Healthcare rates continue to steadily rise [Video]

Dec 11, 2015 | Healthcare Industry News, Hospital Finance Efficiency

In a recent analysis of healthcare cost and benefit data of more than 600 large US employers, Aon Health reported that the average healthcare rate has increased by 3.2 percent in 2015. This is the lowest rate increase since Aon began collecting this data in 1996.

Despite this being the lowest increase, it still represents steadily rising healthcare costs for many employees nationwide. Mike Morrow, Aon’s senior vice president, explained that these rates are compounded by growing prescription drug costs and a flourishing economy.

The average amount that employees contribute to supplement their healthcare coverage has increased by 104 percent in the last decade, and Aon predicts that rates will increase by 4.1 percent in the next year.

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