Health-Care Costs Soar for Workers, Companies
Two ways to plug into the NAM More ways to strengthen the industry and your voice in it. Make the most of the membership your company already has. The average cost of a family health-care plan is now more than $28,000 annually, rising 5% over the past year, according to the latest annual benchmark health benefits survey from the nonprofit Kaiser Family Foundation (Axios and The Wall Street Journal, subscription). What’s going on: “Corporations and workers are sharing the pain as health cost increases are projected to hit their highest levels in decades,” Axios reports, adding that “workplace insurance remains a linchpin of the health system, covering almost 157 million people under age 65.” Employers are adapting to better manage drug benefits: Nearly all (98%) workers receive prescription drug coverage in their employer health plan. Why it’s important: While employer-sponsored health…