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 […]
U.S. Employer Health Care Costs Projected To Increase 9 Percent Next Year
Projected increase is above the 6.4% increase reported this year. The average cost of employer-sponsored health care coverage in the U.S. is expected to increase 9.0%, surpassing $16,000 per employee in 2025, according to Aon (NYSE: AON), the global professional services firm. This projected increase, which assumes employers do not implement employee cost sharing increases […]
Organizations Urge Congress to Keep Employer-Provided Health Care Coverage Tax-Free
This week, Protecting Americans’ Coverage Together (PACT), a coalition of employer voices dedicated to strengthening employer-provided coverage, joined 70 leading organizations in urging Congress to protect the affordability of health care coverage for Americans and reject proposals to tax employer-provided coverage. In a letter to Congressional leaders, PACT and the other organizations, including a diverse […]
U.S. Employer Health Care Costs Projected to Increase 8.5% Next Year
AON projection is nearly double the increase recorded this year. Average costs for U.S. employers that pay for their employees’ health care will increase 8.5% to more than $15,000 per employee in 2024, according to Aon plc (NYSE: AON) the global professional services firm. The projection increase, which assumes employers do not implement employee cost […]
AASP/NJ Says Association’s Healthcare Plan Saving Members Money
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) is pleased to report much success with its health insurance plan offered exclusively to members of the association who are in good standing. The plan is a benefit to AASP/NJ members that the association says is not only providing collision repair shops thousands of dollars […]