It's the one story in healthcare that simply won't go away: the seemingly never-ending rise in costs says Cigna Global Health Benefit's Peter Mills.
Wherever you look in the supply chain - whether it's cover for health conditions or the treatment of those conditions, the narrative is that globally, costs are rising. The worldwide average is a cost increase of around 10% per year according to Mercer, and 5-6% in the UK. Longer working lifespans (with the removal of a default retirement age), longer life expectancy (but no similar rise in good health-age expectancy), and ever-more expensive health treatments, are not the ingredients for falling...
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