MedCity News January 7, 2025
Multiple reports indicate that employers can expect rising healthcare costs in 2025. To address these costs, employers are holding their vendor partners accountable and evaluating their health plan and PBM partners.
The Business Group on Health, an employer advocacy organization, projects that healthcare costs will rise by 7.8% in 2025, the highest rate of increase in more than a decade.
Consulting firm Mercer expects total health benefit costs per employee to rise 5.8% in 2025, even after planned measures to reduce costs.
Consulting firm WTW, meanwhile, projects that global medical costs will grow by 10.4% in 2025.
Whatever the number, one thing is clear: Rising healthcare costs is a significant challenge that employers must contend with. Faced with these cost...
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