We share information with clients, both at renewal and throughout the year, about their plan usage as well as changes happening in the industry. We even post the average rate changes our clients are seeing on our site at; https://www.mainstayinsurance.ca/our-philosophy/ Below is a recent report of interest.
In Canada, the average health benefits cost trend for 2025 is estimated to be 7.4 per cent, up from five per cent in 2024, according to a new report by Aon.
It found the top medical conditions driving health benefits plan costs are diabetes, autoimmune diseases (excluding diabetes), mental health, lung disorders/respiratory and cardiovascular and weight loss.