Welcome
Health Law & Business News

Worker Health Costs Begin to Level Off in Tight Job Market

Aug. 6, 2019, 9:46 AM

After years of shifting more health-care expenses to workers to keep their own costs in line, companies are beginning to pull back on raising employee premiums and out-of-pocket charges.

Confronted by a tight jobs market, companies are reconsidering their reliance on high-deductible plans that force employees to pay large up-front costs before services are covered. They’re also becoming more active in seeking out ways to reduce costs for themselves and their employees.

Controlling health-care costs is a vital but illusive issue for companies, who provide coverage for about 153 million people. Medical costs continue to outpace inflation, putting stress...

To read the full article log in. To learn more about a subscription click here.