Singapore’s medical trend rate - which measures changes in healthcare costs - increased 10 per cent in 2018, and is expected to rise by 0.1 per cent in 2019, according to Mercer Marsh Benefits' 2019 Medical Trends Around the World report.SINGAPORE’S medical trend rate - which measures changes in healthcare costs - increased 10 per cent in 2018, and is expected to rise by 0.1 per cent in 2019, according to Mercer Marsh Benefits' 2019 Medical Trends Around the World report.
"Health and wellness solutions among corporations in Singapore continue to be under-penetrated or poorly designed," said Neil Narale, Singapore business leader, Mercer Marsh Benefits."This highlights the potential value of interventions especially among high-risk groups, such as health and wellness programmes to reduce the incidence of disease, and screening for earlier detection of disease.
Globally, the top three health risk factors influencing medical cost remain metabolic and cardiovascular risk, dietary risk and emotional/mental risk.