Asia: Medical inflation to reach 7.1% this year

Projected medical trend increases over the next three years.

Employer-sponsored health care benefit costs are expected to grow at the same rate as last year in Asia-Pacific at 7.1% in 2020, according to a survey of medical insurers by insurance broker Willis Towers Watson. Some markets, however, are likely to exceed that rate with India and Malaysia to hit 12% and 12.6% respectively. The…

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