News Risk Management11 Oct 2023

Global average medical trend rate expected to rise

| 11 Oct 2023

The global cost of employer-sponsored medical cover plans is expected to rise sharply in 2024 amid continuing economic volatility. Aon's 2024 Global Medical Trend Rates Report has forecast that the global average medical trend rate for 2024 could be 10.1%, up from 9.2% in 2023 and the highest rate since 2015.

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