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Gross medical trend cost rates APAC 2018-2021, by country or region

Published by Statista Research Department, Mar 29, 2021
In 2021, the forecasted gross medical trend cost rate was the highest in New Zealand, reaching approximately 20 percent. This was followed by Malaysia, in which the forecasted gross medical trend cost amounted to approximately 12.55 percent. Comparatively, the forecasted gross medical trend cost in South Korea was estimated to amount to four percent in 2021.

Gross medical trend cost rates in the Asia Pacific region from 2018 to 2020 with a forecast for 2021, by country or region

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Source

Release date

November 2020

Region

APAC

Survey time period

2018 to 2020

Number of respondents

287 respondents

Special properties

among leading insurers from 76 countries

Method of interview

Online survey

Supplementary notes

* Countries with significant participation.

The survey was conducted among 287 leading insurers from 76 countries of which 29 percent of the respondents were from the Asia Pacific region.

According to the source, the data figures are presented as averages based on GDP per capita.

**Forecasted values.

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