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U.S. Healthcare cost per employee to increase

Posted On Tue, October 4, 2011

A recent study from Aon Hewitt found that the average cost for health insurance per employee will rise past $10,000 next year, despite costs increasing at a lower rate than the current 7.5 percent in 2011.

The healthcare premium rate is projected to rise 7.0 percent, but the premium cost for companies per employee is projected to be more than $10,400, which is considerably higher than last year's figure, which was under $9,800. Employees will be expected to give approximately 22 percent, or slightly more than $2,300. This is slightly more than 2011's figure of $2,084, which was 21.3 percent.

"In what continues to be an uncertain economic environment, organizations cannot afford health care costs growing at 7 percent each year," said John Zern, executive vice president and the Americas practice director for Health & Benefits with Aon Hewitt. "While health care reform continues to represent potential systemic change in a few years, employers will continue to shift cost to employees in order to keep company costs to a manageable level."

Consumers who feel this may be too expensive may have better luck if they search for health insurance on their own. Capturing better health insurance rates can be easy if a person looks at the multiple options that are available to them.

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