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Article: Double-Digit Health Care Cost Increases Expected to Continue in 2002; According to Hewitt Associates, U.S. Companies and Consumers to Pay More for Health Care.
- Article from:
- Business Wire
- Article date:
- October 29, 2001
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LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Oct. 29, 2001
U.S. employers are expected to be hit again with double-digit health care cost increases in 2002, marking the fourth year in a row of major health care hikes and the highest increase since the early 1990s, according to global management consulting and outsourcing firm Hewitt Associates.
Hewitt is projecting average increases of 13 to 16 percent for 2002, depending on the type of health plan, and this comes after ...