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Employers say rising health care costs hurt talent efforts

Posted On: Nov. 7, 2022 9:19 AM CST

The soaring cost of health care is harming the ability of many employers to recruit and retain workers, according to a survey by the National Alliance of Healthcare Purchaser Coalitions, reports BenefitsPro. In the coalition’s latest survey of more than 150 employers, 80% say health care costs affect their ability to remain competitive, while nearly three-fourths say these expenses crowd out wage increases.