Wall Street Journal October 16, 2023
Healthcare costs are rising at the steepest rate in years, leaving CFOs to manage the price tags
Zimmer Biomet’s health-insurance costs have in the past few years gone from increases of 3% to 5% to an expected 7% to 10% in 2024. PHOTO: MORITZ HAGER/REUTERS
Companies are seeing health-insurance costs climb at the steepest rate in years, a trend that has finance chiefs looking for ways to remain competitive with job seekers while managing those higher expenses.
Health-insurance costs, which are among the largest expenses for many U.S. companies, are projected to rise around 6.5% for 2024, according to consulting firm Mercer....
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