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How can employers contain health care costs? A Q&A with OneDigital's Sena Meilleur

With health care spending expected to increase 10% in the next three years, the case for reference-based pricing is growing, while employers with at least 100 employees should also be looking at self-funding.

By Lynn Cavanaugh | April 21, 2023 at 10:00 AM
Stethoscope on money (Photo: Shutterstock)

McKinsey & Co. recently released their report on health care outlook for the next three years, which unsurprisingly predicts health care costs to increase. Specifically, the report predicts a 10% annual increase in overall health care spending between now and 2026. Moreover, persisting inflation and recession fears combined with the impending health care increases are likely to further strain American wallets.

For employers, the predicted health care price increases place further emphasis on the need to contain employee health care costs. We talked to health care expert Sena Meilleur. Managing Principal at OneDigital, the nation’s leading strategic advisory firm focused on health, wealth, and retirement, to outline strategies for employers to better support workers in light of impending health care cost increases.

Lynn Cavanaugh

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