Employers in Southeast Michigan have projected an increase in health care costs this year a 7% spike, up from 4% last year as taxes and fees from the ACA add to typical annual inflationary increases in health costs.
The increase may vary by region and the Michigan increase is slightly higher than the national average, Rebecca McLaughlan, managing director at McGraw Wentworth, tells EBN. She points to Mercers 2013 survey which projected employer health care costs to increase by 5.2% nationally in 2014.