Aons 2026 Global Medical Trend Rates Report forecasts a rise in Asia-Pacific employee medical costs, driven by chronic health issues like cancer, with notable variations among countries including China and India.
- Aons report reveals an expected 11.3 percent increase in employee medical costs across the Asia-Pacific region for 2026, a slight moderation compared to previous years.
- Countries like China, India, Singapore, the Philippines, and Vietnam are projected to experience lower medical cost increases, reflecting varying health care dynamics in the region.
- Chronic conditions such as cardiovascular diseases, gastrointestinal conditions, and cancer are identified as the primary drivers of rising medical plan costs in the Asia-Pacific labor market.
Why It Matters
This report highlights the evolving landscape of health care costs in the Asia-Pacific region, emphasizing the need for businesses to adapt their employee benefits strategies amidst rising chronic health issues like cancer.