Medical Xpress September 28, 2022
Negotiating lower health insurance premiums could help Fortune 500 companies increase profits while maintaining high-quality coverage for their workers, according to a new research paper from Rice University’s Baker Institute for Public Policy.
Employers are the largest source of health insurance coverage in the United States, accounting for 50.3% of the total population, according to the Kaiser Family Foundation. Employers’ health insurance premiums have risen faster than both wages and inflation for decades, according to the paper.
“Any factors that alter the affordability of employer-sponsored insurance can have significant consequences for the many workers who depend on it,” the authors wrote. “With this unique position of control over employees’ plans and negotiating power with insurance companies, employers could be growing...