Health Payer Intelligence January 3, 2024
In 2024, healthcare costs will drive decision-making in employer sponsored health plans as they reassess their point solutions and benefits.
Employers are stuck between a rock and a hard place in 2024, with unsustainable healthcare spending in their employer-sponsored health plans and a reticence to shift any more of the cost to their workers.
Some experts are calling the new year “2023 2.0” because companies faced the same dilemma in 2023. The year before that in 2022, employers tried to shift costs from premiums to out-of-pocket spending. In 2024, however, this approach is not as attractive because it may drive away potential job candidates and drive out current employees.
As a result, 2024 is the year that employers must be...