The nation's largest employers expect health care costs to jump 8.9 percent in 2011. This year, costs increased an estimated 7 percent on average.
According to a survey from the National Business Group on Health, employers are using a number of strategies to mitigate these rising costs.
Tactics most often reported as the most effective in controlling costs were offering a consumer-directed health plan (21 percent), followed by wellness initiatives (20 percent), and increased employee cost-sharing (17 percent).
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:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.
