Wednesday, August 8, 2012

Businesses predict 7 percent jump in healthcare costs

The Hill ^ | 8/6/2012 | By Sam Baker

Businesses expect their healthcare costs to grow by about 7 percent next year — a bigger jump than they've seen in the past three years — according to a new survey.

The National Business Group on Health, which conducted the survey, did not directly attribute the expected jump to President Obama's healthcare law, though it noted that employers are changing their health plans to comply with the new law.

Sixty percent of employers surveyed said they plan to shift more healthcare costs to employees, but most said their workers' costs would rise by less than 5 percent next year. Companies are also trying to cut costs by beefing up programs that reward workers for healthy behavior.

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

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