Employer-paid premiums are increasing yet again with a 5.5percent rise forecast for 2015, the biggest such increase in thelast few years, according to analysis. Meanwhile, employees' shareof the cost is growing at a much higher rate.
Aon Hewitt's analysis showed the average health care cost peremployee is projected to jump to $11,304 per employee, from $10,717in 2014. It's the highest percentage rate increase since 2011, whenemployer costs rose 8.5 percent, Aon Hewitt said. The last twoincreases in 2013 and 2014 were a more modest 3.3 percent and 4.4percent, respectively.
Employees will be asked to contribute 23.6 percent of the totalhealth care premium, which equates to $2,664 for 2015. That's up 7percent from last year.
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.