Based on the data provided, the risk of catastrophic health expenditure due to surgical care in the Philippines is expected to decrease from 22.2% of the population in 2023 to 17.6% by 2027. From 2023 to 2024, the risk is forecasted to drop by approximately 5.4%. The decline continues with a year-on-year decrease of around 5.2% from 2024 to 2025, 6% from 2025 to 2026, and finally 5.9% from 2026 to 2027. Over the entire five-year period from 2023 to 2027, the compound annual growth rate (CAGR) indicates an average annual reduction of about 5.65%.
Future trends to watch for:
Continued improvements in healthcare infrastructure and insurance coverage could further reduce the financial burden of surgical care on the population. Monitoring the impacts of health policy reforms and technological advancements in medical care will be essential in ensuring sustained decreases in catastrophic health expenditure risks.
