Fierce Healthcare November 25, 2019
Employer-sponsored health benefit costs are set to rise by nearly 7% globally in 2020, with insurers around the world especially concerned about the growing impact of mental health costs, a new report shows.
Analysts at Willis Towers Watson released their global survey on trends in employer health benefits—which polls 296 payers in 79 countries—and project a 6.8% increase in costs globally. In the U.S., health benefit costs are estimated to increase by 7.2%.
The largest increases are projected in Latin America (11.7%), while in Europe health benefit costs are set to rise by 4.3% in 2020. Insurers across the globe expect those increases are here to stay as well, the survey found, with 40% saying they believe health...
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