What's Happening?
A significant increase in cancer claims among young adults is being reported by 82% of insurers across the Asia-Pacific (APAC) region, according to WTW's 2026 Global Medical Trends Report. The report identifies breast, colorectal, and lung cancers as the primary
types driving this surge. The rise in cancer cases is particularly notable among individuals under 40, adding pressure to health and employee benefit plans. In Singapore, cancer remains the leading cause of death, accounting for 26.2% of fatalities. The report also highlights the psychological impact on employees, with 65% expressing anxiety about returning to work post-diagnosis. However, 90% of Singaporeans believe that returning to work aids recovery, underscoring the importance of workplace support in cancer survivorship.
Why It's Important?
The increase in cancer claims among young adults poses significant challenges for insurers and employers in the APAC region. As younger patients require longer treatment and support, this trend could lead to higher insurance costs and strain on employer-sponsored health plans. The situation emphasizes the need for early screening, prevention, and workplace wellbeing programs to manage future claims and medical costs. The psychological impact on employees also highlights the importance of supportive workplace policies to aid recovery and retain valuable skills. This trend could drive changes in health insurance policies and workplace practices, influencing how organizations address employee health and wellbeing.
