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In its annual report on how much it cost to raise a child from birth to age 17, the USDA calculates the grand total for kids born in 2011 is $234,900 (nearly $296,000 when accounting for inflation).
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Employers face another steep rise in healthcare expenses in 2027, prompting a closer look at GLP-1 coverage, pharmacy spending and high-cost conditions.
As costs to treat serious conditions surge, employers must plan how to absorb budget-altering expenses ahead of time.
Rising use of the weight-loss drug is fueling the fastest health plan cost growth in a decade and a half, forcing employers to rethink coverage strategies and cost management.
As benefit decisions get finalized, childcare offerings may be more within reach than companies think.
Providing better access to primary care providers is key to cutting down on workers' serious medical conditions and encouraging a better quality of life.
