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Medical Cost Increases to Accelerate Worldwide Over Next Five Years, Watson Wyatt Poll Finds
Date:2/6/2008

(projected)

Asia and Africa

China 15.2 % 21.2 % 19.6 %

Hong Kong 6.8 % 8.8 % 9.1 %

Philippines 11.6 % 11.4 % 11.5 %

Russia 13.3 % 13.7 % 15.7 %

Saudi Arabia 13.3 % 13.3 % 16.3 %

Singapore 5.5 % 6.5 % 7.5 %

South Africa 7.4 % 10.0 % 12.6 %

Europe

France 5.6 % 6.6 % 7.3 %

Italy 5.5 % 11.0 % 11.3 %

Netherlands 6.0 % 5.2 % 6.0 %

Switzerland 3.8 % 7.5 % 6.0 %

United Kingdom 6.0 % 8.0 % 8.0 %

Americas

Brazil 9.2 % 5.9 % 7.2 %

Canada 12.3 % 11.5 % 12.0 %

Chile 5.8 % 6.5 % 7.1 %

Mexico 12.0 % 12.8 % 12.6 %

United States 8.3 % 8.0 % 11.0 %

Venezuela 31.3 % 25.0 % 25.0 %

"Health care is fast becoming the most desired employee benefit worldwide, even in countries that support state-sponsored programs," said Ted Nussbaum, North America director of group and health care consulting at Watson Wyatt. "Given the similar factors driving health care costs around the world, multinationals have an opportunity to develop global solutions that engage workers and improve their health and productivity."

About Watson Wyatt Worldwide

Watson Wyatt (NYSE, Nasdaq: WW) is the trusted business partner to the world's leading organizations on people and financia
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SOURCE Watson Wyatt Worldwide
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