image credit: Unsplash

In 2020, Employer Health Costs To Double Inflation Yet Again

September 12, 2019

Via: Forbes

Employer healthcare costs in the U.S. are rising 6.5% in 2020 or nearly double the rate of general inflation for yet another year amid the rising costs of specialty pharmaceuticals and ongoing chronic conditions, according to Aon, a global professional services firm and risk manager.

The rise in employer medical plan costs will outpace general inflation rising 2.4% this year and projected at 2.7% in 2020, according to Aon’s “Global Medical Trend Rates” report, which looks at the U.S. as well as medical costs globally. U.S. employer medical costs rose 6.5% this year as well, Aon said.

Read More on Forbes