ECFC Community Blog
Blog Home All Blogs
Search all posts for:   

 

View all (33) posts »
 

For 2019, Employers Adjust Health Benefits as Costs Near $15,000 per Employee

Posted By Martin Trussell CFC, Tuesday, August 14, 2018

With the cost of employer-sponsored health care benefits expected to approach $15,000 per employee next year, large U.S. employers continue to make changes, new research reveals.

Many want to hold down cost increases and are steering employees toward cost-effective service providers, such as telehealth options and high-value in-plan provider networks, according to the nonprofit National Business Group on Health (NBGH) survey 2019 Large Employers' Health Care Strategy and Plan Design. The survey was conducted from May to June with 170 large employers as they finalized their 2019 health plan choices; more than 60 percent of respondents belong to the Fortune 500.

Health benefit costs are still rising at two times the rate of wage increases and three times general inflation, "making this [cost] trend unaffordable and unsustainable over the long term," Brian Marcotte, NBGH president and CEO, said at an Aug. 7 press conference in Washington, D.C.

Read more.

Tags:  Health care costs  NBGH  SHRM 

Share |
Permalink | Comments (0)