A new study by ThomsonReuters finds health care costs for employers increased 7.3percent in 2009, a climb from 6.1 percent 2008.
Analysts at Thomson Reuters are quick to note 2009 was a yearfor negative inflation: "In a year when inflation was non-existent,employer healthcare costs continued to surge," said Chris Justice,author of the report and director of practice leadership for theHealthcare & Science business of Thomson Reuters, in a releasedstatement. "This analysis puts the real-world healthcare challengesfacing employers into perspective. These cost increases have comeat a particularly difficult time for U.S. companies."
The nation's overall health care spending, which includesMedicare and Medicaid, grew at 4.8 percent - modest compared to howmuch employers are paying. And small employers especially arefeeling the pinch.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.