Search
 

Large employers see health cost reductions

Employers expect to see cost increases around 5 percent in 2016 -- down from 7 percent this year -- as changes in plan design begin to have a greater impact on cost.

By Dan Cook | Updated on August 13, 2014
(Image courtesy of foto76/FreeDigitalPhotos.net)

The rising cost of providing employee health benefits won’t be rising as fast in 2015 as it did this year. And that reduction in annual increases could become a trend, at least among large U.S. employers.

Those are two significant findings from a survey from the National Business Group on Health, a non-profit association of nearly 400 large U.S. employers. The survey suggests that the efforts by large employers to better control their health-care costs are working as they integrate wellness plans, cost-sharing and consumer-directed health plan elements into their design strategies. No respondent to the survey expects to discontinue offering coverage to employees in the near term.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 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.

Dan Cook

Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.

More from this author

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.