Analyzing the health insurance coverage in Chile from 2013 to 2023, there has been a general upward trend despite slight fluctuations. The year-on-year variations have shown moments of declines, notably in 2015 (-1.7%), 2018 (-0.64%), and 2021 (-0.74%). However, these were counterbalanced by periods of significant growth, such as in 2019 (2.36%) and 2023 (0.53%). In 2023, the coverage stood at 95.1, demonstrating a steady rise over the decade. The compound annual growth rate (CAGR) over the last five years has been positive, averaging 0.36% per year.
Looking towards the future, the forecasted data indicates a continued upward trajectory in health insurance coverage, with a CAGR of 0.35% from 2024 to 2028. By 2028, the coverage is expected to reach 97.2, which denotes an overall growth rate of 1.78% over the period.
Future trends to watch for include potential policy changes affecting public and private insurance, economic factors influencing affordability and accessibility, and demographic shifts that may impact the overall insurance coverage landscape in Chile.
