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Hong Kong employers are prioritising the provision of health benefits (82%), while employees are keen on retirement plans / long-term financial incentives and flexible work arrangements (both 38%).
A survey of 209 medical insurers from 61 countries by global advisory and brokerage firm Willis Towers Watson (WTW) expects employer-sponsored healthcare
Filipino employers are expected to shell out more cash to meet the growing healthcare needs of their employees.
EMPLOYER-SPONSORED health-care benefit costs are expected to increase by 14.4 percent on average in the Philippines in 2022, according to the 2022 Global Medical Trends Survey. Based on the survey, conducted by leading global advisory, broking and solutions company, Willis Towers Watson (WTW), this is lower than the 16.4 percent…
This is because across APAC, insurers are expecting cost trends to rise - as high as 9% in Singapore; 7.4% in Indonesia; 14.4% in the Philippines; 9.2% in Thailand; 9% in Vietnam, and 23.5% in India.