With an expected 5.5% rise in health care costs in 2015 the same year the Affordable Care Acts employer mandate takes effect employers have high hopes that spending can be reined through increased employee consumerism.
Health care costs for mid-sized and large companies have continued their trend upward, reaching 4.4% after plan design changes were realized, finds Aon Hewitts latest survey. And next year, when companies with 50 or more employees are required to provide health care coverage for those who work at least 30 hours per week, average health care costs per employee will reach $11,304 and out-of-pocket costs will jump to $2,487 up 5.5% from 2014, according to data from Aon plcs talent, retirement and health solutions subsidiary.
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