Projected cost increases for all types of medical plans will likely be down by between 0.2 and 0.6 percent through the first half of 2013, according to new research from Buck Consultants. It's the first time since 2001 that the survey indicated projected cost increases less than 10 percent for any plan type, a trend that will continue into 2013.
In a national survey of 123 insurers and administrators, Buck measured the projected average annual increase in employer-provided health care benefit costs. Insurers and administrators providing medical trends for the survey cover a total of approximately 109 million people.
The consulting firm found that PPOs will increase by 9.7 percent, POSs will increase by 9.5 percent, HMOs by 9.3 percent, and HDHPs by 9.6 percent. All four health plans increased by 9.9 percent in last year's survey.
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