According to the survey, more than half (51%) of U.S. employers expect to redesign health care plans to lower costs. They will likely focus on adopting new plan designs and implementing network strategies that direct employees toward more affordable, high-quality providers and care facilities.
The report said U.S. health care costs have reached record highs since the COVID-19 pandemic, with nearly half of employers expecting costs to exceed budget projections this year.
Employers predict health care costs to rise by 7.7% in 2025, upfrom 6.9% in 2024 and 6.5% in 2023.
– WTW’s 2024 Best Practices in Healthcare Survey
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