Tuesday, November 17, 2015

Health Care Rate Increased 3.2% in 2015


Aon recently conducted an analysis on health insurance pricing trends. Here are some key findings from the report:

·         The average health care rate increase for mid-size and large companies was 3.2% in 2015.

·         Employees contributed $2,490 toward the premium and another $2,208 in out-of-pocket costs in 2015.

·         Average premium increases are projected to jump to 4.1% in 2016.

·         In 2005, the amount of employees' premium and out-of-pocket costs combined was $2,001.

·         38% of employers increased participants' deductibles and/or copays this year 46% may do so in the future.

·         The percent of total health care costs covered by employers has decreased about 1% per year since 2012.

Source: Aon, November 12, 2015

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