The average worker in the U.S. will not be happy to hear this: they're likely to spend an average of $5,200 in health care costs next year.
That's according to a new analysis from Aon, which points to both inflation in medical costs and increases in employees' cost share for their health care as causes. In fact, Aon says that those two factors will boost U.S. employees' health care cost increases in 2018 to the highest levels in three years.
The analysis of actual employer-based health plan results used data calculated using Aon's Health Value Initiative database, which captures health care cost and benefit data for over 450 large U.S. employers representing 10 million participants, more than 1,260 plans and $54 billion in 2017 health care spending. And the picture isn't pretty.
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.
