A recent report on the cost of health care for families and individuals reveals a bit of a spike compared to 2021. The increase, according to the 2023 Milliman Medical Index, is within pre-pandemic historical ranges. Still, employers that provide coverage for their workers felt the bite perhaps more than plan members, as the search for top talent incentivized many sponsors to offer more benefits and to pay more of the cost.
That's a high-level distillation of the report by Milliman, a major provider of actuarial, risk management, and technology solutions.
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