Healthcare cost increases for 2027 renewals

Retailer here, so a different population: lower wages, higher turnover, a lot of part-timers. Ours was 7.5 percent. We have held the employee share of premium flat for the lowest pay band three years running and loaded the increase onto the top two bands. It costs us, but enrolment among store staff went from 51 to 58 percent.

I would question the broker a little. Ask for the large-claimant detail before you accept that it is all pharmacy. When we did, two claims over 750,000 dollars explained almost four points of our increase, and neither was likely to recur. That changed the conversation with the stop-loss carrier considerably.