Aon TOB: Global Medical Rates Trends Report

Medical Trend Rates Around the World (2022-2023)

The global average medical trend rate for 2023 is expected to be 9.2 percent, up from 7.4 percent in 2022* and the highest since 2015.

Click on a region to learn more.

Percentage range increase

0-.99

1-2.99

* 2022 expected trend, as per prior year report Source: Aon 2023 Global Medical Trend Rates Report

Latin America & Caribbean

11.6% in 2023 10.6% in 2022

Asia/Pacific

9.2% in 2023 8.2% in 2022

North America

6.6% in 2023 (no increase over 2022)

Europe

9.1% in 2023 5.6% in 2022