Forecast: Public and Primary Private Health Insurance Coverage in Mexico

Public and primary private health insurance coverage in Mexico saw a constant decline from 2016, dropping from 91.6 units of population covered in 2013 to just 69.8 units in 2023. Despite minor fluctuations, the overall trend was a steady decrease, intensifying from 2019 with an annual decline of around 10% and peaking at a -2.24% year-on-year decrease in 2023. The five-year Compound Annual Growth Rate (CAGR) for the period leading up to 2023 stands at approximately -4.59%.

A forecast of public and primary private health insurance coverage suggests a continuation of this declining trend. From 2024 to 2028, a further reduction is predicted, with the coverage expected to fall to 59.9 units by 2028. The forecasted five-year CAGR stands at -2.27%, indicating a gradual but consistent decline.

Future trends to watch for include potential governmental policy changes aimed at addressing this decline and any significant shifts in economic conditions that could impact the affordability and accessibility of health insurance coverage. Additionally, the impact of digital health initiatives and investments in healthcare infrastructure may play a crucial role in shaping the trajectory of insurance coverage in the coming years.