Medical inflation

🏥💰 "medical inflation."

Is making the cost of treatment more expensive than the rest of the house

Today, people plan almost everything about money.

Whether it's 20 years of home installment, 7 years of car installment.

And have to invest long-term retirement money.

But there's no health plan that could "ruin your whole life."

Just once. Because of "medical expenses" now.

Not only a little bit per year, but under medical inflation, which is 8 to 10% per year, which is many times higher than general and income inflation.

🧩, what is "medical inflation"?

It is a situation where medical costs increase every year at an average rate of 8-10%.

Per year, medicine, surgery, room or general examination.

It increases the cost of hospitals, medical technology.

Higher levels and high-cost use of specialized personnel

For example, if the cost of treatment today is $100,000, the next five years could easily hit $147,000-160,000.

If we're not prepared for it, the cost is huge.

From treatment can become a burden to bear alone.

You know, the cost of medical treatment for a serious disease has exceeded a million!

🔹 Metastatic cancer treatment cost: 800,000 - 2,000,000 baht

🔹 Heart / Bypass Surgery: 500,000 - 1,200,000 Baht

🔹 ICU Private Hospital: 30,000 - 60,000 Baht per day

.

📊 A total of 13 ways to prepare "before life stumbles" from unforeseen events.

1. At least 1 annual check-up:

Diseases like cancer, diabetes or heart disease.

It often shows no symptoms in the early stages.

If found early, it's much easier and cheaper to treat.

2. Self-health record: e.g. weight, dysphoria

Or congenital diseases. Help doctors make quick diagnoses.

And track the symptoms more accurately.

3. Study the history of family diseases:

Because some diseases, such as cancer / heart / depression,

There's a genetic risk.

4. Examination of teeth 1-2 times a year:

Oral health affects overall physical health.

Neglect of teeth can cause infection.

In the bloodstream or the heart.

5. Plan Eating-Exercise for Age:

Especially the 30 + age range where the metabolic system and muscles

Start deteriorating slowly. Should reduce sugar. Increase protein.

And strengthen.

6. Do not overlook minor symptoms:

Easily tired, palpitated, dizzy, or unusually thin.

Could be a warning sign of chronic disease.

7. There is a minimum reserve of 3-6 months of routine expenses:

To deal with sick, stop work or unclaimed treatment.

8. Account expenditure and estimate health expenditure:

Visualizing the expenditure will help plan.

Better health care

9. Do health insurance + serious disease insurance:

The cost of cancer or heart disease may be millions.

Having insurance saves you from having to sell the property to maintain it.

10. Update insurance capital to keep up with current treatment costs:

Insurance capital purchased several years ago may not be enough for treatment.

That surges from "medical inflation" every year.

11. Know their own rights in the health system:

Whether it's social security, gold cards or private insurance.

Know where to use it. How to reduce emergency time confusion.

12. Inform relatives or trustees to "Contact Emergency":

And should carry a cure / disease warrant

In case of unconsciousness or inability to speak

13. Conscious and encouraging for unforeseen days:

Good mental health is a major force in recovery.

And help make careful treatment decisions.

Don't let "medical inflation" crash your life when you're sick.

Reference from: Mercer Marsh Benefits - Medical Trends Report 2023, Thai Life Insurance Association, Private Hospital, efinance Thai