Employer Healthcare Costs Set to Increase by 9%, Driving Higher Employee Deductions
By
manveerc
Slow-proofed and worth the wait. Worth its weight in flour.
Summary
The article discusses the rising healthcare costs in the United States, particularly for the 154 million Americans who receive health insurance through their employers. Employers are expected to pay nearly 9% more per employee for the same level of coverage, which will result in employees facing 6-7% higher paycheck deductions and increased out-of-pocket costs as employers pass along these spiking healthcare expenses.
Key quotes
· 3 pulledSome 154 million people get health insurance through their employer — and many could see their paycheck deductions surge next year, by 6% to 7% on average.
Some will likely also see their out-of-pocket costs rise as employers pass along the spiking costs of care.
That's because employers will be paying a lot more — almost 9% more per employee on average, for the same level of coverage — to provide health
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