TORONTO, Nov. 13, 2024 /CNW/ -- Aon plc (NYSE: AON), a leading global professional services firm, has released its 2025 Global Medical Trend Rates Report. In Canada, the report forecasted the average medical trend rate for 2025 to be 7.4 percent, up from 5.0 percent in 2024.
The medical trend rate represents the percentage increases in medical plan unit costs – insured and self-insured – required to address projected price inflation, technology advances in the medical field, plan utilization patterns and cost shifting from social programs.
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