14 Jul M3 Releases 2021 Health Benefits Trend Report
M3 Insurance has released the M3 2021 Health Care Trend Report. This annual publication highlights costs and plan designs for employer-sponsored health insurance throughout the state of Wisconsin. The report is contains data collected from M3 clients across the spectrum of employer sizes, regional markets and sectors.
The report offers employers with information that they need to benchmark their offers of health insurance coverage to the market. Included are insights on how employers are structuring their plans, the types of plans they are purchasing and regional trends in the current market.
According to data from the past year, health insurance costs experienced a 5.1% growth rate. This is the fourth lowest rate of change in health insurance costs since the inception of the annual report in 2004.