1 2017 MEDICAL
The projected percentage increase in medical costs for 2017 is 6.0%. After accounting for plan changes, it is expected to increase by 4.8%.
2 HIGH DEDUCTIBLE HEALTHPLANS
72% of employers offer HDHP and 32% indicate that the HDHP is their highest enrolled plan.
Self-insurance continue to increase in popularity with 70% of employers implementing a self-insured medical plan. 58% do not have an aggregate stop-loss coverage.
4 WELLNESS PROGRAMS
76% of employers offer wellness programs to their employees. Majority of employers believe that their wellness programs are effective in mitigating healthcare costs.
5 PLANS FOR 2017
47% of employers plan on increasing employee contributions and 42% plan on changing their medical benefit design to reduce premium costs for 2017.