According to report by Mercer, this will be the third consecutive year of health benefit cost increases above 5%.
Mercer, a business of Marsh McLennan (NYSE: MMC) released preliminary results from its 2024 National Survey of Employer-Sponsored Health Plans.
According to an analysis of responses from over 1,800 US employers, total health benefit cost per employee is expected to rise 5.8% on average in 2025, even after accounting for planned cost-reduction measures. Employers estimated that their cost would rise by about 7%, on average, if they took no action to lower cost. Smaller employers (those with 50-499 employees), which typically
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