Q3 2026

PEOPLE SOLUTIONS MARKET UPDATE

What's driving healthcare costs, and where should employers focus?

Lockton’s People Solutions Market Update offers comprehensive quarterly insights on the U.S. market and industry dynamics impacting cost management, employee wellbeing, and benefits strategies. In this Q3 2026 edition, we explore medical and pharmacy cost data emerging from Lockton’s 2026 Trend Study and growing challenges within the leave management space.

CONTENTS

Q3 2026 snapshot

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Why are health plan costs still so high?

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The high-cost environment continues

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What should employers do next?

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Leave management

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Read the last edition

In the Q2 2026 edition, we explored how employers are navigating cost pressure in benefits decision-making with results from Lockton’s 2026 National Benefits Survey and rapidly shifting dynamics across the Pharmacy and Stop Loss markets.

Read the Q2 update

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