, economics, and efficiency of US retail banking.

See: 

 

Banks face a steep climb

To rank the relative performance of companies, McKinsey uses the Power Curve, which measures value created in terms of economic profit (defined as firms’ returns less their cost of capital). From 2010 to 2017, we assessed close to 2,400 companies across multiple industries on the Power Curve and found two surprising results. First, companies ranking in the top 20 percent generated more than 30 times the profit of those in the middle 60 percent, while the lagging firms made only marginal economic profit. Second, the curve is broadly stable over time, and a company’s position on it is persistent: between 2010 and 2017, only 1 in 12 companies rose from the middle ranks to the top of the Power Curve, while approximately 40 percent of companies in the bottom third stayed there.

7 transformative shifts in US retail banking - The Average Cost of Health Insurance

Continue to the full article --> here

Download the 15 pg PDF McKinsey & Company research -> here

 

 


NCFA Jan 2018 resize - The Average Cost of Health Insurance The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

Latest news - The Average Cost of Health InsuranceFF Logo 400 v3 - The Average Cost of Health Insurancecommunity social impact - The Average Cost of Health Insurance
NCFA Fintech Confidential Issue 2 FINAL COVER - The Average Cost of Health Insurance

 

Crypto mass payments is best retail option; report suggests

Cryptopolitan | Taha Farooqui | Sep 29, 2019

crypto payments - The Average Cost of Health InsuranceA Bank of Canada report reveals that crypto mass payments is the best of option for retailers. The report dubbed “The Economics of Cryptocurrencies—Bitcoin and Beyond” was recently posted unveiled by the Bank of Canada.

The report features the Bitcoin (BTC) cryptocurrency and contains an explanation about the toughness and security of the blockchain network and how they manage to attain these characteristics. It is more difficult to attack larger blockchain networks as the process becomes more expensive; thus, sizeable networks make cryptocurrencies less susceptible to the danger of an attack.

Why are crypto mass payments the best?

The report suggests that more expensive means of mining the cryptocurrencies dissuade attackers to double-spend on transactions, regardless of the number of transactions. While the volume of mining grows with net rewards, this makes funding rewards a lot easier to ensure a secure system.

Although, it is quite different for smaller cryptocurrencies as they do not result in bigger rewards, which puts them at the risk of attacks, in which the individual double-spends on transactions.

See:  ICOs can work for companies, Bank of Canada paper finds

Crypto mass payments will prove to be more efficient for systems that are based on a large number of payments that have smaller values, while they will prove to be ineffective and expensive for fewer transactions that have more value. Bitcoin (BTC) is very expensive and inefficient when it comes to the long-term mining of the cryptocurrency.

This can be changed by reducing the transaction fees, making the rate of coin creation efficient and optimized, or even altering its consensus protocol. These changes will allow BTC to compete with common financial systems.

The report explains that the cryptocurrency wasted a lot of its resources to prevent double-spending attacks. The loss generated by BTC is nearly five hundred (500) times larger than the loss generated by the traditional economy, with two percent (2%) inflation.

Similar to the long-run structure of BTC, if the growth rate is reduced to zero (0) and the system relies on hefty transaction charges, these expenses should be decreased, but the cryptocurrency’s favorable design will imply bigger losses.

Continue to the full article --> here

Download the Economics of Crypto Currencies (60pg PDF) -> Now

 


NCFA Jan 2018 resize - The Average Cost of Health Insurance The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

Latest news - The Average Cost of Health InsuranceFF Logo 400 v3 - The Average Cost of Health Insurancecommunity social impact - The Average Cost of Health Insurance
NCFA Fintech Confidential Issue 2 FINAL COVER - The Average Cost of Health Insurance

 

Bringing Good Ideas to Life: 13 Modern Ways to Innovate

Nesta UK | Kirsten Bound and Geoff Mulgan | March 19, 2019

A compendium of innovation methods - The Average Cost of Health Insurance

An introduction to 13 featured innovation methods

  1. Accelerator programmes
  2. Anticipatory regulation
  3. Challenge prizes
  4. Crowdfunding
  5. Experimentation
  6. Futures
  7. Impact investment
  8. Innovation mapping
  9. People Powered Results: the 100 day challenge
  10. Prototyping
  11. Public and social innovation labs
  12. Scaling grants for social innovations
  13. Standards of Evidence

The next generation of innovators will have a vast new range of opportunities compared to the last. Much of 20th century innovation, from transistors and integrated circuits to polycarbonate and neoprene, was driven by big laboratories in governments and big firms like Bell Labs, DuPont, or Bayer. Innovation was seen as the preserve of science and technology.

See: 

The digital revolution transformed how innovation happens. It became more open and collaborative, spurring a plethora of new business models and services across industries – today epitomised by the ‘platform’ innovation at the heart of companies like Facebook and Apple.

Now, the advent of the big data era and the mainstream exploitation of artificial intelligence is recasting innovation processes again, with blockchain and driverless car testbeds just a hint of what’s to come.

Yet while innovation has changed dramatically, government policies and support for it have sometimes seemed stuck in a 20th century model of innovation.

For the last decade or more, Nesta has been searching for ways to support innovations that exploit these new trends, aiming to spread the capacity for innovation and apply it to the problems and communities most in need.

Featured in this compendium are just some of the innovation methods we have analysed, developed, tested and spread over the last decade. Some, like seed accelerator programmes, we have invested in and studied. Others, like challenge prizes, standards of evidence or public sector labs, we have developed and helped to spread around the world.

Innovation is a spiral methods - The Average Cost of Health Insurance

Continue to the full article --> here

Download 71pg PDF: 'A Compendium of Innovation Methods' ->


NCFA Jan 2018 resize - The Average Cost of Health Insurance The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

Latest news - The Average Cost of Health InsuranceFF Logo 400 v3 - The Average Cost of Health Insurancecommunity social impact - The Average Cost of Health Insurance
NCFA Fintech Confidential Issue 2 FINAL COVER - The Average Cost of Health Insurance

 

Innovate Finance KPMG Report on Transforming Fintech in the UK Calls for Regulatory ‘ScaleBox’

KPMG UK | September 2019

Innovate Finance KPMG transforming fintech in the UK Sep 2019 - The Average Cost of Health InsuranceThe UK is viewed as a leading location for Fintech thanks to its position as both a top financial services jurisdiction and one of the highest ranked global technology hubs. It cannot rest on these laurels, as there is competition from Asia, the US and increasingly from Europe. How does the U.K. strengthen this position; expand the ecosystem; and use Fintech to remain a leading financial centre in the future?

ScaleBox:  Proportionate Regulation for SME Capital Markets

The UK has led global innovation in Financial Services regulation. The role of the regulator in facilitating development is key: with over 110 firms entering the Financial Conduct Authority’s (“FCA”) Regulatory Sandbox since its inception and our leading position in the Global Financial Innovation Network (“GFIN”).  However, competition for innovation is coming from Asia and competing with a, usually, less restrictive regulatory environment has created two streams of global Fintech businesses with the likes of AliPay’s and WeChat Pay’s innovation and growth far outstripping anything in the West.

See:  NCFA Response to ASC Consultation Paper 11-701: Energizing Alberta’s Capital Market

ASPAC’s Fintech sector CAGR is 43% compared to the global average of 22.17% (14).

Fintech ScaleBox - The Average Cost of Health Insurance

Despite the success of the Sandbox, Fintech businesses still appear to struggle to scale and move from the unregulated space to full FCA regulation, with only 39% of businesses entering the Sandbox receiving further investment.

There is an opportunity to consider proportionate oversight/regulation in a scaling environment which bridges the gap between the Sandbox and full FCA regulation, akin to ‘EU SME Growth market’ concept which has brought proportionate regulation to SMEs for Capital Markets in the EU. The ‘ScaleBox’ could also be used to address asynchronous regulation from inbound Fintechs to drive innovation in existing UK Financial Services businesses.

Download 4pg PDF:  KPMG Transforming Fintech in the UK report

 


NCFA Jan 2018 resize - The Average Cost of Health Insurance The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

Latest news - The Average Cost of Health InsuranceFF Logo 400 v3 - The Average Cost of Health Insurancecommunity social impact - The Average Cost of Health Insurance
NCFA Fintech Confidential Issue 2 FINAL COVER - The Average Cost of Health Insurance

 

The future of Asia: Asian flows and networks are defining the next phase of globalization

McKinsey Global Institute | Sep 19, 2019

Asian tiger - The Average Cost of Health InsuranceAsia is increasingly the center of the world economy. By 2040, the region could account for more than half of global GDP and about 40 percent of global consumption. Global cross-border flows are shifting towards Asia on seven of eight dimensions, and the region’s growth is becoming more broad-based and sustainable as its constituent economies increasingly integrate with each other.

This is a diverse region, but its different parts have complementary characteristics, and powerful networks are developing within Asia. Patterns of globalization are shifting, and these shifts are occurring faster in Asia than elsewhere, suggesting that more than any other region, Asia could shape the way globalization unfolds in the years to come.

This new paper builds on the McKinsey Global Institute’s research on globalization in January 2019 by examining Asia’s rise on eight dimensions incorporating 16 types of flow, looking at the increasing integration of the economies of the region, and highlighting the development of three powerful new Asian networks: industrialization, innovation, and culture and mobility, and the rising cities that are pivotal components of those networks. The paper is one of a series on the Future of Asia, a multi-phase research project that aims to decipher the many facets of Asia.

See:  How Jack Ma’s $290b SME credit engine is changing Chinese banking

The economies of each of these Asias is expected to be comparable in size to any of today’s continents by 2040. China may be comparable to the size of North America by then. Advanced Asia and Frontier Asia and India may each be bigger than the Middle East and Africa combined. Emerging Asia may be comparable with Latin America (see image below):

Advanced Asia

The countries of this group (Australia, Japan, New Zealand, Singapore, and South Korea) have all achieved high levels of per capita GDP of between $30,000 and $60,000, are highly urbanized and connected. They provide technology, capital, and a market for more high-end consumption to the rest of Asia. Their outbound FDI was $1 trillion in 2013–17, accounting for 54 percent of total regional FDI outflows.

China

China, the second largest economy in the world, is big enough and sufficiently distinct from others in the region to stand in its own category, acts as an anchor economy to the rest of the region and as a connectivity and innovation platform for neighboring countries. In 2013–17, it accounted for 35 percent of total Asian outbound FDI. Having built significant innovation capacity, China accounted for 40 percent of the world’s patent applications in 2017.

Emerging Asia

These countries (Bhutan, Brunei, Cambodia, Indonesia, Laos, Malaysia, Mongolia, Myanmar, Nepal, the Philippines, Thailand, and Vietnam) is relatively diverse but tends to have small, highly intraregionally connected economies. The average share of intraregional flows in these economies is 79 percent, the highest of the four Asias. Around 72 percent of trade, 80 percent of capital flows, and 85 percent of people flows in this group are intraregional. These economies provide labor and growth to the rest of Asia while being highly culturally diverse.

See: 

 

Frontier Asia and India

These economies (Afghanistan, Bangladesh, Fiji, India, Kazakhstan, Kyrgyzstan, Maldives, Pakistan, Sri Lanka, Tajikistan, Turkmenistan, and Uzbekistan) historically have had low levels of regional integration. The intraregional share of goods, capital, and people is only 31 percent, the lowest in Asia. They have had a broader range of trading relationships historically. In 2017, Europe, the Middle East and Africa, and North America accounted for 45 percent of these economies’ imports and 66 percent of exports, 56 percent of their FDI inflows, and 53 percent of their FDI outflows. They are major producers of services—notably business services in India—but are also moving into manufacturing, as in Bangladesh. They have young labor forces, and offer new markets as they integrate with the rest of Asia.

Forecasted Asian GDP 2040 - The Average Cost of Health Insurance

 

Asias potential - The Average Cost of Health Insurance

Continue to see Asia's forecasted Growth by 2040 -> here

 

 


NCFA Jan 2018 resize - The Average Cost of Health Insurance The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

Latest news - The Average Cost of Health InsuranceFF Logo 400 v3 - The Average Cost of Health Insurancecommunity social impact - The Average Cost of Health Insurance
NCFA Fintech Confidential Issue 2 FINAL COVER - The Average Cost of Health Insurance