How is well being care shaping up for employees and companies this Labor Day? First, well being care spending is on the rise, with prices rising sooner than inflation. Fox Enterprise studies on a brand new Aon research that claims:

…employer spending on well being care is predicted to extend 9% in 2025 to greater than $16,000 per worker, considerably greater than the 6.5% improve firms noticed of their well being care budgets from 2023 to 2024.

A technique to save cash is for employers to contract straight with well being care suppliers. BenefitsPro studies that:

…about 75% of employers have already thought-about or used direct contracting, and one other 41% stated they’re possible to take action by 2025.

Well being care prices range between particular person and household protection. KFF studies:

The common annual premium for employer-sponsored medical health insurance in 2023 will likely be $8,435 for particular person protection and $23,968 for household protection.

With each particular person and household plans, workers pay a major contribution to medical health insurance.

On common, insured employees contribute 17% of the premium for particular person protection and 29% of the premium for household protection, just like the odds contributed in 2022. Insured employees at small companies contribute a better share of the premium for household protection than these at massive companies (38% versus 25%). Because of this, the typical contribution quantity for insured employees at small companies ($8,334) is considerably greater than the typical contribution quantity for insured employees at massive companies ($5,889).

For extra data on the standard and price of worker well being care, comply with this yr's Healthcare Economist weblog.