skip to main content
Rising Medical Inflation in Asia Pacific

It is estimated that by 2030, the middle class in Asia will reach 3.5 billion.1 The growth in urbanization and middle-class affluence has been characterized by the adoption of sedentary lifestyles which in turn has created an epidemic of chronic diseases including cardiovascular, cerebrovascular, diabetes and cancer-related illnesses. Across Asia Pacific, medical costs have been increasing and is expected to exceed 8% this year.2 You can’t afford to ignore the need to manage medical costs.

https://www.weforum.org/agenda/2020/07/the-rise-of-the-asian-middle-class
2 Willis Towers Watson’s 2021 Global Medical Trends Survey Report

Disclaimer - This content is brought to you by Chubb Insurance Malaysia Berhad (“Chubb”) as a convenience to readers and is not intended to constitute advice or recommendations upon which a reader may rely. Chubb makes no warranty or guarantee about the accuracy, completeness, or adequacy of this content. It is the responsibility of the reader to evaluate the quality and accuracy of material herein.

Download the full infographic

Rising Medical Cost in Asia Pacific

Related Articles

Have a question or need more information?

Contact us to find out how we can help you get covered against potential risks