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The study analyzed insurance claims data for 144 small, medium-sized, and large companies that provided health benefits to 9.5 million individuals from 2007-2009. Data for the study was derived from the Thomson Reuters MarketScan® Commercial Claims and Expenditures Database.
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Key findings:
"In a year when inflation was non-existent, employer healthcare costs continued to surge," said Chris Justice, author of the report and director of practice leadership for the Healthcare & Science business of Thomson Reuters. "This analysis puts the real-world healthcare challenges facing employers into perspective. These cost increases have come at a particularly difficult time for U.S. companies."
A copy of the study is available here: http://factsforhealthcare.com/management/Assets/EmployerNormsBook0210_2.pdf
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-- Employer Costs Outpace Overall Healthcare Spending: Average healthcare costs for employers in the study rose 7.3 percent in 2009 while overall U.S. healthcare spending (which includes Medicare, Medicaid, and other payers) grew at a more modest 4.8 percent, according to National Health Expenditures data from the Center for Medicare and Medicaid Services Office of the Actuary.
SOURCE Thomson Reuters
