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U.S. Employers Expect Health Care Costs to Increase
According to the recent Towers Watson Health Care Changes Ahead Survey:
• A 4% increase in 2015 health care costs is projected.
• A 5.2% growth rate is projected, assuming no adjustments are made.
• 83% of employers consider health benefits as an important element.
• 73% of employers are somewhat or very concerned they will trigger the ACA’s excise tax.
• 43% want to avoid the ACA excise tax in regards to their health care strategies for 2015.
Note: The survey was completed during July 2014 by 379 employee benefit professionals from midsize to large companies across a variety of industries.
Source: Towers Watson
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