(Photo: Shutterstock)
Despite their best efforts to slow cost growth, U.S. employers are bracing for an expected 5.4% increase in worker health care costs in 2024. This estimate suggests that last year's high inflation and labor shortages in the health care industry have pushed costs higher, which contributes to higher health benefit costs, according to Mercer's National Survey of Employer-Sponsored Health Plans 2023.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 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.
