Thursday, October 31, 2024
NEW YORK, Sept 12 (Reuters) - U.S. employers expect health insurance costs to rise an average 5.8% in 2025, largely due to increased cost of medical services as well as higher use, according to a survey released by consulting firm Mercer on Thursday. The year 2025 is projected to be the third consecutive year in which healthcare costs for employers rise by more than 5%. Costs increased an average 3% during the decade prior, the report said.
In part, the higher cost of each medical service is driven by