📈 1. Health insurance premiums expected to rise

Health insurance premiums in Thailand are experiencing a significant increase, with estimated annual rises of around ~10% or more in some cases, particularly for private health insurance policies. This trend is mainly driven by:

• rising medical cost inflation,

• increasing hospital expenses,

• a higher frequency of medical treatments and high-cost procedures.

🩺 2. Macro context: sector growth

The insurance market (life + health) in Thailand continues to grow, but at a pace that reflects both increasing demand and rising healthcare costs. Premium growth has been observed across several segments, including health insurance and critical illness coverage.

📊 3. Structural factors driving premium increases

👉 Medical inflation: Hospital and treatment costs are rising faster than general inflation.

👉 Co-payment and new policy clauses: Since March 2025, the industry has introduced co-payment (co-insurance) mechanisms to help control costs, confirming that premiums had already begun to increase.

👉 Historical premium adjustments: Some insurers maintained stable premiums for many years, then had to compensate with significant increases (e.g. +38% to +100%, depending on age or individual cases).

📌 In summary

✅ Yes, health insurance premiums are rising in Thailand, mainly because medical costs are increasing faster than consumer prices, forcing insurers to adjust their pricing to remain sustainable.
✅ Premium increases are not uniform: they vary depending on the insurer, the type of policy (local vs international), the insured’s age, and claims history.
✅ Some insurers have applied very substantial increases in recent months or have restructured coverage to help contain rising costs.