Asia Pacific highlights from the 2024 Global Medical Trends Survey
2022 | 2023 | 2024 (projected) |
|
---|---|---|---|
Global | 7.4% | 10.7% | 9.9% |
Asia Pacific | 7.2% | 9.9% | 9.9% |
Gross medical trend in 2024 (projected)
* Markets with a higher trend than the Asia Pacific regional average
Almost 6 in 10 insurers also anticipate higher or significantly higher medical trend over the next three years.
External factors
Insured members/provider behaviour
Top three conditions in 2023 – by costs, currently and in the next 18 months
Top three fastest growing conditions over the next 18 months by incidence
Mental health is one of the fastest-growing conditions globally — but it doesn’t make the top five in Asia Pacific. Could this be due to social stigmas and policy exclusions?
How do you help clients effectively manage medical costs?
Global | Asia Pacific | Gap (percentage-point) | |
---|---|---|---|
Fertility treatments | 67% | 75% | 8 |
Gender re-affirming care (surgery/sex change, hormonal therapy, mental care) | 57% | 74% | 17 |
Other mental and behavioural health including but not limited to autism, ADHD and so on | 34% | 52% | 18 |
Treatments related to menopause | 29% | 44% | 15 |
Mental and behavioural health | 22% | 32% | 10 |
Title | File Type | File Size |
---|---|---|
Healthcare benefit cost increases projected to continue into 2024 | .1 MB |