2016 Health Plan Premium Projections

Mon, 11/30/2015 - 12:35

Major national consulting firms have weighed in with their projections for 2016 health plan premium increases. Here's the range of estimated increases after benefit plan adjustments are made by clients:
1) PwC: 4.5%
2) Mercer: 4.2%
3) Towers Watson: 4.1%
4) Aon: 4.1%

Before benefit plan adjustments are made, the increases are projected to be:
1) PwC: 6.5%
2) Mercer: 6.4%
3) Towers Watson: 5.7%

You can click here to view the November/December issue of MCOL's infographic newsletter, which provides a graphic illustration of this, along with AON's health plan cost trends, actual and projected for 2011-2016; Mercer's health plan cost annual percentage increases for 2011-2016; and Segal Consulting's plan cost annual percentage increases for 2011-2016.