IPGROUP

Globally, medical inflation has been on the rise, increasing from 7.4% in 2022 to 9.9% in 2024.

This trend is driven by higher hospital expenses, advanced medical technologies, and growing demand for quality care.

In the Philippines, medical reached 11.34% in 2023, rose to 13.9% in 2024, and was at 18.3% by end of 2025, according to Willis Towers Watson (WTW).

This means treatments, medicines, and procedures are becoming more expensive every year - not just locally, but worldwide.