SaaS Pricing Tracker

Project management tools pricing

Project management is the most crowded category in SaaS and the one with the widest range of pricing models: per-seat plans, flat company-wide prices and freemium tiers that quietly get smaller. These are the products with the longest archived pricing pages.

Exhibit 1

Project management tools prices over time

The cheapest plan each product still sells, traced back through archived copies of its pricing page. Click a legend entry to hide a product.

Changed between readings
$5$10$20$50$100$2002014201620182020202220242026$199 Basecamp Flat plan −33%$10.99 Asana Starter +10%$10 Linear Basic +25%$10 Notion Plus +25%$9 ClickUp Core$9 monday.com Basic +13%$8 Miro Starter +14%$5 Trello Standard
Note: Asana: USD per user per month, billed annually. Basecamp: USD per month for the whole company, unlimited users. ClickUp: USD per user per month, billed annually. Linear: USD per user per month, billed annually. Miro: USD per user per month, billed annually. monday.com: USD per seat per month, billed annually. Notion: USD per member per month, billed annually. Trello: USD per user per month, billed annually. Log scale.Source: live and archived pricing pages; SaaS Pricing Tracker analysis.
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Every price change and the 2027 prediction

Exhibit 2

Trello is the cheapest way in at $5, against $10.99 for Asana

Entry price of each product, USD per user per month

  • TrelloStandard$5
  • JiraStandard$7.91
  • MiroStarter$8
  • ClickUpCore$9
  • LinearBasic$10
  • AsanaStarter$10.99

Project management tools compared

Current list prices as last read from each pricing page.

ProductStarts atTop listed planPriced byFree planHistory
Asana$10.99 per user per month, billed annuallyStarter, USD per user per month, billed annually$24.99 per user per month, billed annuallyAdvancedPer seatYessince 2016
Basecamp$199 per month for the whole companyFlat plan, USD per month for the whole company, unlimited userssingle paid planFlat per companyNosince 2012
ClickUp$9 per user per month, billed annually ($12 monthly)Core, USD per user per month, billed annually$100 per user per month, billed annually ($120 monthly)MaxPer seatYessince 2026
Linear$10 per user per monthBasic, USD per user per month, billed annually$16 per user per monthBusinessPer seatYessince 2020
Miro$8 per member per month, billed yearlyStarter, USD per user per month, billed annually$20 per member per month, billed yearlyBusinessPer seatYessince 2013
monday.com€9 per seat per month, billed annually, minimum 3 seatsBasic, USD per seat per month, billed annually€19 per seat per month, billed annually, minimum 3 seatsProPer seatYessince 2018
Notion$10Plus, USD per member per month, billed annually$20BusinessPer seatNosince 2021
Trello$5 per user per month, billed annually ($6 monthly)Standard, USD per user per month, billed annually$17.50 per user per month, billed annuallyEnterprisePer seatYessince 2016
Jira$7.91 per user per month, billed monthlyStandard, USD per user per month, billed monthly$14.54 per user per month, billed monthlyPremiumPer seatYesread Sep 2026

Head to head

Two products on one chart, plans side by side.

How project management tools prices changed, and a 2027 prediction

Every list price change on record for project management tools, with a trend line and a simple 6 and 12 month projection for each plan. Each change is read from an archived copy of the pricing page.

dated price changes
27
increases / cuts
23 / 6
earliest snapshot
2012
median change a year
+7%

Exhibit 3

2 of 3 project management tools are on course to cost more by Nov 2027

Project management tools price prediction 2027: projected change in each product's headline price over the next 12 months

Last three yearsProjected to fallProjected to riseNext 12 months, shaded: likely range

Notion

Plus

$8$10$10.9 (+9%)2023Today2027

Linear

Basic

$8$10$11.07 (+11%)2023Today2027

monday.com

Basic

$8$9$9 (0%)2023Today2027

Note: The trend of each headline plan over the last three years carried forward 12 months, with a likely range from how much the price has moved before. Arithmetic on past list prices, not a forecast.

Exhibit 4

2 of 3 products raised their headline price over the last three years

Compound yearly change of each product's headline plan, last three years

Price fellPrice rose
  • LinearBasic+11% a year
  • NotionPlus+9% a year
  • monday.comBasic0% a year
Source: Live and archived pricing pages; SaaS Pricing Tracker analysis.

Exhibit 5

Trend and price prediction, plan by plan

Compound yearly change from each plan’s first to latest price within the last three years, and where the price lands in 6 and 12 months if that rate holds. A projection from past list prices, not a forecast.

Product and planFromNowPer yearIn 6 monthsIn 12 months
NotionUSD per member per month, billed annually
Plus$8Apr 2024$10+9%$10.44$9.45 to $11.54$10.9$9.47 to $12.56
Business$15Oct 2024$20+15%$21.43$18.61 to $24.67$22.96$18.81 to $28.03
LinearUSD per user per month, billed annually
Basic$8Aug 2024$10+11%$10.52$9.45 to $11.71$11.07$9.51 to $12.88
Business$14Feb 2024$16+5%$16.4$14.66 to $18.34$16.81$14.35 to $19.69
monday.comUSD per seat per month, billed annually
Basic$9Jan 2024$90%$9$8.69 to $9.32$9$8.56 to $9.46
Standard$12Jan 2024$120%$12$11.58 to $12.43$12$11.41 to $12.62

Exhibit 6

Asana Starter rose 32% since 2016, from $8.33 to $10.99

Asana price history, USD per user per month, billed annually

Asana is a work management tool for tracking projects and tasks across teams. It moved from per-workspace pricing to per-user seats in 2016 and has raised its seat prices twice since.

Changed between readings
$0$10$20$3020182020202220242026$24.99 Advanced +25%$10.99 Starter +10%
Note: USD per user per month, billed annually.Source: Internet Archive snapshots of asana.com/pricing; SaaS Pricing Tracker analysis.
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ObservedStarterAdvanced
Jul 8, 2016$8.33
Jan 2, 2017$8.33
Jul 7, 2017$9.99
Jan 3, 2019$19.99
Jul 4, 2019$9.99$19.99
Jan 1, 2020$10.99$24.99
Jan 1, 2026$10.99$24.99
Sep 21, 2026$10.99$24.99

Starter has been listed since Jul 2016, starting at $8.33. It went up to $9.99 by Jul 2017 (+20%), and finally went up to $10.99 by Jan 2020 (+10%).

Advanced appeared by Jan 2019 at $19.99. It went up to $24.99 by Jan 2020 (+25%).

Before 2016 Asana priced by workspace size, from $50 a month for 15 members. Premium was renamed Starter and Business became Advanced in 2024.

Full Asana pricing analysisVisit Asana

Exhibit 7

Basecamp Flat plan rose 33% since 2012, from $150 to $199

Basecamp price history, USD per month for the whole company, unlimited users

Basecamp is the project management tool from 37signals and the loudest critic of per-seat pricing. It charges one flat monthly price for the whole company, a stance it has kept since 2004 even as the number changed.

Flat planChanged between readings
$0$100$200$300$4002014201620182020202220242026$199 Flat plan −33%
Note: USD per month for the whole company, unlimited users.Source: Internet Archive snapshots of basecamp.com/pricing; SaaS Pricing Tracker analysis.
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The plan has been listed since Mar 2012, starting at $150. It came down to $99 by Nov 2016 (-34%), then went up to $299 by Jan 2023 (+202%), and finally came down to $199 by Nov 2026 (-33%).

Basecamp has always sold a flat company-wide price rather than seats. The 2012 tiers were split by number of projects, from $20 to $150. Basecamp 3 launched at $99 flat in 2016. Since 2023 the flat plan is Pro Unlimited at $299 billed annually, $349 monthly, next to a $15 per user plan for small teams. In November 2026 Pro Unlimited is cheaper, $199 billed annually and $329 monthly, and sits above new capped packages: Freelancer at $29 with 5 users, Pro at $79 with 10 and Pro Plus at $99 with 15.

Full Basecamp pricing analysisVisit Basecamp

Exhibit 8

ClickUp Business rose 42% since 2026, from $12 to $17

ClickUp price history, USD per user per month, billed annually

ClickUp is the all-in-one work app that bundles tasks, docs, chat and goals. It prices per user with a free forever tier that stays generous on features.

No longer sold (1 plan)
$10$20$50$100Nov 2026$12 → $17 · Nov 2026$100 Max$17 Business +42%$9 Core
Note: USD per user per month, billed annually. Log scale.Source: the live pricing page; SaaS Pricing Tracker analysis.
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ObservedBusinessCoreMaxUnlimited
Sep 20, 2026$12$7
Nov 2, 2026$17$9$100not offered

Unlimited has been listed since Sep 2026, starting at $7. It was no longer listed by Nov 2026.

Business has been listed since Sep 2026, starting at $12. It went up to $17 by Nov 2026 (+42%).

Core appeared by Nov 2026 at $9.

Max appeared by Nov 2026 at $100.

ClickUp keeps a free forever plan and two paid seat tiers below Enterprise. In November 2026 Unlimited was replaced by Core at $9, Business went from $12 to $17 and a new Max tier costs $100 per user, all billed annually.

Full ClickUp pricing analysisVisit ClickUp

Exhibit 9

Linear Business rose 33% since 2021, from $12 to $16

Linear price history, USD per user per month, billed annually

Linear is the issue tracker of choice for product teams that find Jira heavy. It prices per user with a generous free tier and only two paid tiers.

Changed between readings
$0$5$10$15$20202120222023202420252026$16 Business +14%$10 Basic +25%
Note: USD per user per month, billed annually.Source: Internet Archive snapshots of linear.app/pricing; SaaS Pricing Tracker analysis.
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Basic has been listed since Jul 2020, starting at $8. It went up to $10 by Feb 2026 (+25%).

Business appeared by Jan 2021 at $12. It went up to $14 by Feb 2023 (+17%), then came down to $12 by Aug 2024 (-14%), then went up to $14 by Feb 2025 (+17%), and finally went up to $16 by Feb 2026 (+14%).

Standard was renamed Basic and Plus became Business when the plans were relaunched in 2024, so each series continues under its current name. Business launched at $12, below the $14 Plus it replaced, and was back at $14 within a year. Both paid plans went up by $2 between August 2025 and February 2026.

Full Linear pricing analysisVisit Linear

Exhibit 10

Miro Starter fell 20% since 2013, from $10 to $8

Miro price history, USD per user per month, billed annually

Miro is the online whiteboard that began life as RealtimeBoard. It has always sold per user, experimenting with five-user packs along the way, and its team price has hovered around $8 since 2014.

Changed between readings
$0$5$10$15$20$252014201620182020202220242026$20 Business$8 Starter +14%
Note: USD per user per month, billed annually.Source: Internet Archive snapshots of realtimeboard.com/pricing; SaaS Pricing Tracker analysis.
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Starter has been listed since Jun 2013, starting at $10. It came down to $8 by Jan 2014 (-20%), then came down to $7 by Mar 2016 (-12%), and finally went up to $8 by Feb 2017 (+14%).

Business appeared by Nov 2026 at $20.

Miro was called RealtimeBoard until 2019. Between 2015 and 2018 the team plan was sold as a pack of five users; those prices are divided by five here. Snapshots of miro.com after the rename are rendered in the browser and carry no prices. The Team plan is now called Starter, still $8 per member billed yearly in November 2026, with Business at $20.

Full Miro pricing analysisVisit Miro

Exhibit 11

monday.com Basic rose 80% since 2018, from $5 to $9

monday.com price history, USD per seat per month, billed annually

monday.com is a work operating system that started as a team task board and grew into project, CRM and dev products. It moved from five-seat packs to per-seat pricing in 2021 and has raised the seat price twice.

Changed between readings
$0$5$10$15$20$252020202220242026$19 Pro +19%$12 Standard +20%$9 Basic +13%
Note: USD per seat per month, billed annually.Source: Internet Archive snapshots of monday.com/pricing; SaaS Pricing Tracker analysis.
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ObservedBasicStandardPro
Oct 19, 2018$5$7.80$11.80
Jul 10, 2019$5$7.80$11.80
Jan 28, 2020$7.80$9.80$15.80
Jul 11, 2021$8$10$16
Jan 16, 2023$8$10$16
Jan 27, 2024$9$12
Jul 7, 2025$9$12
Nov 2, 2026$9$12$19

Basic has been listed since Oct 2018, starting at $5. It went up to $7.80 by Jan 2020 (+56%), then went up to $8 by Jul 2021 (+3%), and finally went up to $9 by Jan 2024 (+13%).

Standard has been listed since Oct 2018, starting at $7.80. It went up to $9.80 by Jan 2020 (+26%), then went up to $10 by Jul 2021 (+2%), and finally went up to $12 by Jan 2024 (+20%).

Pro has been listed since Oct 2018, starting at $11.80. It went up to $15.80 by Jan 2020 (+34%), then went up to $16 by Jul 2021 (+1%), and finally went up to $19 by Nov 2026 (+19%).

Until 2021 monday.com sold packs of five seats; those prices are divided by five here. Per-seat pricing with a three seat minimum arrived in 2021 and every tier went up again in early 2024. The Pro price after 2023 was not legible in the archived copies. By November 2026 Pro had risen to $19 billed annually ($24 monthly), while Basic and Standard held at $9 and $12.

Full monday.com pricing analysisVisit monday.com

Exhibit 12

Notion Business rose 33% since 2023, from $15 to $20

Notion price history, USD per member per month, billed annually

Changed between readings
No longer sold (1 plan)
$5$10$2020222023202420252026$20 Business +33%$10 Plus +25%
Note: USD per member per month, billed annually. Log scale.Source: Internet Archive snapshots of notion.so/pricing; SaaS Pricing Tracker analysis.
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ObservedPlusBusinessPersonal Pro
Apr 10, 2021$8$4
Oct 2, 2022$4
Jan 7, 2023$15not offered
Apr 4, 2024$8
Jul 1, 2024$10
Oct 2, 2024$10$15
Mar 16, 2026$10$20
Nov 2, 2026$10$20

Plus has been listed since Apr 2021, starting at $8. It went up to $10 by Jul 2024 (+25%).

Business appeared by Jan 2023 at $15. It went up to $20 by Mar 2026 (+33%).

Personal Pro has been listed since Apr 2021, starting at $4. It was no longer listed by Jan 2023.

Team was renamed Plus and Personal Pro was folded into the free plan in January 2023, when Business was introduced. Business went up from $15 to $20 between late 2024 and March 2026. Snapshots before April 2021 and during 2025 are rendered in the browser and carry no prices.

Full Notion pricing analysisVisit Notion

Exhibit 13

Trello Premium rose 20% since 2016, from $8.33 to $10

Trello price history, USD per user per month, billed annually

Trello is the kanban board app from Atlassian. Cards move across lists, and the paid plans add automation, views like timeline and calendar, and admin controls. It has kept a generous free tier for its entire life.

Changed between readings
$0$5$10$15$20$2520182020202220242026$17.50 Enterprise −16%$10 Premium$5 Standard
Note: USD per user per month, billed annually.Source: Internet Archive snapshots of trello.com/pricing; SaaS Pricing Tracker analysis.
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ObservedStandardPremiumEnterprise
Jan 5, 2016$8.33$20.83
Jul 8, 2016$9.99
Jul 7, 2020$17.50
Jul 16, 2021$10
Jan 3, 2022$5
Jul 1, 2026$5$10$17.50
Nov 2, 2026$5$10$17.50

Standard appeared by Jan 2022 at $5. The price was unchanged through Nov 2026.

Premium has been listed since Jan 2016, starting at $8.33. It went up to $9.99 by Jul 2016 (+20%), and finally went up to $10 by Jul 2021.

Enterprise has been listed since Jan 2016, starting at $20.83. It came down to $17.50 by Jul 2020 (-16%).

Business Class was renamed Premium at the start of 2022, when the cheaper Standard plan was introduced.

Full Trello pricing analysisVisit Trello

2026

  1. Basecamp cut the Flat plan price

    • Flat plan went from $299 to $199 (-33%)

    USD per month for the whole company, unlimited users. Archived pricing page

  2. ClickUp changed its plans and prices

    • Unlimited no longer listed, was $7
    • Business went from $12 to $17 (+42%)
    • Core listed at $9
    • Max listed at $100

    USD per user per month, billed annually. Archived pricing page

  3. Miro added the Business plan

    • Business listed at $20

    USD per user per month, billed annually. Archived pricing page

  4. monday.com raised the Pro price

    • Pro went from $16 to $19 (+19%)

    USD per seat per month, billed annually. Archived pricing page

  5. Notion raised the Business price

    • Business went from $15 to $20 (+33%)

    USD per member per month, billed annually. Archived pricing page

  6. Linear raised the Basic and Business prices

    • Basic went from $8 to $10 (+25%)
    • Business went from $14 to $16 (+14%)

    USD per user per month, billed annually. Archived pricing page

2025

  1. Linear raised the Business price

    • Business went from $12 to $14 (+17%)

    USD per user per month, billed annually. Archived pricing page

2024

  1. Linear cut the Business price

    • Business went from $14 to $12 (-14%)

    USD per user per month, billed annually. Archived pricing page

  2. Notion raised the Plus price

    • Plus went from $8 to $10 (+25%)

    USD per member per month, billed annually. Archived pricing page

  3. monday.com raised the Basic and Standard prices

    • Basic went from $8 to $9 (+13%)
    • Standard went from $10 to $12 (+20%)

    USD per seat per month, billed annually. Archived pricing page

2023

  1. Linear raised the Business price

    • Business went from $12 to $14 (+17%)

    USD per user per month, billed annually. Archived pricing page

  2. Notion changed its plans and prices

    • Business listed at $15
    • Personal Pro no longer listed, was $4

    USD per member per month, billed annually. Archived pricing page

  3. Basecamp raised the Flat plan price

    • Flat plan went from $99 to $299 (+202%)

    USD per month for the whole company, unlimited users. Archived pricing page

2022

  1. Trello added the Standard plan

    • Standard listed at $5

    USD per user per month, billed annually. Archived pricing page

2021

  1. Trello raised the Premium price

    • Premium went from $9.99 to $10

    USD per user per month, billed annually. Archived pricing page

  2. monday.com raised the Basic, Standard and Pro prices

    • Basic went from $7.80 to $8 (+3%)
    • Standard went from $9.80 to $10 (+2%)
    • Pro went from $15.80 to $16 (+1%)

    USD per seat per month, billed annually. Archived pricing page

  3. Linear added the Business plan

    • Business listed at $12

    USD per user per month, billed annually. Archived pricing page

2020

  1. Trello cut the Enterprise price

    • Enterprise went from $20.83 to $17.50 (-16%)

    USD per user per month, billed annually. Archived pricing page

  2. monday.com raised the Basic, Standard and Pro prices

    • Basic went from $5 to $7.80 (+56%)
    • Standard went from $7.80 to $9.80 (+26%)
    • Pro went from $11.80 to $15.80 (+34%)

    USD per seat per month, billed annually. Archived pricing page

  3. Asana raised the Starter and Advanced prices

    • Starter went from $9.99 to $10.99 (+10%)
    • Advanced went from $19.99 to $24.99 (+25%)

    USD per user per month, billed annually. Archived pricing page

2019

  1. Asana added the Advanced plan

    • Advanced listed at $19.99

    USD per user per month, billed annually. Archived pricing page

2017

  1. Asana raised the Starter price

    • Starter went from $8.33 to $9.99 (+20%)

    USD per user per month, billed annually. Archived pricing page

  2. Miro raised the Starter price

    • Starter went from $7 to $8 (+14%)

    USD per user per month, billed annually. Archived pricing page

2016

  1. Basecamp cut the Flat plan price

    • Flat plan went from $150 to $99 (-34%)

    USD per month for the whole company, unlimited users. Archived pricing page

  2. Trello raised the Premium price

    • Premium went from $8.33 to $9.99 (+20%)

    USD per user per month, billed annually. Archived pricing page

  3. Miro cut the Starter price

    • Starter went from $8 to $7 (-12%)

    USD per user per month, billed annually. Archived pricing page

2014

  1. Miro cut the Starter price

    • Starter went from $10 to $8 (-20%)

    USD per user per month, billed annually. Archived pricing page

Project management tools pricing questions

What does a project management tool cost?
Paid plans start at $10.99 per user per month, billed annually for Asana (USD per user per month, billed annually), $199 per month for the whole company for Basecamp (USD per month for the whole company, unlimited users), $9 per user per month, billed annually ($12 monthly) for ClickUp (USD per user per month, billed annually), $10 per user per month for Linear (USD per user per month, billed annually), $8 per member per month, billed yearly for Miro (USD per user per month, billed annually), €9 per seat per month, billed annually, minimum 3 seats for monday.com (USD per seat per month, billed annually), $10 for Notion (USD per member per month, billed annually), $5 per user per month, billed annually ($6 monthly) for Trello (USD per user per month, billed annually), $7.91 per user per month, billed monthly for Jira (USD per user per month, billed monthly). Prices are as shown on each pricing page when it was last read.
What is project management tool pricing based on?
Asana and ClickUp and Linear and Miro and monday.com and Notion and Trello and Jira: per seat. Basecamp: flat per company.
Which project management tools have a free plan?
Asana, ClickUp, Linear, Miro, monday.com, Trello, Jira list a free plan next to the paid tiers.
Which project management tools have changed their prices?
Asana: Starter has been listed since Jul 2016, starting at $8.33. It went up to $9.99 by Jul 2017 (+20%), and finally went up to $10.99 by Jan 2020 (+10%). Advanced appeared by Jan 2019 at $19.99. It went up to $24.99 by Jan 2020 (+25%). Basecamp: The plan has been listed since Mar 2012, starting at $150. It came down to $99 by Nov 2016 (-34%), then went up to $299 by Jan 2023 (+202%), and finally came down to $199 by Nov 2026 (-33%). ClickUp: Unlimited has been listed since Sep 2026, starting at $7. It was no longer listed by Nov 2026. Business has been listed since Sep 2026, starting at $12. It went up to $17 by Nov 2026 (+42%). Core appeared by Nov 2026 at $9. Max appeared by Nov 2026 at $100. Linear: Basic has been listed since Jul 2020, starting at $8. It went up to $10 by Feb 2026 (+25%). Business appeared by Jan 2021 at $12. It went up to $14 by Feb 2023 (+17%), then came down to $12 by Aug 2024 (-14%), then went up to $14 by Feb 2025 (+17%), and finally went up to $16 by Feb 2026 (+14%). Standard was renamed Basic and Plus became Business when the plans were relaunched in 2024, so each series continues under its current name. Business launched at $12, below the $14 Plus it replaced, and was back at $14 within a year. Both paid plans went up by $2 between August 2025 and February 2026. Miro: Starter has been listed since Jun 2013, starting at $10. It came down to $8 by Jan 2014 (-20%), then came down to $7 by Mar 2016 (-12%), and finally went up to $8 by Feb 2017 (+14%). Business appeared by Nov 2026 at $20. monday.com: Basic has been listed since Oct 2018, starting at $5. It went up to $7.80 by Jan 2020 (+56%), then went up to $8 by Jul 2021 (+3%), and finally went up to $9 by Jan 2024 (+13%). Standard has been listed since Oct 2018, starting at $7.80. It went up to $9.80 by Jan 2020 (+26%), then went up to $10 by Jul 2021 (+2%), and finally went up to $12 by Jan 2024 (+20%). Pro has been listed since Oct 2018, starting at $11.80. It went up to $15.80 by Jan 2020 (+34%), then went up to $16 by Jul 2021 (+1%), and finally went up to $19 by Nov 2026 (+19%). Until 2021 monday.com sold packs of five seats; those prices are divided by five here. Per-seat pricing with a three seat minimum arrived in 2021 and every tier went up again in early 2024. The Pro price after 2023 was not legible in the archived copies. By November 2026 Pro had risen to $19 billed annually ($24 monthly), while Basic and Standard held at $9 and $12. Notion: Plus has been listed since Apr 2021, starting at $8. It went up to $10 by Jul 2024 (+25%). Business appeared by Jan 2023 at $15. It went up to $20 by Mar 2026 (+33%). Personal Pro has been listed since Apr 2021, starting at $4. It was no longer listed by Jan 2023. Team was renamed Plus and Personal Pro was folded into the free plan in January 2023, when Business was introduced. Business went up from $15 to $20 between late 2024 and March 2026. Snapshots before April 2021 and during 2025 are rendered in the browser and carry no prices. Trello: Standard appeared by Jan 2022 at $5. The price was unchanged through Nov 2026. Premium has been listed since Jan 2016, starting at $8.33. It went up to $9.99 by Jul 2016 (+20%), and finally went up to $10 by Jul 2021. Enterprise has been listed since Jan 2016, starting at $20.83. It came down to $17.50 by Jul 2020 (-16%).
Are project management tools prices going up or down?
Across the 6 plans we chart, list prices over the last three years are rising, by a median 7% a year. Increases outnumber cuts, 23 to 6.
How are the price predictions calculated?
Each plan gets a compound yearly rate of change between its first and latest observed list price within the last 36 months. The 6 and 12 month figures apply that rate to the latest price. Plans moving more than 100 percent a year are not projected, and a plan needs at least three observations spanning nine months. It is arithmetic on past list prices, not a forecast of what any company will do.

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