Insurers see Hong Kong’s medical cost increase 9.8% in 2025

Insurers in Hong Kong report a return to pre-pandemic levels of outpatient claims.

Medical costs in Hong Kong are seen to rise by 9.8% in 2025, slowing down from a double-digit rate in the past two years, according to WTW’s Global Medical Trends Survey.

Last year and this year’s rates saw 10.3% according to WTW survey of insurers. 

Asia-Pacific is also slated to rise by 12.3% in 2025, thanks to rising health service usage, escalating pharmacy costs, and the adoption of new medical technologies are driving the surge.

Insurers in Hong Kong report a return to pre-pandemic levels of outpatient claims, driven by a sharp rise in upper respiratory tract infections. 

Whilst the incidence of chronic diseases has remained stable, medical cost trends are increasing due to growing demand from patients in China. 

These patients frequently use Hong Kong’s private hospitals for maternity care and surgeries. This rise in healthcare costs persists despite low general inflation and an ongoing economic downturn in the territory.