AXIOS September 12, 2025
Health care inflation hit a three-year high last month, in the latest sign that workers could soon be juggling big premium increases with higher prices for groceries, clothing and other items subject to President Trump’s tariffs.
Why it matters: Medical prices have been steadily rising, but corporations projecting increases of 9% or more next year are no longer willing to insulate their employees from the pain.
Driving the news: Medical care costs rose 4.2%, compared with an overall inflation rate of 2.9%, the Bureau of Labor Statistics said Thursday.
- The cost of doctors’ visits increased 3.5%, and hospital and outpatient services rose 5.3%.
The big picture: Consulting firms are forecasting that the trend will carry over into next...
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