Average health spending was flat in 2020

Large employers' projected increase in health spending has been higher than the actual cost trend, especially last year:

NOTE: Actual change in 2020 health care spending ranged from a decline of 12% to an increase of 10% among large employers in the survey.

Chart: Mitchell Schnurman/DMN Source: Business Group on Health's 2022 Large Employers’ Health Care Strategy and Plan Design Survey Get the data