TITLE

Employers, Employees Fret Over Healthcare

AUTHOR(S)
Marshall, Jeffrey; Heffes, Ellen M.
PUB. DATE
January 2004
SOURCE
Financial Executive;Jan/Feb2004, Vol. 20 Issue 1, p11
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article presents a forecast on employee health care coverage in 2004. According to the 2004 Segal Health Plan Cost Trend Survey, it is projected to slow in 2004 for all coverage types except preferred provider organizations. The author notes that increasing prescription drug costs are one issue that is causing the slowdown. Segal also reported that the difference in trend rates between all managed and non-managed medical plan types continues to decrease. The long term consequences of higher health care cost are already being felt as employees make difficult benefits trade-offs: 37 percent of those surveyed said they plan to lower the amount allocated toward savings and investing overall.
ACCESSION #
11853363

 

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