Between 2013 and 2023, private health insurance coverage in Türkiye showed both fluctuation and growth. Starting at 5.6 units in 2013, the coverage experienced significant ups and downs, with notable peaks in 2016 and 2021. By 2023, coverage reached 9.9 units, a year-on-year increase of 10%. This growth represents an average CAGR of 3.59% over the last 5 years.
The forecast for 2024 to 2028 remains positive, with anticipated continuous growth, reaching up to 12.9 units by 2028. This reflects a forecasted 5-year CAGR of 4.2% and a 22.86% growth rate over the period.
Future trends to watch for:
- Impact of policy changes and healthcare reforms in Türkiye.
- Integration of digital health technologies and telemedicine in insurance plans.
- Population aging and its influence on healthcare demand.
- Economic factors affecting disposable income and insurance affordability.