The M3 Health Care Trend Report is M3 Insurance’s annual review, highlighting costs and plan designs for employer-sponsored health insurance
The 2024 Health Care Trend Report shares the trends we are seeing across M3’s book of business, which encompasses employers ranging in size from three to more than 10,000 employees in a variety of major industry sectors. We’ve categorized the data based on geography, employer size, private vs. public sector, and plan structure. For more than 20 years, we’ve gathered data to provide valuable insights to the business community.
This year’s edition follows a similar pattern to the 2023 edition: the trendline continued for overall benefit plan premiums and costs per employee continued, with some notable regional shifts.