Health Insurance Daily

Employers Seek Cuts To Offset Rise In Health Premiums

According to the Business Journal, health care cost increases are likely to average in the high single-figure or low-double digit percentages, lower than in previous years, but still steep compared with most other services businesses buy.

In response to the continued increase in health care costs, employers have turned to a variety of tactics, from changing plan designs to cutting benefits to simply shopping around for a better deal.

They're also trying to find ways to limit workers' health spending, in some cases even conducting audits to make sure, for example, that dependents employees claim really are dependents.

Frequently, employers will use multiple strategies in an effort to trim employee health expenses. For more information on what employers are doing to cut cost, click on Health Insurance.

posted by Mike @ 9:20 AM