Reports and Surveys | March 6, 2025

Healthcare Trends Ticking Up

Data on healthcare trends from our proprietary health data warehouse, Segal Health Analysis of Plan Experience (SHAPE), reveals:

  • An uptick in medical cost trend in 2024
  • Double-digit prescription drug trend persists
2025 SHAPE Trends Infographic Download the Infographic

Year-over-year medical trend has increased steadily since December 2022 to nearly 8% in December 2024.

Rolling 12-Month Medical Trend (Percent Change in Allowed PMPM Claim Costs)

Medical Trend Summary graphic

Year-over-year Rx trend was 12.2% in December 2024.

Rolling 12-Month Rx Trend (Percent Change in Allowed PMPM Claim Costs)

Prescription Drug Trend Summary graphic

How do your plan’s medical and Rx trends compare?

Do you know what’s driving those trends?

Analysis of your data can reveal your cost drivers — information you need to focus your cost-management strategies for maximum impact.

About SHAPE and how it can help target your cost-management efforts

SHAPE includes information from large health plans across the United States representing a range of industries and organizations. Collectively, they cover more than four million lives.

You can use SHAPE data to benchmark your plan’s experience and performance.

Interested in mining your own health plan data and/or benchmarking it?

Let’s have a conversation.

Get in Touch

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This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.