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Employee Benefits

Employers may bear the brunt of rising health care costs amid war for talent

November 22, 2022 Reprints

A convergence of factors driving up health costs is threatening to make next year a very pricey one for big employers, forcing some to make difficult tradeoffs and eat some of the added expense, Axios reports. Rising medical costs combined with the anticipated end of COVID-19 government flexibilities and delayed care for non-COVID patients are creating a triple whammy for employers.

1. Ford sues BCBS Association alleging price fixing that drove up costs
2. Benefytt Technologies files for bankruptcy after paying fraud settlements
3. Coalition opposed to UnitedHealthcare prior authorization grows
4. More than 60% of retirees would like a do-over on retirement planning: Survey
5. UnitedHealth revises controversial prior authorization plan for colonoscopies
6. Nearly 300 drugs in shortage amid supply chain woes

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Employers may bear the brunt of rising health care costs amid war for talent

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