The runaway train of rising health-care costs has slowed, but you’re forgiven if you haven’t noticed: New research shows that employees are contributing a record amount toward their coverage, a trend that experts say is likely to continue as high-deductible plans and stingier benefits become more commonplace.
New data from consulting firm Aon Hewitt show that health care costs for mid-sized and large companies costs rose 3.2 percent in 2015, the smallest increase since 1996. The amount employees have to pay in premiums and out-of-pocket costs, though, hit a record of nearly $4,700 — and that figure will rise by another $370 next year, it forecast.
Other studies have drawn similar conclusions. “We anticipate that the rate of increase will pick up again. Our study data shows that cost increases over the past couple of years have been somewhat suppressed,” said Les McPhearson, CEO of United Benefits Advisors, which found in its own annual study a 2.4 percent rate of increase this year over 2014. For the full article click here
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