Advisory Board August 8, 2024
According to a new report from Gallagher, employers said that high costs of medical services and specialty drugs, including GLP-1 medications for weight loss, were their top two healthcare cost management challenges.
Infographic: Investigating the high costs in employer-sponsored insurance
Employers are concerned about high medical, drug costs
For the report, Gallagher surveyed 3,552 organizations across the United States about current trends in employer healthcare costs.
Currently, only 52% of employers said they effectively manage healthcare costs.
Overall, 92% of respondents said their health plan premiums increased during their most recent renewal. Of these respondents, 24% said that they experienced double-digit increases in premium costs.
According to employers, their top two healthcare cost management challenges are high costs of medical...
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