It's the third year in a row for above 5% increases for group health insurance, with this year coming in at an unprecedented 9%. Individual market insurers have requested the largest increases in five years. In other words, it's shaping up to be an expensive year for healthcare for everyone. Renewal hikes in 2025 are breaking records — with some employers seeing increases they simply can't absorb.
Take Command will be sharing their take on what to expect out of this hallmark year and the factors contributing to the hikes. Take Command's CEO, Jack Hooper, will be sharing strategies to navigate the unique market and Kacy Hagan, the VP of HR at Lycoming College, will share how she used Individual Coverage HRAs to save $1.2M for her college, along with more money back on her employees' paychecks.
Takeaways
- Learn about Kaiser Family Foundation projections on what to really expect this year with group and individual health insurance prices
- Learn how individual coverage HRAs can help companies navigate healthcare inflation and market undercurrents.
- Learn how group and individual rates will compare this year