Health Insurance

Employee Health Care Expenses Are Climbing - Here’s What Business Leaders are Doing About It

UPDATED ON
April 27, 2023
Mployer Advisor
Mployer Advisor
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Given that healthcare expenses are forecast to go up by about 6.5% to reach about $13,800 per employee through 2023, employers are understandably looking for ways to counterbalance that rate increase, which amounts to more than twice the rate increase seen over the prior couple years.

To those ends, the authors of AON's 2022 Health Survey present 5 key areas that are helping companies address these price spikes as the medical cost lag catches up to inflation - steering employees toward value-based care, ramping up efforts on the equitability and inclusivity fronts, promoting the use of telemedicine and other remote care when appropriate, increase employee input and loosen rigidity, and make interactions and communications more personalized. 

You can read more about that report and analysis here.

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