Topics

Health Insurance
Employees not benefiting from slower growth in healthcare costs
Employees not benefiting from slower growth in healthcare costs

American workers already struggling with stagnant wages are being saddled with higher medical bills even as employers reap the benefits of a sustained slowdown in the growth of healthcare costs, a new report indicates. While employees' insurance premiums and out-of pocket medical expenses shot up 21% from 2007 to 2013 to an average of $3,273 a year, employers' total healthcare costs rose only 14.5%. "Almost everyone in the health system is realizing savings, but employees' costs are rising," noted the new report from the Center for American Progress, a left-leaning Washington think tank. Public opinion surveys regularly show affordability as a top healthcare...

Loading