Findings from the 2022 Best Practices in Healthcare Survey
2022 expected
2023 projected
7 in 10 employers expect moderate to significant cost increases over the next 3 years
2 out of 3 employers will prioritize controlling healthcare costs over the next 3 years
54% expect costs will be over budget in 2022. Only 15% expect costs to be at budget
To address a higher-cost environment:
52% will implement programs or switch vendors to reduce total costs. Only 1 in 4 will shift costs to employees through higher premium contributions
Employers also focus on:
Structure payroll contributions that reduce costs for targeted groups, such as low-wage employees
Add/Enhance vendor solutions and voluntary benefits in case of a catastrophic event
Add more dollars to healthcare plan without reallocating from other benefits or pay
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Employers move to stem rising healthcare costs and boost affordability | .2 MB |