While employer spending on health care may fall in 2020 as compared to 2019, it could jump in 2021 depending on several factors. (Photo: Shutterstock)
It's no secret that the economic impact of the COVID-19 shutdown, massive strain on the health care system and shelter-in-place rules large of the population have adopted have changed American life in many ways, some likely permanent.
A just released annual report by PwC's Health Research Institute, "Medical Cost Trend: Behind the Numbers," takes a deep dive into the forces driving health care costs and likely trends through 2021, predicting that costs could rise between 4% and 10%, depending on multiple factors.
Recommended For You
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
© 2025 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.