HealthLeaders Media September 16, 2022
A survey finds the rate of increase for costs across categories such as medical and prescription drugs has slowed but should normalize.
While healthcare costs have seen reduction in the rate of increase, inflation has yet to affect premium rates for employer-sponsored health plans, according to a report by Buck.
The human resources consulting firm released its 43rd National Healthcare Trend Survey of nearly 100 health insurers and health plan administrators, finding that the recent increase in prices is not yet reflected in trend factors payers use to set premiums.
Harvey Sobel, Buck principal, consulting actuary, and survey director, stated that claims shot up in 2021 due to residual demand from COVID-19.
“While a temporary reduction in trends is welcome,...
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