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While inflation in the US slowed to its lowest rate in three years this September, medical care remains an outlier, with costs in this category rising faster than those of overall goods and services.
Inflation’s impact on the healthcare sector is reflected in projected health plan costs for the next year, according to recent reports from HR and benefits consulting firm Segal and WTW, a global advisory, broking, and solutions firm.
In 2025 medical plan cost trends are expected to rise by a median of 8%, according to Segal’s projection, representing the highest increase in 15 years apart from 2021, when prices