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Podcast: AM Best Audio
Episode: WTW’s Pham: Navigating Double-Digit Global Medical Cost Increases
Description: Global medical costs are projected to rise by over 10% in 2025 for the third consecutive year, driven by advancements in medical technology, rising pharmaceutical prices, and increasing reliance on private health care. Linda Pham, global health and risk leader at WTW, discusses regional variations, the growing role of mental health services, and strategies for insurers and employers.