The steep inflation in private medical care costs has not stopped. It keeps going up far surpassing inflation rates.
Health insurance companies in Argentina have begun to inform their members about new increases in premiums for January 2025. According to the available information, the increases will range between 3% and 3.9%, depending on the company and the specific plan.
This is one category that we have posted in detail about how inflation has been terrible in healthcare insurance costs. It just keeps flying higher much higher than inflation.
The range of increase for January 2025 will be from 3% to 3.9%.
OSDE: 3.6%
Swiss Medical and Omint: 3.9%
Galeno: 3.7%
Medicus: 3.8%
Medifé: 3.4%
Sancor Salud: 3%
Healthcare premiums have gone up 200% year over year from December 2023 to December 2024.
In December 2024, the average increase was 3.8%. The inflation reported by INDEC for November 2024 was 2.4%.
Companies in the sector argue that these increases are necessary to guarantee the continuity and quality of the services provided. Additionally, since July 2024, health insurance companies have had the freedom to establish monthly increases in their premiums.
Members are bleeding out with this type of inflation. For the first time, many people are having to drop their private coverage.