Health Populi October 3, 2018
These two trends combine for a 212% increase in workers’ deductibles in the past decade. This is about eight times the growth of workers’ wages in the U.S. in the same period.
Thus, the main takeaway from the study, KFF President and CEO Drew Altman noted, is that rising health care costs absolutely remain a burden for employers — but a bigger problem for workers in America.
Given that wages in the U.S. are increasing for some workers, “What happens with wages can be as important to closing the gap between cost sharing and wages as what happens with cost sharing itself,” Altman said.
Health benefits as a share of compensation have been stable for a decade. From the employer’s...