Healthcare DIVE September 17, 2024
Emily Olsen

About half of employers said they would make cost-cutting changes to their plans next year, like increasing deductibles or other cost-sharing provisions, according to the report by consultancy Mercer.

Dive Brief:

  • Health benefit costs per employee are expected to rise 5.8% on average next year, even after companies implement cost-saving measures like raising deductibles, according to preliminary data from consultancy Mercer.
  • If employers don’t use cost-cutting strategies, Mercer estimates their expenses will rise by about 7% on average. Smaller companies with 50 to 499 workers would be particularly hard hit: Their expenses would spike by about 9% on average if they don’t take action to lower costs.
  • Next year could be the third consecutive year with cost...

Today's Sponsors

Venturous
Got healthcare questions? Just ask Transcarent

Today's Sponsor

Venturous

 
Topics: Employer, Insurance, Patient / Consumer, Survey / Study, Trends
Why CEOs Keep Betting On The Wrong Innovations?
The High Price of Treatment Resistant Depression for Employers
The Pandemic Proved That Remote Leadership Works
More than 65 Organizations Call on Workplaces to Provide Comprehensive Obesity Care Coverage
The state of AI: How organizations are rewiring to capture value

Share This Article