Healthcare Economist September 2, 2024
On this Labor Day, how is healthcare evolving for workers and firms? First, healthcare spending is on the rise, with costs increasing more than inflation. Fox Business reports on a new Aon study which says that:
…employer health care expenditures are projected to surge 9% in 2025 to more than $16,000 per employee, markedly higher than the 6.5% increase businesses saw in their health care budgets from 2023 to 2024.
One approach to save money is for employers to directly contract with health care providers. BenefitsPro reports that:
…around 75% of employers have already considered or used direct contracting, and another 41% said they likely will by 2025.
Cost for health care vary between individual and...
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