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Workers Pay More of Rising Health Costs

Friday, November 3, 2017/Categories: SHRM

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By Stephen Miller, CEBS  |  SHRM

November 3, 2017—At the end of the year, health plan data-crunchers forecast health premium increases for the coming year and look back to verify how much premiums actually rose in the year that's coming to a close.

Premium renewal rates for employer-sponsored health plans rose an average of 6.6 percent this year—a significant increase from the five-year average increase of 5.6 percent—findings from the 2017 United Benefit Advisors (UBA) Health Plan Survey showed.

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