NU Online News Service, March 6, 2003, 1:24 p.m. EST – Eighteen percent of large U.S. employers express strong confidence about their ability to control major medical costs, according to results of a survey by Watson Wyatt & Company, Washington, and the Washington Business Group on Health, Washington.
Although most of the 434 employers participating in the survey complained about problems with health benefits budgeting, 21% said they either met their health care budget goals in 2002 or ended up with costs below expectations.
The employers getting the worst results focused on increasing workers’ share of the overall premium costs.