Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Employee Benefits

PwC forecasts 7% increase in health care costs for 2024

June 30, 2023 Reprints

Health care costs are expected to rise 7% next year as inflation drives providers to seek rate increases from insurers and pharmaceutical costs increase, according to Pricewaterhouse Coopers, reports Healthcare Dive. PwC, which surveyed actuaries at insurers that offer group and individual plans, said the increase outstrips its predictions for 2022 and 2023, which were 5.5% and 6% respectively.

1. Humana to cut Medicare Advantage benefits amid rising costs
2. Walmart to shut down health clinics due to unprofitability
3. UnitedHealth faces scrutiny over size, operations, and cyberattack
4. Cigna writes off $1.8 billion from VillageMD investment amid losses
5. Tennessee, 16 states sue EEOC over pregnancy accommodation rule
6. CVS Health reports disappointing Q1

Help

PwC forecasts 7% increase in health care costs for 2024

Readers Poll

Most Read in Employee Benefits

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources