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
Asia’s forecasted medical trend rate for 2022 is 4 times the general inflation rate
Insurers in Asia expect paid monthly medical claims to return to pre-COVID-19 levels in 2022
Insurers offer or cover the cost of wearable technology to help self-manage well-being issues
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.