Healthcare costs for Philippine employers to rise in 2022 — survey

MANILA, Philippines — Filipino employers are expected to shell out more cash to meet the growing healthcare needs of their employees, which is forecast to get costlier this year as pandemic overhang remains. Based on a survey of 209 medical insurers from 61 countries, global advisory and brokerage firm Willis Towers Watson (WTW) said employer-sponsored healthcare benefits costs, usually insured under insurance providers, are projected to rise 14.4% on average this year in the Philippines. “Markets and employers are feeling the impact differently. Some have experienced the recovery’s demand for…

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