On October 5, Jim Winkler, Large Market Segment leader in the Health & Benefits Practice of Aon Hewitt, was interviewed on FOX Business Network about the rising cost of health care in the U.S., and what employers can do to stem the tide. Watch this segment by clicking on the link below.
http://video.foxbusiness.com/v/1202365604001/health-care-costs-keep-climbing
According to Aon Hewitt, the 2012 average health care premium rate increase will be 7.0 percent, which is slightly lower than the 7.5 percent mark in 2011, and on par with the 6.9 percent increase in 2010. However, the average total health care premium per employee for large companies is projected to be $10,475 in 2012, up from $9,792 in 2011, and $9,111 in 2010.
The amount employees will be asked to contribute toward this premium cost in 2012 is $2,306 (or 22 percent of the total health care premium), compared to $2,084 in 2011 (or 21.3 percent of the total health care premium), and $1,952 in 2010 (or 21.4 percent of the total health care premium). Meanwhile, average employee out-of-pocket costs, such as copayments, coinsurance and deductibles, are expected to be $2,275 in 2012, compared to $2,007 in 2011, and $1,691 in 2010.
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