U.S. Workers Face Higher Health Care Costs | 2008.09.08 |
About 59 percent of U.S. companies plan to control rising health costs in 2009 by increasing employees' deductibles, co-pays or out-of-pocket spending limits, according to a survey released Thursday by the Mercer consulting firm. Mercer said health care costs for both employers and workers will increase an average of 5.7 percent next year, the same as this year's increase, the Associated Press reported. There was a 6.1 percent increase in 2007. Since 2005, annual increases in health care costs have been around 6 percent, compared to double-digit increases in previous years, Mercer said. Even with single-digit increases, health care costs are outpacing inflation and workers' wages. Mercer said that between 2003 and 2007, the average deductible increased from $250 to $400 for a single person and from $1,000 to $1,500 for a family, the Associated Press reported. |