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 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.
2021 Health Care Trend Report – Get Your Copy
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If you’d like to have a discussion on specific report findings in relation to your health insurance costs, contact your M3 Account Executive.
About M3
M3 is a top insurance broker and risk management firm in America. We’re leaders in the products we represent and the industries we serve. M3’s people are an extension of your team, providing world-class resources to help you manage risk, purchase insurance, and provide employee benefits. And our focus on community builds better places to live and work.