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PwC’s Health Research Institute (HRI) is projecting an 8% year-on-year medical cost trend in 2025 for the Group market and 7.5% for the Individual market. This near-record trend is driven by inflationary pressure, prescription drug spending and behavioral health utilization.
28 Απρ 2021 · The global medicine market — using invoice price levels — is expected to grow at 3–6% CAGR through 2025, reaching about $1.6 trillion in total market size in 2025. This excludes spending on COVID-19 vaccines, where total cumulative spending through 2025 is projected to be $157 billion.
Cost projections: The highest medical cost trend in 13 years, with an 8% increase for the group market and 7.5% for the individual market. Key drivers: Inflation, providers' cost-control efforts, increased use of prescription drugs, and new innovative therapies.
Getzen Model of Long-Run Medical Cost Trends Update for 2021–2030+ Premiums after the Pandemic Section 1: Executive Summary Health care financing is undergoing a stress test in real time. Extreme volatility makes unlikely events more likely to happen. The disruption is so severe that it seems useless to make a projection of rates next year,
The database can help answer questions such as how much countries spend on health, how much of the health spending comes from government, households, and donors, and how much of the spending is channelled through compulsory and voluntary health financing arrangements.
This report gives an update on the Getzen Model of Long-Run Medical Cost Trends for 2025-2035+, providing insights on key considerations, input parameters, and projections. It includes observations on long-term medical cost trends, budgetary resistance, and regulatory impacts on healthcare expenditures.
The Getzen Model is a long-run model designed to project medical cost levels and trends 10 or more years into the future on a national basis. All short-run or local employee group trends will eventually converge toward that long-run national trend, but in the interim may deviate widely.
