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Employer-sponsored health costs rose 3.2% on average in 2022 and are expected to rise 5.4% in 2023, according to Mercer, reports Becker’s Payer Issues. Mercer noted that this year's rate increase is below general inflation, which averaged around 8% this year, and because health benefit costs are usually higher than inflation, Mercer predicts larger inflationary effects in the next few years, the report says.
1. FTC refunds customers for fraudulent health plans sold by Benefytt
2. Health systems consider dropping Medicare Advantage plans due to financial losses
3. UnitedHealth faces rising lawsuits following Change Healthcare cyberattack
4. MedPAC calls for 'major overhaul' of Medicare Advantage policies
5. Medicare to cover Novo Nordisk's weight-loss drug for heart patients