Carrier Trend Report - January 2020

Oliver Wyman's Actuarial Practice developed the Carrier Trend Survey in order to conduct market research in the health insurance and HMO industry.

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 January 2020 trends from the survey that Oliver Wyman sent to healthcare carriers in November 2019. We've included a summary of the median trends. 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 January 2020. These trends are used to develop premiums for approximately 104.2 million group members as reported by the participating companies. (We have made no attempt to eliminate the effects that dual coverage may have on these trends.) In addition, this edition of the report reflects pricing trends for about 5.1 million members with individual health policies, about 6.8 million Medicare members and 3.3 million Medicaid members.

Previous versions of our report are available for download to the right.

Carrier Trend Report - January 2020