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Global health costs to rise significantly in 2016

The high cost of health care is an international problem.

By Dan Cook | Updated on April 28, 2016
Photo: Getty Images

U.S. health plan sponsors are getting a grip on cost control. Outside the U.S. it’s a very different story.

A study that sought information from medical insurers worldwide by Willis Towers Watson found that, overall, annual health care cost increases are the way of the world. Costs rose 7.5 percent globally in 2014, 8 percent last year, and are expected to rise more than 9 percent this year.

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Dan Cook

Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.

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