What to Expect for 2018 Premium Increases

What to Expect for 2018 Premium Increases

UBS released its 2018 Large Employer Health Benefits Survey and the results are encouraging. Premium equivalents for this largely self-insured study group are expected to rise 6.1% on average from 2017. Interestingly, the shift to high-deductible plans and the increase in non-premium cost-sharing are expected to stabilize. Makes sense – the economy is improving and employees are… [Read More]

Healthcare Spending Growth Rate at Historic Low…At Least for Now

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In an article published yesterday by CMS in the journal Health Affairs, it was reported that U.S. health spending—which is now at $2.9 trillion, or 17.4% of the economy—increased by 3.6% in 2013. That’s the lowest rate since 1960. Commercial health plan enrollment, which had shrunk by 11.2 million Americans due to the economic slowdown,… [Read More]

Healthcare Trends–Leveraging Benefits Down

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Spiraling costs make our healthcare system very fragile. Employers remain committed to providing healthcare benefits, but they are looking for solutions. The New York Times reported this week that almost one third of large employers will be offering high deductible plans as a single plan option in the coming open enrollment. This is up from… [Read More]