A pharmacist in front of shelves holding prescription medications. Photo: Getty Images/Unsplash+

Canadian employer medical costs projected to rise 7.4% in 2025, Aon report finds

by Todd Humber November 13, 2024

written by Todd Humber November 13, 2024

Medical plan costs for Canadian employers are expected to increase by 7.4 per cent in 2025, up from a 5.0 per cent rise in 2024, according to Aon plc's latest Global Medical Trend Rates Report. The medical trend rate reflects the anticipated percentage increases in medical plan unit costs—both insur...

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Aon Drug Coverage

Todd Humber

Todd Humber is an award-winning workplace journalist who has been covering the HR, employment law, and workplace safety beats for 25 years. He is the publisher and editor-in-chief at HR News Canada, published by North Wall Media.

Canadian employer medical costs projected to rise 7.4% in 2025, Aon report finds

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