Business group sounds the alarm on historic surge in health care costs for 2025
Medical Economics December 3, 2024
Key Takeaways
- Employers face historic health care cost growth, prompting new strategies like direct contracting and value-based care to manage expenses and maintain quality.
- Rising pharmacy costs, driven by specialty medications, lead employers to reassess pharmacy benefit managers and explore biosimilars for cost savings.
- Mental health remains a priority, with employers focusing on holistic approaches and integrating mental health services into primary care and virtual options.
- Employers demand greater vendor accountability, emphasizing cost transparency, quality, and outcomes to improve care delivery and affordability.
Employers face tough decisions on health care coverage as costs continue to rise.
The Business Group on Health has identified health care costs as a major trend employers will need to navigate in 2025. With...