"In stop-loss, we're seeing average premium increases in the mid-teens, in some cases, above 20%," William Ziebell, the chief executive officer of Gallagher's employee benefits consulting and brokerage business said.
As medical and pharmacy expenses climb, large employers are adjusting plan design, limiting drug spending growth and expanding targeted support like caregiving and financial wellness benefits.
LIMRA research director Kimberly Landry said it's concerning that some workers, especially Gen Z employees, are reducing 401(k) contributions because of rising health insurance premiums.
Executives and investors rank improving people analytics as a top priority for ROI in 2026. However, a new Mercer study finds only 27% of executives believe their HR team effectively advises them on human capital risks.
