The projected 7.8 percentincrease is lower than the 8.4 percent rise in 2018, thanks toemployer cost containment measures, tighter procurement of medicalgoods and new health improvement initiatives. (Photo:Shutterstock)
Employers shouldn't look for any respite from rising medical costs in the coming year,according to the 2019 Global Medical Trend Report from Aon.
But they won't be alone in facing an expected increase of nearly8 percent. In fact, the report says, they'll have plenty ofcompany—costs are going up globally, with the expectedaverage increase before plan changes in medical and pharmacy cost for employer-sponsored medicalplans in 2019 of 7.8 percent.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
