Post-Acute Advisor September 23, 2020
Large employers plan to expand virtual care offered to employees next year as well as double down on mental health and emotional well-being as they continue to address the COVID-19 pandemic, according to an annual survey by Business Group on Health (BGH). While the pandemic’s impact is fueling uncertainty about overall costs, respondents to the “2021 Large Employers’ Health Care Strategy and Plan Design Survey” expect the total cost of health benefits to rise 5.3% in 2021, taking cost management initiatives into account. The increase is slightly higher than the 5% increases employers projected in each of the last 5 years.
Including premiums and out-of-pocket costs for employees and dependents, the total cost of health care is estimated to average...