The presidential hopefuls aren’t the only ones eyeing health care issues for 2020. Large employers are putting together benefit plans for next year, and they are expecting the rise in employee health costs to hit a four-year high, in part, due to rising drug prices.
Private employer medical costs are projected to increase by an average of 6% next year, after averaging about 5.5% annually over the last three years, according to PwC Health Research Institute’s annual Medical Cost Trend survey of more than 500 of the nation’s largest employers.
