Employers have experienced sharp increases in their health benefit costs in recent years, and forecasts suggest that 2026 could be even worse. Health plan costs are expected to climb as much as 9% this year, placing immense financial pressure on employers.
The main driver of this increase is prescription drugs, which, according to a survey by Mercer, are the fastest-growing component of health benefit costs. In the face of rising expenses, forward-thinking companies are exploring innovative strategies to maintain both fiscal and employee health.
