An aging work force, poor employee health and costly medical conditions are expected to push health care costs per employee past the $10,000 mark for the first time in 2012.
According to an analysis by Aon Hewitt, the average health care premium per employee for large employers is believed to hit $10,475 in 2012, a jump from $9,792 in 2011, and $9,111 in 2010.
Still, health care costs are expected to grow at a lower rate in 2012 than 2011. In 2012, the analysis finds that the average health care premium rate will grow by 7 percent, a decline from 7.5 percent in 2011, which is similar to the 6.9 percent increase in 2010.
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.