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Philippine healthcare costs seen to rise 14% in 2026
The Freeman
|October 17, 2025
Employer healthcare costs in the Philippines are projected to rise 14% in 2026, slightly slower than this year’s 15% rate, according to British-American consultancy firm Aon.
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The moderation reflects an easing of medical inflation after two years of sharp increases across Asia-Pacific, Aon said in its 2026 Global Medical Trend Rates Report.
The Philippines joins China, India, Singapore and Vietnam among markets expected to post lower growth in medical plan costs next year.
Aon defines “medical trend” as the annual percentage increase in the cost of providing employer-sponsored health coverage, factoring in inflation, healthcare utilization, prescription drug prices and the adoption of new medical technologies.
This story is from the October 17, 2025 edition of The Freeman.
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