Business · Companies · 3 hrs ago

Rising premiums drive cancellations of major medical insurance in Mexico

Rising premiums drive cancellations of major medical insurance in Mexico

In Mexico, higher premiums are driving people to cancel major medical insurance.

Insurance data show that 15.2 million people had this coverage at the end of the second quarter of 2026, down from 16.2 million a year earlier.

Industry figures put average premium increases at 24%, while increases for older adults have ranged from 60% to 80%.

The number of people covered fell by 5.7%, leaving fewer people with this financial protection for medical costs.

Complaints against insurers rose 17% to 18% in the first nine months of 2026, but medical insurance made up about 10% of complaints.

Most complaints concern car insurance, including disputes over denied claims, repair delays and repair costs; no further steps are specified.

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What people are saying

Condusef officialCondusef official
The effect of the increase in the costs of premiums for these insurance policies has been reflected mainly in the cancellation of the products
via Expansión MX
The increase in premium costs has had a greater impact on the cancellation of medical insurance and has been reflected to a lesser extent in complaints that users submit to Condusef
via Expansión MX