Healthcare cost in 2013

Posted on December 28, 2012 by Rick Rossignol

Here are some figures Buck Consultants put together after surveying 123 insurers and plan administrators nationwide: Preferred Provider Organization (PPO) costs are projected to increase 9.7% in the first half of 2013

High-Deductible Health Plan (HDHP) costs are expected to rise by 9.6% Point-of-Service (POS) plan costs are projected to increase by 9.5%, and

Health Maintenance Organization (HMO) costs are expected to rise by 9.3%.

Questions remain: Employers need to figure out how they are going to pay for the increases in Healthcare. Do they split the cost with employees? They need to develop their compensation and benefits strategy. Look at their turnover and figure out to keep their talent.

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