WHY YOU NEED TO PAY MORE ATTENTION TO INPATIENT COSTS
A recent report from Alpen Capital into healthcare in the GCC predicted that inpatient spending will grow from USD 16.4bn in 2015 to USD 28.9bn in 2020. Thatâ€™s a rise of 43% in five years. Inflation, by comparison, is expected to hover around 2.2% to 2.9% over the same period. And with an ageing population and an increase in rates of chronic diseases, this kind of news should be of major concern for insurers and employers alike. In this article we get to grips with the reasons behind the rocketing cost of patient care and look at how to tackle it.
Read full article by Stephen MacLaren, Regional Head of Distribution Human Capital and Benefits at Al Futtaim Willis