Employers' healthcare costs rise 6.1% in 2005

Share this article:

Healthcare costs for U.S. employers increased by 6.1% this year. That compares to a rise of 15% at the beginning of the decade, according to a new survey.

The lower costs are due, in part, to companies' shifting costs to workers via higher deductibles and other strategies -- and changing vendors, according to the National Survey of Employer-Sponsored Health Plans 2005.

Businesses spent an average of $7,089 per worker to provide health coverage in 2005, according to a survey by Mercer Health & Benefits LLC. Costs could increase 6.7% in 2006, Mercer said.

The report can be ordered for $500 at http://www.mercerhr.com/ushealthplansurvey. It will become available in March 2006.

Share this article:

More in News

Nursing home antipsychotic use has dipped nearly 19% under national effort, latest figures show

Nursing home antipsychotic use has dipped nearly 19% ...

The percent of long-stay nursing home residents receiving antipsychotic medication has decreased 18.8% under a nationwide initiative that started in 2012.

Jimmo succeeds in getting Medicare coverage, two years after landmark case ended

Glenda Jimmo has reached a settlement with the federal government and will finally receive Medicare coverage for claims that were denied in 2007, which led her to file a class-action lawsuit over the so-called "improvement standard."

Breier named new CEO at Kindred

Breier named new CEO at Kindred

Kindred Healthcare announced Thursday that it has chosen a new top executive to lead its push toward creating a mammoth national brand. Benjamin A. Breier, the company's current president and ...