HRfocus

Health Benefit Rates Trend: Cost Increases Continue to Slow

Although health-benefit cost increases continue to climb, the latest data on trends in this area indicate that the amount of the increases is continuing to slow. Trend is the forecasted change in health plans’ per-capital claims cost.

Aon Consulting’s 12-month forecast places medical-cost increases for the 12 months ending in February 2008 at roughly 10.5%. The data show a steady decline in projected medical cost increases. And although…