Mercer Marsh Benefits surveyed 210 insurers – including 74 in Asia - to find out more about the top trends shaping the future of employer-provided healthcare.
Medical trend rates and claims are increasing
COVID-19 is impacting claims experience
Prevention and self-care are needed to mitigate health risks
Health equity in medical plans is a growing priority
10%
Asia’s forecasted medical trend rate for 2022 is 4 times the general inflation rate
49%
Insurers in Asia expect paid monthly medical claims to return to pre-COVID-19 levels in 2022
1/5
Insurers offer or cover the cost of wearable technology to help self-manage well-being issues
54%
Insurers in Asia have either added or considering to make coverages more inclusive for women
These trends are important for employers to consider as while many firms have latitude in designing their benefit plan to meet their needs, insurers play a key role in shaping the benefits landscape. They do this through their standard practices and policy language, their willingness to adopt new provisions, and their access to large pools of claims data.
Full report
Get an in-depth look at the latest HR and Medical trends in our full report.
Asia Infographic
A bite-sized overview of the key findings from this year’s research.
Disclaimer: Marsh India Insurance Brokers Pvt Ltd is a subsidiary of Marsh McLennan.
Marsh India Insurance Brokers Pvt. Ltd. having corporate and the registered office at 1201-02, Tower 2, One World Center, Plot-841, Jupiter Textile Compound Mills, Senapati Bapat Marg, Elphinstone Road (W), Mumbai 400 013 is registered as a composite broker with Insurance and Regulatory Development Authority of India (IRDAI). Its license no. is 120 and is valid from 03/03/2021 to 02/03/2024. CIN: U66010MH2002PTC138276.