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WTW: Cost of US healthcare benefits expected to rise 8.9% in 2024

The cost of medical care benefits in the U.S. is projected to increase about 8.9% in 2024, compared to 8.2% in 2023, according to WTW’s Global Medical Trends Survey. Globally, by contrast, the

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URL: https://www.hrdive.com/news/wtw-cost-healthcare-benefits-expected-to-rise/701379/

Healthcare financial strain is ‘widespread’ in US, study finds

WEBFinancial strain surrounding healthcare is “widespread” in the U.S., especially for disadvantaged groups like those living in poverty or managing limiting medical …

Category: Medical Go Health

Mercer: Employers expect increased healthcare costs in 2023

WEBThe average health benefit cost per U.S. employee is expected to increase by 5.6% next year, according to preliminary results from a Mercer survey of 864 …

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Point solutions are playing a lead role in healthcare benefits cost

WEBTechnology is helping employers save money on healthcare so that not all costs shift to workers, according to early results of a Mercer survey revealed at the 2018 …

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Mercer: Workers will continue to inform benefit offerings into 2023

WEBCOVID-19 and reproductive health access were topics pervasive on social media, in Slack channels and in the boardroom during the past year. These health hot …

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Health benefit costs to skyrocket in 2023, but US will lag

WEBCost increases are projected to be up year over year on every continent, skyrocketing as much as 18.9% in Latin America, but less so in North America where …

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Why employee benefits packages are likely to survive 2023’s …

WEBEmployers are likely already accustomed to annual healthcare cost increases, and 2023 seems poised to deliver on the front. In December, Mercer …

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What is the ‘magic trifecta’ of employee benefits

WEBWhen it comes to benefits equity, the survey found that medical, maternity and mental health are the “magic trifecta,” Emily Killham, senior director of people …

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More than 75% of employers offer wellness programs to improve …

WEBDive Insight: Almost half of the nation's employers offer workplace health or wellness programs, according to researchers at the University of North Carolina at …

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One-third of employees don't understand their health benefits

WEBDive Insight: Much of the prior research on healthcare benefits literacy seems to support Maestro Health's findings. Employees spend 30 minutes or less reviewing …

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A quarter of employers don't offer healthcare benefits HR Dive

WEBThe survey also found that 25% of the respondents lack health coverage. At least a third (32%) of respondents are dissatisfied with their benefits, survey results …

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Apple's onsite health and wellness services put patient experience

WEBDive Brief: AC Wellness, A pple’s wellness clinic, has hired more than 40 people to provide on-site medical care to employees at its Bay Area headquarters, …

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Microsoft's new health plan is focused on a better patient experience

WEBMicrosoft is offering its Seattle-area employees a new health plan aimed at improving customer experience, according to a press release. The tech giant is …

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US Surgeon General develops 5-point strategy for mental health …

WEBEmployers can adopt a five-point framework in order to help workers recover their mental health and well-being, according to a document published Thursday by …

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Why employers should reconsider the center of excellence

WEBIt is an intuitively attractive approach that should yield better outcomes. In fact, a recent survey of U.S. employers conducted by Willis Towers Watson (WTW) …

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Calling healthcare burnout a crisis is an ‘understatement,’ CDC …

WEBHealthcare workers faced an escalating mental health crisis between 2018 and 2022 driven by increased burnout, harassment and a lack of support from …

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Nursing care chain settles alleged break time, bonus pay violations …

WEBPetersen Health Care, Inc. of Peoria agreed to pay $2,939,576 in back pay to 3,024 caregivers at 84 facilities for allegedly violating the Fair Labor Standards Act, the …

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The data on climate change’s link to employee deaths, injuries

WEBThe report found that nearly 23 million occupational injuries and nearly 19,000 work-related deaths are attributable to extreme heat. In the U.S., instances of record …

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HR must ‘start the conversation’ to prevent employee suicide, …

WEBStatistics from the Centers for Disease Control and Prevention showed that the U.S. experienced one death by suicide every 11 minutes in 2021, which added up to …

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Workers skipped preventative healthcare in 2020. How should

WEBAs the medical director for the Northeast Business Group on Health, a regional coalition of employers and healthcare stakeholders, Cunningham-Hill observed …

Category: Medical Go Health

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