Becker's Healthcare November 22, 2024
Employer-sponsored insurance costs rose about 5% in 2024, driven in part by coverage of expensive weight loss medications, according to Mercer’s National Survey of Employer-Sponsored Health Plans.
Parts of the survey were originally released earlier this year, with new data published Nov. 20. Mercer surveyed 2,194 employers with at least 50 employees from June 12 to Aug. 16.
Five notes:
1. Employers are spending an average of $16,501 on health insurance per employee in 2024, with a 6% increase expected in 2025.
2. Prescription drug costs are the fastest growing area of benefits spending, rising 7.7% in 2024 and driven in part by...
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