Global: Medical costs outpace inflation

Agincare considers viability of contracts despite rising profit

According to the Mercer Marsh Benefits (MMB) 2019 Medical Trends Around the World report, medical costs continue to outpace general inflation by almost three times, with the global average hitting 9.7% last year. A similar increase is expected this year and even higher for 2020. As the cost of health benefit programmes continues to rise…

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