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Employers foresee above-average benefits cost rise

A report from Insurance Journal says that early employer respondents indicate that they expect their average cost per employee for health benefits will rise by 4.3 percent in 2018.

By Marlene Y. Satter | Updated on September 19, 2017
Employee premium costs are projected to average $2,678 in 2018. (Photo: Shutterstock)

It looks as if 2018 is going to cost more for employers who provide benefits packages to their workers — and employers are expecting the cost increase to be even higher than it has been for the past five years.

A report from Insurance Journal says that early employer respondents to Mercer’s National Survey of Employer-Sponsored Health Plans, 2017 indicate that they expect their average cost per employee for health benefits will rise by 4.3 percent in 2018. For the past five years, the average increase ran 3 percent.

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