Mainstay shares our clients average renewal increases on our website and has done so since 2006. We also share the biggest increases and decreases in our April Newsletter each year. This information helps you to understand how your plan fits in relation to others. Our average bottom line rate increase (including aging) has worked out to be ONLY 4% a a year for the past 20 years (NOT 7 or 8% as noted below). When you remove the aging effect it’s closer to 2.5%, so just ahead of inflation, and very sustainable.
Please read the following article and take it with a grain of salt. We manage plans to keep costs under controls and when there are issues like fraud, or high cost drugs, we jump on finding solutions to keep pricing fair. We also use plan designs that minimize misuse and abuse (mandatory generic, caps and reasonable and customary limitations etc) to keep your plan healthy.
Aon’s 2026 Global Medical Trend Rates Report projects a 2026 medical trend of 8.3 percent for Canada, up from 7.4 percent in 2025, while general inflation edges up only slightly from 1.9 percent to 2.1 percent. That leaves a net medical trend of 6.2 percentage points above inflation in 2026.