TITLE

News on Costs: Not so Bad

AUTHOR(S)
Marshall, Jeffrey
PUB. DATE
November 2000
SOURCE
Financial Executive;Nov/Dec2000, Vol. 16 Issue 6, p10
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article reports on projections for business costs in 2001. Routine expenses such as energy costs will be lower, health care costs will increase significantly in the United States, and inflation will be at 2.8 percent, according to predictions made from data in "The Kiplinger Letter." Watson Wyatt Worldwide consulting firm, which conducted a survey of 61 companies with the Washington Business Group on Health, forecasts a 12.2 percent increase in medical costs for active employees and a 22.5 percent increase in prescription drug benefit costs for active employees. Medicare costs and Runzheimer International's Domestic Travel Price Index are mentioned. INSET: COST OUTLOOK.
ACCESSION #
11899295

 

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