Indonesia's Rising Medical Costs Surpass Singapore and China
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Indonesia's healthcare cost increase is among the highest in Asia, surpassing Singapore and China. The "Medical Trends Around the World 2016" survey released by Mercer Marsh Benefits shows that in 2015, healthcare costs in Indonesia rose by 12.7 percent. Meanwhile, Singapore, long known as a healthcare destination for wealthy Indonesians, saw a 9.9 percent increase. Similarly, China, the Asian economic giant, only recorded a medical cost increase of around 10.3 percent.
This research also notes that overall healthcare costs in Asia rose by 10.3 percent in 2015, exceeding the inflation rate of only 1.7 percent. It is estimated that in 2016, the increase in Asian medical costs will rise by 11.5 percent, higher than the projected inflation rate of 2.1 percent. This year, the increase in healthcare costs in Indonesia is projected to be 11.8 percent.
Mercer Marsh Benefits is a firm that provides consulting services on healthcare cost and service growth. Headquartered in the United States, the firm has branches in 135 countries worldwide.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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