The global employer-provided medical benefit cost is expected to rise to 7.4% next year from 7% this year with the average general inflation rate at 2.4%.
It will be 8.2% (8% in 2021) in the Asia- Pacific region, Europe (5.6%), the Middle East and Africa (11.1%) and north America (6.6%) in 2022. For Malaysia, it is expected to be lower at 12% from 14% this year.
