Name: Gross medical trend cost rates APAC 2018-2020 by country or region
Creator: Statista

Health & Pharmaceuticals

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In 2020, the projected gross medical trend cost rate was the highest in Malaysia, reaching approximately 12.6 percent. This was closely followed by Vietnam, in which the projected gross medical trend cost amounted to approximately 12.1 percent. Comparatively, the projected gross medical trend cost in South Korea was just four percent in 2020.

Gross medical trend cost rates in the Asia Pacific region from 2018 to 2019 with a projection for 2020, by country or region

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Release date

November 2019

More information

Region

APAC

Survey time period

2018 to 2020

Number of respondents

296 respondents

Special properties

among leading insurers from 79 countries

Method of interview

Online survey

Supplementary notes

* Countries with significant participation.

The survey was conducted among 296 leading insurers from 79 countries of which 24 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.

*Projected values.