b" Wordw w w. w m i m u t u a l . c o mPICKING ChatGPT's BRAIN What Will Employer-Sponsored Health Benefits Look Like in Ten Years? By David Leo, If you havent yet played around with ChatGPT,the generative artificial intelligence (AI)President of chatbot developed by OpenAI, Inc., youre missing out on an incredible (and fun) AI experience.WMIMutual ChatGPT is simple to use, and its immediate and thorough results are fascinating and often outsideInsurance Company& WMI TPAthe box. In addition to ChatGPTs amazing and instantaneous analysis, it can offer results that are(mostly) free of human bias. Heres what happened when I put ChatGPT to the test and asked about the role of employers in health benefits in the next decade.Question 1: Insurtech platforms:Companies may shiftWill employers still befrom traditional group plans to digital-firstproviding health benefitssolutions with built-in wellness tools andin 10 years? data integration. More personalization: Thinkla carte healthChatGPTs Response: benefits instead of one-size-fits-all plans.Most likely yes, but with changes. Question 2:Why theyll still be involved: How Much Will Employer Attracting and retaining talent: Health Health Insurance insurance remains one of the most-valued Cost in 10 Years?employee benefits. Employers offeringrobust plans are more competitive in ChatGPTs Response:tight labor markets. Tax advantages: Employer-sponsored coverageU.S. Cost Projections (20252035):is still tax-deductible for employers and untaxedCurrent State (2025 est.):for employees in the U.S. Average employer cost per employeeLack of a public alternative (U.S.): per year:Unless significant reform (e.g., universal$17,500$18,000 (for family coverage);healthcare) happens, the private market will $7,000$8,000 (for single coverage) dominate, with employers playing a key role. Annual premium growth:But the model may shift: 57% average over last decadeDefined contribution vs. defined benefit:Projected Cost in 2035 (if current trends hold): More employers are exploring fixed-dollar Family coverage:contributions (e.g., through Individual At 6% compound annual growth rateCoverage Health Reimbursement Arrangements(CAGR)ICHRAs), giving employees a budget to buy $31,500$32,000 per employee per yeartheir own insurance on exchanges.50 www.wpma.com / Fall 2025"