Becker's Healthcare August 21, 2024
Pharmacy, cancer and musculoskeletal conditions remain the top drivers of increased healthcare costs for employers, but cardiovascular conditions are on the rise as well, a Business Group on Health report found.
Business Group of Health’s “2025 Employer Health Care Strategy Survey” surveyed 125 large employers across varied industries who together cover 17.1 million workers. The survey was conducted between June 3 and July 12.
The survey found projected healthcare costs will jump almost 8% in 2025, the highest in more than a decade. The increase comes among heightened demand for expensive drugs such as GLP-1s and the ongoing burden of treating cancer and other chronic conditions.
“Employers are steadfast in their desire to provide comprehensive offerings to their workforces,” Ellen...