INDIANAPOLIS (AP) — Health care costs will take another leap next year, and more employers will ask their workers to help absorb that by paying deductibles even if the care is within a plan's network of providers, according to the consulting firm PwC.
The percentage of companies that ask their employees to pay deductibles for in-network care has grown steadily the past few years. For instance, PwC said only 11 percent of the companies it surveys annually on expected health care costs reported deductibles of $1,000 or greater in 2009. But it expects that total to rise to 28 percent next year.
The percentage of employers with deductibles of $400 or greater will climb to a projected 54 percent next year from 31 percent in 2009.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
