|
|
Article: Managed care makes strides. (stability of health care costs)
- Article from:
- Business Insurance
- Article date:
- January 29, 1996
CopyrightCOPYRIGHT 1996 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The news is getting better for employers.
For a second year in a row, group health care costs have remained essentially flat. As we report on page 1 this week, a new survey by A. Foster Higgins & Co. Inc. shows that group health care costs for active and retired workers rose only 2.1% in 1995 to an average of $3,821 per employee from $3,741 per employee a year earlier.
The survey shows that the 1994 cost results were no fluke: group health care costs actually fell 1.1% that year.
All indications are that the good news will continue this year.
That relative stability - which is in striking contrast to the annual double-digit inflation of only a ...