Per-Employee Health Benefit Costs up Slightly in 2014

Employers expect health benefit costs per employee will rise by 4.8% on average in 2014, based on early responses from an annual survey conducted by Mercer. Cost growth slowed to 4.1% in 2012, a 15-year low. The projected increase for 2014, while still relatively low, represents a slight uptick in the rate of growth.

Employer strategies for managing cost growth: More consumer-directed health plans such as health savings accounts, wellness programs and private health care exchanges, for-profit versions of the Affordable Care Act’s state-based insurance exchanges.

” This information is proudly provided by Business Management