Accessibility description:
The table shows the medical rates trends against general inflation.
In 2018, medical trend rate: 9.7%, inflation 3.2%.
In 2019, medical trend rate: 9.7%, inflation 3.4%.
In 2020, medical trend rate: 5.7%, inflation 2.4%.
In 2021, medical trend rate: 10.1%, inflation 4.3%.
In 2022, medical trend rate: 10.1%, inflation 8.3%.
In 2023, medical trend rate: 12.4%, inflation 6.6%.
In 2024, medical trend rate: 11.7%, inflation 4.2%.
Rates for 2018-2022 are retrospective. Rates for 2023 and 2024 are prospective. Unweighted global averages used for medical trend.