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US employers to see biggest healthcare cost jump in a decade in 2024
https://www.reuters.com ^ | September 20, 2023 | By Leroy Leo and Khushi Mandowara

Posted on 09/20/2023 10:56:13 AM PDT by RomanSoldier19

U.S. employers are bracing for the largest increase in health insurance costs in a decade next year, according forecasts from healthcare consultants, but workers may be somewhat spared this time around in a tight labor market.

Benefit consultants from Mercer, Aon (AON.N) and Willis Towers Watson (WTW.O) see employer healthcare costs jumping 5.4% to 8.5% in 2024 due to medical inflation, soaring demand for costly weight-loss drugs and wider availability of high-priced gene therapies.

Advertisement · Scroll to continue A survey conducted by Mercer, a unit of Marsh McLennan (MMC.N), found over two thirds of employers either do not plan to shift any cost increase to their staff or will pass on less than the expected rise in 2024.

"They don't want to add more financial stress on employees who are also coping with inflation, especially in this time where they're really relying on their health benefits as a way to keep employees working for them," said Beth Umland, Mercer's director of health & benefits research.

(Excerpt) Read more at reuters.com ...


TOPICS: News/Current Events
KEYWORDS: chat; healthcare; money; obamacare; zerocare

1 posted on 09/20/2023 10:56:13 AM PDT by RomanSoldier19
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To: RomanSoldier19; fatima; Fresh Wind; st.eqed; xsmommy; House Atreides; Nowhere Man; PaulZe; ...
Pennsylvania's Øbamacare Exchange/Marketplace announced that Highmark BC/BS will be increasing by 13.2%
2 posted on 09/20/2023 10:58:00 AM PDT by lightman (I am a binary Trinitarian. Deal with it!)
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To: lightman

I thought obama and the colluding media said obamacare would make healthcare affordable?


3 posted on 09/20/2023 11:04:54 AM PDT by imabadboy99
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To: RomanSoldier19
Transition surgery isn't cheap


4 posted on 09/20/2023 11:06:00 AM PDT by Magnum44 (...against all enemies, foreign and domestic... )
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To: RomanSoldier19

President Trump can SAVE Obamacare and Americans Health Insurance by Signing an Executive Order Mandating ALL Non Military Federal Employee’s enroll in The Affordable Care Act, I would also Halt ALL Government Funds to any State that doesn’t have 100% of their public employee’s on Obamacare.

The Money the taxpayers save on these bloated high priced inadequate health plans for federal employee’s can be used to Finish The Wall.


5 posted on 09/20/2023 11:06:44 AM PDT by eyeamok
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To: RomanSoldier19
.. but workers may be somewhat spared this time around in a tight labor market.

And do those Rooters idiots not understand that the cost of EVERYTHING those 'workers' buy will rise to absorb the additional cost of doing business ?

Actually, some of them likely do understand but publish drek like this assuming most of the moronic population doesn't.

6 posted on 09/20/2023 11:11:34 AM PDT by tomkat
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To: imabadboy99

Obamacare is very affordable, if you are healthy and do not need it.


7 posted on 09/20/2023 11:11:54 AM PDT by entropy12 (Career politicians like Desantis build wealth. Trumpcrificed his wealth to serve people. GO TRUMP)
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To: entropy12

So you are paying for something you’ll never use? LOL!


8 posted on 09/20/2023 11:13:23 AM PDT by Harpotoo (Being a socialist is a lot easier than having to WORK like the rest of US:-))
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To: RomanSoldier19

“soaring demand for costly weight-loss drugs”

I thought insurance doesn’t pay for Ozempic and other diabetes drugs when used for weight loss. Major off label. I stand to be corrected....


9 posted on 09/20/2023 11:16:37 AM PDT by steve86 (Numquam accusatus, numquam ad curiam ibit, numquam ad carcerem™)
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To: RomanSoldier19
It makes more sense for employers to sign over to Obamacare, and cover the deductibles to a reasonable level. Just call it something else, like "Ambetter" insurance.

Feel the pulse of the situation.

10 posted on 09/20/2023 11:18:14 AM PDT by blackdog ((Z28.310) My dog Sam eats purple flowers.)
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To: entropy12

Post #10. Yep.


11 posted on 09/20/2023 11:19:07 AM PDT by blackdog ((Z28.310) My dog Sam eats purple flowers.)
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To: Harpotoo

I hope you caught my being facetious.


12 posted on 09/20/2023 11:24:39 AM PDT by entropy12 (Career politicians like Desantis build wealth. Trumpcrificed his wealth to serve people. GO TRUMP)
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To: RomanSoldier19

Building back better

Joe Biden


13 posted on 09/20/2023 1:36:37 PM PDT by Vaduz (....)
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To: Harpotoo

Same as you with your wife hahaha


14 posted on 09/20/2023 2:39:01 PM PDT by entropy12 (Career politicians like Desantis build wealth. Trumpcrificed his wealth to serve people. GO TRUMP)
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To: steve86

Wegovy is the weight loss version of semaglutide, Ozempic is the diabetes version. Weight loss is the certified use for Wegovy and some insurances cover it.


15 posted on 09/20/2023 11:35:49 PM PDT by GaryCrow
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