While this likely won’t come as a shock to many reading this post, it appears
that medical care costs will once again rise at near double-digit rates in 2011. According to PriceWaterhouseCoopers’ Health Research Institute, medical care costs are expected to increase by 9% in 2011, a slight deceleration from the 9.5% rise posted in 2010.
Cost sharing has become a critical tool to help keep medical care costs affordable for both employer and employee. 2011 will be no different. Here are the key findings of the PwC report:
- 42% of employers intend to increase employee contributions for health insurance coverage