HealthExec September 18, 2024
A survey from human resources consultancy firm Mercer found the costs for employers who provide healthcare benefits, including insurance, are expected to rise by 5.8% in 2025—and that’s only if they enact cost-controlling measures.
According to Mercer’s 2024 National Survey of Employer-Sponsored Health Plan, the price of health insurance could rise as much as 7%. For smaller companies, defined as those with between 50 to 499 employees, the cost to offer health plans that would fully insure their labor force could spike 9%, unless they make some changes.
The survey results are based on answers from 1,800 respondents, representing employers of various sizes from across the U.S. Of them, 53% said they would be implementing cost-saving measures to mitigate...
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