Rising costs related to health care are a significant concern for all employers in the United States. Indeed, Ginsburg contends there is a consensus among health care leaders that health care expenditures are r
The problem of rising health care costs is nothing new. Just as a loaf of bread costs more now than in the ’90s, prices for many goods and services have increased. But the rise in health care costs is particularly extreme and a burden to employers and employees alike. From 2009 to 201...
It's a fact of life. As time goes on, everything gets more expensive – and health care is no exception. The good news is, there are ways employers can take control of costs and keep them in check. Health care is complex and has lots of moving parts. Those parts act to drive ...
"Health care is creating a 'retirement cost gap' for many pre-retirees," says Steve Feinschreiber, senior vice president of the Financial Solutions Group at Fidelity. "Many people assume Medicare will cover all your health care costs in retirement, but it doesn't. So you should carefully wei...
The concept of health insurance for Americans was formulated over a century ago. Most Americans obtain health insurance from 1024 Words 5 Pages Decent Essays Read More Essay on Rising Health Care Costs One of the biggest problems small employers face today is the steadily rising costs of health ...
THE NEXT STEP IN HEALTH CARE WITH THE POOR STATE OF THE ECONOMY AND INCREASED HEALTH CARE COSTS RISING, EMPLOYERS ARE LOOKING TO CUT COSTS ANY WAY THEY CAN. A NEW TREND CALLED CONSUMER-DIRECTED HEALTH PLANS AIMS TO SHIFT BOTH FINANCIAL RESPONSIBILITY AND DECISION-MAKING AUTHORITY TO THE ...
Rising drug prices are hammering patients, employers, and insurers. Is there any end in sight? Carolyn McGrath, a Quinsigamond Community College professor with Type 1 diabetes, administered her insulin at home in Westborough. Surging drug prices are driving up health costs, making it harder for ...
And a big part of this cost shifting is really going to consumers, going to patients. We have some data for this year that in 2025 the healthcare costs are supposed to rise by another 8%, which for the average consumer already kind of getting battered with healthcare costs and then some...
This increasing financial burden is not only affecting employers.28% of employeespursuing fertility treatment incurred debt to cover healthcare costs. Employers have a unique opportunity to provide meaningful support to their employees, enhancing employee well-being and improving retention. Fortunately, unm...
EMPLOYERS RISING INSURANCE PREMIUMS HAVE BEEN PASSED ON TO WORKERS AS HEALTH CARE COSTS KEEP GOING UP. CAN THIS TREND BE REVERSED?Liz Kowalczyk, Globe Staff