Gross medical cost trend worldwide in 2021-2023, by region

Published by
Preeti Vankar,
Jan 31, 2023
In 2023, the gross medical cost trend was forecast to be the highest in the Latin American region, reaching approximately 18.5 percent. This was followed by the Middle East and Africa region, where gross medical cost trend was forecast to reach 11.5 percent.

Gross medical cost trend rates worldwide from 2021 to 2022 with a forecast for 2023, by region

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Release date

October 2022

Region

Worldwide

Survey time period

2021 to 2022

Number of respondents

257 respondents

Special properties

among leading insurers from 55 countries

Method of interview

Online survey

Supplementary notes

*Forecasted value.

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