Rising health care costs are consistently a top concern for employers, and the COVID-19 pandemic only made things worse. In 2022, experts predict the medical cost trend will be 6.5%. While this is a decrease from the 7.0% medical cost trend predicted for 2021, it's still the second-highest trend in the past six years. This can be attributed to a few things, including the continued fight against COVID-19, patients seeking care they deferred during the pandemic, and the stark increase in behavioral health conditions.
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