Net medical cost trend worldwide in 2021-2023, by region

Published by
Preeti Vankar,
Nov 9, 2024
In 2023, net medical cost trend was forecast to reach 10.5 percent in Latin America, the highest across all regions globally. This was followed by Asia-Pacific, where net medical cost trend was forecast to reach 7.6 percent.

Net medical cost trend rates worldwide from 2021 to 2022 with a forecast for 2023, by region

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Release date

October 2022

Region

Worldwide

Survey time period

2021 to 2022

Number of respondents

257 respondents

Special properties

among leading insurers from 55 countries

Method of interview

Online survey

Supplementary notes

*Forecasted value
Net of general inflation

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