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October 27, 2004

Not So Fast: Aon Forecasts Another Year of Double-Digit Health Care Increases

According to Aon Consulting's Fall 2004 Health Care Trend Survey, employers can expect a sixth year of double digit increases for all types of medical coverage, with plans forecast to increase at 13.5 percent.

In Aon's analysis, the trend is defined as the expected future increase in employer-provided medical plan claims cost, before any plan changes. The trend figure is based on the opinions of health plan actuaries from eighty of the top medical, dental, pharmacy and vision vendors, which represent over 2 million companies and 100 million individuals.

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Posted by Tom Troceen