New Strategies for Employers as Healthcare Costs Set to Surge in …

Nov 4, 2024 · A survey completed by Willis Towers Watson reports that employers are seeking new strategies to manage rising health care costs, which are expected to grow by 7.7% in 2025. Instead of raising employee premiums, many companies are focusing on cost-saving …

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New Strategies For Employers As Healthcare Costs Set To Surge In …

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How Can Employers Manage Rising Healthcare Costs In 2025?

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Jan 7, 2025 · The Business Group on Health, an employer advocacy organization, projects that healthcare costs will rise by 7.8% in 2025, the highest rate of increase in more than a decade. …

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Employers Are Bracing For Costs To Spike In 2025. Here's Why

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Aug 20, 2024 · Most (96%) of employers covered GLP-1s for diabetes in 2024, and 67% covered these drugs to treat obesity. In addition, 34% offered coverage for GLP-1s to treat cardiac …

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Business Group On Health: Healthcare Costs Expected To Surge At …

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Aug 21, 2024 · 1. Pharmacy costs are a major contributor to cost increases. In 2023, the median percentage of healthcare dollars spent on pharmacy was 27%, compared to 24% in 2022 and …

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Managing Health Care Costs In 2025 For Employers & Employees

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Nov 18, 2024 · Healthcare spending in the United States continues to climb year over year, with estimates projecting an increase of 7%-8% in 2025. While these cost surges have been a …

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Aon Predicts 9% Increase In Employer Health Care Costs For 2025 …

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Aug 29, 2024 · Employer-sponsored health care costs are expected to surge 9%, surpassing $16,000 per employee in 2025, according to Aon, a leading global professional services firm. …

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How Do Employers Address Rising Healthcare Costs?

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Oct 23, 2024 · Reports from the Business Group on Health project an unprecedented 8% increase in healthcare costs by 2025, placing employers under pressure as budgets strain to …

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Healthcare Costs Surge: Employers Seek Solutions 2025

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Dec 24, 2024 · Employers are facing unprecedented healthcare cost increases for 2025, with projections showing the largest spike in a decade at 5.8%. This cost pressure is pushing …

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FAQs about New Strategies for Employers as Healthcare Costs Set to Surge in … Coupon?

How much does health care cost per employee?

That’s significantly higher than the 6.4% increase in health care budgets that employers experienced from 2023 to 2024, with an average cost of $14,823 per employee after cost-saving strategies. ...

Will employer-sponsored health care costs rise 9% in 2025?

Employer-sponsored health care costs are expected to surge 9%, surpassing $16,000 per employee in 2025, according to Aon, a leading global professional services firm. This is a greater increase than the 6.5% rise from 2023 to 2024. ...

Why are employer health care costs rising?

One of the major drivers behind this spike in employer health care costs is the increasing costs of prescription drugs. Prescription drug costs are rising due to increased utilization of specialty drugs and GLP-1 medications for diabetes and obesity. ...

How will inflation affect employer health care costs in 2025?

Inflation, GLP-1 drugs, and catastrophic medical claims will push employer health care costs significantly higher next year, according to new projections. Two new reports found that employers’ health care costs will rise between 8% and 9% in 2025 if organizations don’t find ways to reduce spending. ...

Are health care costs getting more scary for employers?

Health care costs aren’t getting any less scary for employers. In fact, new projections find that inflation, GLP-1 drugs, and catastrophic medical claims will push employer health care costs significantly higher next year. ...

How are employers balancing healthcare costs?

As healthcare costs continue to rise, employers are trying to balance the need to take care of their workers with the need to keep costs under control. Aon’s 2025 U.S. Health Survey provides insights into the choices employers are making, and their potential effects on costs. ...