Rising healthcare costs could trickle down to workers: employer survey
Healthcare DIVE October 30, 2024
Employers’ biggest concern is higher drug costs, according to the National Alliance of Healthcare Purchaser Coalitions report.
Dive Brief:
- Almost three-fourths of employers believe that increasing healthcare costs lead to trade-offs with salary or wage increases and could necessitate more cost-shifting to employees, according to new survey from the National Alliance of Healthcare Purchaser Coalitions.
- The biggest perceived threat to healthcare affordability is drug prices, with 99% of employers agreeing it’s a significant threat, followed by high-cost claims and hospital prices, the survey found.
- It’s the latest survey finding employers are gearing up for rising healthcare costs, including by reconsidering arrangements with pharmacy benefit managers that could be inflating spending.
Dive Insight:
Employers expect spending on healthcare benefits...