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Article: Hewitt Associates: Health Care Cost Increases to Remain Stable for 3rd Consecutive Year.
- Article from:
- Health & Beauty Close-Up
- Article date:
- October 3, 2009
CopyrightCOPYRIGHT 2009 Close-Up Media, 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)
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Despite economic instability and increased employer pressure to cut costs, health care rate increases are projected to remain stable for the third consecutive year, according to an analysis by Hewitt Associates, a global human resources consulting and outsourcing company.
Hewitt said that in 2009, average health care premiums increased 6.0 percent, consistent with 2008. Hewitt also projects a 6.0 percent average premium increase for employers in 2010.
According to Hewitt, the average total health care premium per employee for large companies will increase from $8,607 in 2009 to $9,120 in 2010. The amount employees will be asked to contribute toward this ...