Why this is mistaken
Wrong: The healthcare trend rate is a single permanent inflation rate.
Correction: The assumption can follow a stated path to an ultimate rate and must reflect the plan's covered costs and cost sharing.
Where to watch
When this mistake may appear
- A benefit-plan analysis treats this claim as true: The healthcare trend rate is a single permanent inflation rate.
Check your work
Your work may contain this mistake if:
- The healthcare trend rate is a single permanent inflation rate.