Multiemployer health and welfare fund statistics: 2023 report

This is the sixth annual Milliman Multiemployer Health and Welfare Study, which analyzes financial disclosures for multiemployer health and welfare plans, also known as Taft-Hartley plans. This year’s report includes data for 1,226 plans covering approximately 4.6 million members as of 2021, the most recent year for which data is available. The average plan could pay about one year and three months of benefits and expenses with its net assets, a decrease of approximately one month from 2020. We discuss the following: 

• Key findings
• Fund capitalization statistics
• Annual per member change in income and expenses
• Per member statistics

Read our Multiemployer Health and Welfare studies from past years: 2021, 2022.