Defined Benefit Plan, Ultimate Health Care Cost Trend Rate
Duke Energy Defined Benefit Plan, Ultimate Health Care Cost Trend Rate remained flat by 0.0% to 4.8% in Q4 2024 compared to the prior quarter. Over 2 years (FY 2022 to FY 2024), Defined Benefit Plan, Ultimate Health Care Cost Trend Rate shows relatively stable performance with a 0.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A higher ultimate rate increases the long-term liability valuation, signaling potentially higher future cash outflows for employee benefits.
Detailed definition
This represents the long-term, stable annual rate of increase in health care costs assumed for the period after the init...
Peer comparison
Consistent with long-term medical inflation expectations used by peer utility companies with similar benefit structures.
other_defined_benefit_plan_ultimate_health_care_cost_tre_3a0bfbHistorical Data
| Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|
| Value | 4.8% | 4.8% | 4.8% |
| QoQ Change | — | +0.0% | +0.0% |
| YoY Change | — | +0.0% | +0.0% |
Defined Benefit Plan, Ultimate Health Care Cost Trend Rate at Other Companies
Frequently Asked Questions
- What is Duke Energy's defined benefit plan, ultimate health care cost trend rate?
- Duke Energy (DUK) reported defined benefit plan, ultimate health care cost trend rate of 4.8% in Q4 2024.
- What is the long-term trend for Duke Energy's defined benefit plan, ultimate health care cost trend rate?
- Over 2 years (2022 to 2024), Duke Energy's defined benefit plan, ultimate health care cost trend rate has grown at a 0.0% compound annual growth rate (CAGR), from 4.8% to 4.8%.
- What does defined benefit plan, ultimate health care cost trend rate mean?
- The long-term expected annual growth rate for retiree health care costs.