06/11/2025
Please note that post-covid international medical insurance companies are facing more claims than ever before, leading to very high medical inflation. Medical inflation is the rate at which healthcare costs have risen due to new trends and developments.
The global average medical trend rates are set to be 10% in 2025 according to Aon, with rates the highest in the Middle East and Africa (15.5%), followed by Asia-Pacific (11.1%) and Latin America and the Caribbean (10.7%)
Also each year your Age goes up, thus the medical risk goes up and the insurer needs to mitigate this risk. Thus an annual increase is inevitable and premiums will go up each year (on average 10%), however it also means your coverage will remain and claims will continue to be paid.
Claims will also impact your premium and higher claims will lead to adjustment on the part of the insurer and thus higher increase in premium at renewal.
Please contact us should you have any further questions.
Rising global healthcare costs have employers scrambling to provide adequate benefits while controlling costs. Read how companies around the globe are keeping up.
