The healthcare industry is facing rising global medical costs, projected to increase by 10.4% in 2025 according to the WTW Global Medical Trends Survey. This trend has been ongoing, with consecutive double-digit increases over the past few years. Insurers are struggling to keep up with rising costs due to factors such as new medical technologies, high healthcare utilization, and limited public resources. Despite these challenges, employers can mitigate costs by promoting preventive care, utilizing targeted interventions, and optimizing benefit spend. The survey indicates that medical costs are expected to continue rising in the future, posing a long-term challenge for the healthcare industry.
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Report: Global Medical Costs Projected to Rise by 10.4% in 2025
