Costs vs. budgets:
A difficult balancing act.
Employers can expect costs related to
health benefits to increase by a record
on average
globally in 2023.
1
10
%
Total company budgets will increase by
3.9
%
in 2023 as a result of
enhancements to health
benefits programs.
2
Canadian
employers
can expect
costs related
to health
benefits to
increase
by 6.3%.
1
1. WTW: 2023 Global Medical Trends Survey 2. Mercer US: 2023 Compensation planning survey
