News on Costs: Not so Bad

Marshall, Jeffrey
November 2000
Financial Executive;Nov/Dec2000, Vol. 16 Issue 6, p10
Academic Journal
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.


Related Articles

  • Survey Predicts Double Digit Medical Inflation In 2000.  // Insurance Advocate;01/22/2000, Vol. 111 Issue 4, p22 

    Deals with a survey conducted by Watson Wyatt Worldwide and the Washington Business Group on Health regarding health care costs in the United States. Rate of health care costs' increase; Forecast on the medical inflation in 2000; Other findings of the survey.

  • Study finds that costs cut into quality.  // AHA News;03/23/98, Vol. 34 Issue 11, p5 

    Presents information on the two surveys that Watson Wyatt Worldwide has conducted with the Washington DC Business Group on Health and the Healthcare Financial Management Association. Number of companies who responded to the cost pressures affecting health care quality; Percentage of respondents...

  • Order out of Chaos. Gunsauley, Craig // Employee Benefit News;Jan2000, Vol. 14 Issue 1, p25 

    Talks about integrated disability management practices in companies. Factors forcing companies to consider the practices; Disability costs; Information on a study on corporate experiences of integrated disability management, conducted by the Washington Business Group on Health (WBGH) and Watson...

  • Boiling point. Elswick, Jill // Employee Benefit News;4/15/2002, Vol. 16 Issue 5, p19 

    Presents the analysis by Watson Wyatt and the Washington Business Group on Health on the health benefits costs for companies with 1000 employees in the U.S. Forecast on medical rate by 2007; Decrease in the administrative controls and financial incentives for providers; Demand by patient for...

  • Quality concerns up: Survey. Kazel, Robert // Business Insurance;03/24/97, Vol. 31 Issue 12, p3 

    Presents the findings of a survey conducted on the purchase of health care insurance policies in the United States by Watson Wyatt Worldwide and the Washington Business Group on Health. Detailed findings of the survey; How the survey was conducted; Statistical information provided.

  • Combined strategy needed to manage absences. Lee, Karen // Employee Benefit News;Dec2000, Vol. 14 Issue 14, p11 

    Deals with a study released by the Watson Wyatt Worldwide and the Washington Business Group on Health concerning employee absence management of companies in the United States. Hurdles affecting employers' efforts to manage employee absences; Role of employees' entitlement mentality in their...

  • Big firms focus more on quality of care.  // Trustee;Jun96, Vol. 49 Issue 6, p3 

    Reports on the survey conducted by the Washington Business Group on Health and the Watson Wyatt Worldwide regarding healthcare. `Is Cost Everything? Getting Value for Your Health Care Dollar' as title; Use of the Health Plan Employer Data and Information Set; Non-involvement of employees on...

  • Premiums rising for all types of plans. Shinkman, Ron // Modern Healthcare;03/29/99, Vol. 29 Issue 13, p66 

    Focuses on the results of a survey conducted by the Watson Wyatt Worldwide and the Washington Business Group on Health, which revealed the increase in healthcare premiums. Increase in indemnity plans; Factors that contributed to the increase; Other findings.

  • Employers reap savings, improved productivity from...  // Insurance Advocate;10/25/97, Vol. 108 Issue 42, p24 

    Focuses on the annual average reduction of total disability bill of companies in United States which have integrated their disability plans according to the Second Annual Washington Business Group on Health (WBGH)/Watson Wyatt Worldwide survey. Percentage on the effectivity of medical case...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics