Healthcare costs will remain higher than historical norms
While cost trends have steadied as expected, they’ve stabilized over the past couple of years at a higher level than the industry had hoped, with no expectations of a decline in the coming years. In this sustained high-cost environment, employers will need to be diligent in finding savings and monitor emerging market factors driving higher costs.
Read why healthcare costs are so high and explore rising medical and pharmacy cost projections in the Q3 2025 People Solutions Market Update (opens a new window).