It looks as if 2018 is going to cost more for employers who provide benefits packages to their workers — and employers are expecting the cost increase to be even higher than it has been for the past five years.

A report from Insurance Journal says that early employer respondents to Mercer's National Survey of Employer-Sponsored Health Plans, 2017 indicate that they expect their average cost per employee for health benefits will rise by 4.3 percent in 2018. For the past five years, the average increase ran 3 percent.

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
NOT FOR REPRINT

© 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.