Health benefit cost growth accelerated to 6.9% in 2010, following almost 10 years of stable or slowing increases, reports Mercer Inc.
Last year, health benefit costs rose just 5.5%, according to a new study by Mercer, part of Mercer Marsh & McLennan Companies Inc., New York (NYSE:MMC).
Health benefit costs in 2010 averaged $9,562 per employee
Health care reform requirements could add 1% to 2% to health care costs next year, Mercer notes. Employers it surveyed said health care benefit costs could increase 10% next year, but on average they hoped to hold increases to 6.4%.