Benefit costs over the past decade have increased on average of 4.4% per year, according to the new report
The Multiemployer Health Plan Landscape: A Ten-Year Look (2009-2018).
There has been a shift in the demographics of these plans since 2009—The number of covered retirees decreased by 3% while active participants increased by 14%. Although the number of retirees has gone down over the last decade, because retired participants generally contribute less to plan assets than the cost of their benefits, a higher number of retirees can make it increasingly difficult for plan trustees to manage the financial shortfall for these retired participants.
Despite the shift in demographics, the overall number of participants covered by multiemployer health plans has remained relatively unchanged over the past ten years, and the financial condition of many multiemployer health plans has improved.
This fifth annual multiemployer health plan benchmarking report was produced in partnership with Horizon Actuarial Services, LLC, and the International Foundation of Employee Benefit Plans.
The comprehensive report covers the plan demographics, benefit costs, income and plan cash flows of 1,500 multiemployer health plans—providing coverage for more than five million participants.
Download the Report
Members of the media can request a copy of the report from