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U.S. employers brace for steepest health insurance cost hike in a decade


U.S. employers are predicted to experience the steepest rise in health insurance costs in 10 years, with estimates between 5.4% to 8.5% for 2024, according to benefit consultants, Reuters reports. This surge is attributed to medical inflation, increased demand for expensive weight-loss drugs, and the broader availability of high-cost gene therapies.

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