Large Employers Expect Health Benefit Costs to Increase 7% in 2014, Survey Says

Large employers expect their employee healthcare benefit costs to increase by 7 percent on average in 2014, according to a survey by the National Business Group on Health, a nonprofit employer association.

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The survey was conducted in June, prior to the Obama administration’s announcement that the Patient Protection and Affordable Care Act’s employer mandate will be delayed by one year to 2015. Under the employer mandate, businesses and companies with 50 or more employees are mandated to offer health insurance to those employees or pay a penalty. The rule was originally slated to begin January 2014.

To view the rest of this article, visit Becker’s Hospital Review.

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