Employers Anticipate Health Benefit Cost Increases Above 5% in 2025
Trends in Health Benefit Costs
Mercer reports a continuing trend in health benefit cost increases, projecting rates exceeding 5% for the third consecutive year in 2025.
Addressing Rising Costs
- Employers face challenges in managing these escalating costs.
- Implementing innovative solutions is crucial for employee care.
Strategies for Employers
- Evaluate health plans for cost efficiencies.
- Consider telehealth services to reduce expenses.
- Engage employees in wellness programs to promote healthier lifestyles.
With health benefit costs on the rise, employers must adapt to ensure sustainable health outcomes.
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