Health benefit cost rose by 4.5% in 2024, with an increase of 5.8%* predicted for 2025

Change in total health benefit cost per employee compared to CPI

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*Projected. 2021 cost trend was disrupted by pandemic-related fluctuations in utilization. Source: Mercer’s National Survey of Employer-Sponsored Health Plans (beginning in 2020 results are based on employers with 50 or more employees); Bureau of Labor Statistics, Consumer Price Index, U.S. City Average of Annual Inflation (April to April) 1993-2024.