Extensive research involving group health premium renewals suggests that as employers run out of cost-shifting strategies they are expanding prescription drug tiers to better manage pharmacy benefits.
Two more reports confirm employers’ health costs were relatively stable this year.
Two states saw record premium increases. Employers are reacting by shifting more expenses to employers.
Employers’ contributions to plan premiums nearly the same year to year
According to United Benefit Advisors, an employee benefit consulting company that tracks more than 20,000 employer health plans, Connecticut had the highest employer plan premium increase of any state last year.