News & Updates

Global medical costs to increase despite lower rates of inflation

Aon's report reflects the medical trend expectations of employer-sponsored medical plans in more than 90 countries based on reported data from Aon professionals, clients and carriers represented in the portfolio of Aon medical plan business in each country. According to Aon, projected medical trend rates are expected to vary significantly by region. For example, countries in Latin America and the Middle East should expect to see a sizeable jump in average medical premium rate increases from 2016 to 2017, while…