Forecast: Public Health Insurance Coverage in Chile

The data on public health insurance coverage in Chile from 2013 to 2023 reveals various trends. In 2023, the coverage stood at 78.9% of the population. The period from 2013 to 2018 saw fluctuations, with notable declines in 2015 (-2.51%) and slight gains in 2016 (2.3%). Post-2018, the coverage generally trended upwards, peaking at 78.9% in 2023. The last two years (2022-2023) experienced modest growth of 1.68% and 0.25%, respectively. The 5-year compound annual growth rate (CAGR) from 2019 to 2023 stands at 0.97%, indicating a steady increase in coverage.

Future trends to watch for from 2024 onwards include:

• Projected consistent growth, with public health insurance coverage expected to reach 80% by 2028.
• An average annual growth rate (CAGR) forecast at 0.18% over the next five years, signifying a steady albeit slow increase.
• Potential impacts of policy changes, economic conditions, and demographic shifts on the accessibility and uptake of public health insurance.