MCOL August 16, 2019
The National Business Group on Health has released their annual study – The 2020 Large Employers’ Health Care Strategy and Plan Design Survey, which found “employers project the total cost of health benefits will rise 5% in 2020, taking cost management initiatives into account. That increase is identical to 2019’s projected increase – but actual costs are coming in lower. Large employers reported the actual increase in 2018 was 3.6%.”
For comparison, PwC’s Health Research Institute in their June report: Medical cost trend: Behind the numbers 2020, projected which projects the 2020 trend to be a six percent cost increase. In late July Milliman released their 2019 Milliman Medical Index, a 12-page report and their 15th annual analysis that “measures...