Insights

Carrier Trend Report - July 2018

The Actuarial Practice of Oliver Wyman developed the Carrier Trend Survey in order to conduct market research in the health insurance and HMO industry. Specific individual carrier or HMO responses are held in strict confidence.

This report summarizes the July 2018 trends from the survey that Oliver Wyman sent to healthcare carriers in May 2018. A summary of the median trends is shown in the table to the right. The coverage specific results are discussed in the Executive Summary. We intend this report to be of use to carriers, brokers, state insurance agencies and other interested parties who are affected by the trends in the cost of healthcare.

This report presents pricing trends used by the participating companies in the development of their rates for July 2018. These trends are used to develop premiums for approximately 98.5 million group members as reported by the participating companies. In addition, this edition of the report reflects pricing trends for about 4.3 million members with individual health policies, about 6.2 million Medicare members and 4.2 million Medicaid members.

If you would like a copy of our Carrier Trend Survey, please email us at actuaries@oliverwyman.com.