MedCity News August 21, 2024
Marissa Plescia

Prescriptions, GLP-1s and cancer are major contributors to employers’ healthcare costs, according to a new survey from the Business Group on Health.

Employers’ projected healthcare cost trend, reflecting the expected annual percentage increase in patient treatment costs, rose from 6% in 2022 to nearly 8% by 2025, according to a new survey from the Business Group on Health.

“That is the highest projection we’ve seen by this survey in over 15 years,” said Ellen Kelsay, president and CEO of Business Group on Health, during a media briefing. “And at that rate of increase, when compounded, healthcare costs in 2025 will be more than 50% of 2017 levels. What’s worse is this healthcare inflation is expected to persist.”

The Business Group...

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Topics: Employer, Govt Agencies, Healthcare System, Insurance, Patient / Consumer, Pricing / Spending, Provider, Survey / Study, Trends
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