71% of employers expect moderate to significant cost increases to health care benefits over the next three years

Medical Economics September 19, 2022
Todd Shryock

Survey finds employers planning a multitude of measures to deal with the increases

When it comes to health care costs, 71% of employers said they expect moderate to significant increases over the next three years, according to a survey from global advisory firm WTW. Employers expect costs to jump 6% next year compared to the 5% most are experiencing this year, with 54% expecting their health care costs this year to exceed their budgets.

Most (67%) employers plan to prioritize controlling rising health care benefit costs using a multitude of strategies, including implementing programs or switching vendors (52%) or shifting costs to employees (24%) through higher premium contributions.

“With no end in sight to projected cost increases, the need to...

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