Average cost increases for global employer-funded medical plans are expected to reach 9.1% this year, according to new research by consulting firm Aon Hewitt. That’s 5.5 percentage points higher than the global average projected inflation rate of 3.6%.
The report is significant as it points to rising costs and the increased prevalence of chronic conditions — including high blood pressure, obesity and high cholesterol — as chief contributors to what Aon Hewitt calls a “global phenomena.”