In this Q&A, Charisse Vaughn, a senior vice president and the Texas Market Leader for Holmes Murphy, along with her colleagues, Nick Karls, compliance director, and Nathan Cassin, pharmacy director, provide an overview of the current state of the health care and benefits landscape. They examine the impacts of inflation, provide updates on important legislation, and discuss other key trends impacting advisors and their employer clients.
|How is the spike in general inflation impacting health care?
General consumer inflation has rightfully become a highly discussed topic. The annual inflation rate for the U.S. was 8.2% for the 12 months that ended September 2022, according to U.S. Labor Department data published October 13. Although there has been some recent positive momentum according to to the November 10 update, this is a topic that will continue to have a dramatic impacts.
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