Employer health costs expected to see sharpest increase in 20 years: Survey
Summary
The cost for employers to provide health benefits to workers is expected to rise by 8.2% in 2027, the largest increase in over 20 years. This prediction comes from a recent report by the financial consulting company Mercer.Key Facts
- Employer health benefit costs will increase by 8.2% in 2027.
- This is the highest rise in the past 20 years.
- Mercer is the company that made this projection.
- The increase is linked to ongoing factors that drive up healthcare expenses.
- Rising health costs affect budgets for businesses providing employee benefits.
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