The alarming jump in employer-sponsored health plan premiums appears to be a thing of the past, with increases now closer to the 4 percent to 5 percent level annually.
Yet such increases still outpace cost-of-living increases, which have remained around 2 percent. With this in mind, more employers now are aiming to peg health plan increases to CPI increases, according to a new Towers Watson study.
The "2015 Emerging Trends in Health Care Survey" reinforced other research that's indicated a slowing of increases in insurance costs. This year, employers in the survey said they anticipate a 4 percent increase after their plan design changes. Last year, they projected 4.5 percent. Without any changes, the increase is still modest: 5.2 percent.
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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.
