News Life and Health13 Dec 2024

Philippines:Medical inflation rate for 2025 projected to be in double digits

| 13 Dec 2024

The health maintenance organisation (HMO) sector in the Philippines chalked up losses of PHP4.269bn ($75m) in 2023, nearly triple the losses of PHP1.433bn in 2022, due to a substantial increase in claims and benefits paid, says a report released by WTW, a leading global advisory, broking and solutions company.

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