Health benefit costs expected to grow 4.4% in 2021 as employers face continued economic uncertainty, Mercer survey finds
Employers expect moderate health benefit cost growth for 2021 of 4.4% on average compared to 2020, according to early results from Mercer’s National Survey of Employer-Sponsored Health Plans 2020. The increase, based on 1,113 employer responses since early July, is largely in line with the average annual cost growth over the past six years. Still, health benefit cost growth is now far outpacing the Consumer Price Index and wage growth, which have fallen to nearly zero
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