Survey: Employer Health Costs To Rise Nearly 9% This Year

05.15.2014 | News | Jerome Hudson |

A new survey conducted by Buck Consultants says employer healthcare costs are expected to rise nearly 9% in 2014.

“Even though the decline is good news, most health plan sponsors still find 8% to 9% cost increases unsustainable,” said Harvey Sobel, a principal at Buck Consultants, a benefits consulting firm that surveyed 126 insurers and health plan administrators nationwide.

The report also found that costs for preferred-provider organization, or PPO, plans are expected to rise 8.7% this year, down from 9% last year.

HMO plans are expected to increase 8.6%, down just slightly from the previous year, according to Buck Consultants.

Jerome Hudson

Managing Editor

Jerome Hudson has written for numerous national outlets, including The Hill, National Review, and The Atlanta Journal-Constitution and was recognized as one of Florida’s emerging stars, having been included in the list “25 Under 30: Florida’s Rising Young Political Class.” Hudson is a Savannah, Ga. native who currently resides in Florida.

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