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What is 2024 Global Medical Cost Trends Report about?

After surging to a high of 10.7% in 2023, global medical trend is projected to decline slightly to 9.9% in 2024. Several factors contributed to the 2023 spike and expected 2024 decline, including pandemic-delayed care and inflation. However, medical costs remain elevated due to new technologies and geopolitical conflicts. Over half of insurers anticipate higher medical trend over the next three years, especially in the Middle East/Africa. Musculoskeletal disorders are the top condition by claims, and mental

Author

duy.langsinhthai

Language

EN