For 2023, the health costs (combined medical and pharmacy benefit expenses) of U.S. employers for employees after plan and contribution changes are forecasted to increase by 6 percent. This survey represents US company's health care cost trends from 1999 to 2023.
Health care cost trends of U.S. companies from 1999 to 2023
Characteristic
Health care trend after plan and contribution changes
Health care trend before plan and contribution changes
Data from multiple reports.
Respondents collectively employ over 5.9 million full-time employees and operate
in all major industry sectors.
A company’s medical benefit expenses for insured plans include the premium paid by the company. For a self-insured plan, these expenses include all
medical and drug claims paid by the plan, company contributions to medical accounts (FSA/HRA/HSA) and costs of administration minus employee
premium contributions. The annual change in costs is based on costs for active employees after plan and contribution changes. Respondents are
asked to report trends directly in the survey.
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Willis Towers Watson. (January 31, 2023). Health care cost trends of U.S. companies from 1999 to 2023 [Graph]. In Statista. Retrieved July 21, 2024, from https://www.statista.com/statistics/240684/companys-increased-spendings-on-health-care-for-employees-in-the-us/
Willis Towers Watson. "Health care cost trends of U.S. companies from 1999 to 2023." Chart. January 31, 2023. Statista. Accessed July 21, 2024. https://www.statista.com/statistics/240684/companys-increased-spendings-on-health-care-for-employees-in-the-us/
Willis Towers Watson. (2023). Health care cost trends of U.S. companies from 1999 to 2023. Statista. Statista Inc.. Accessed: July 21, 2024. https://www.statista.com/statistics/240684/companys-increased-spendings-on-health-care-for-employees-in-the-us/
Willis Towers Watson. "Health Care Cost Trends of U.S. Companies from 1999 to 2023." Statista, Statista Inc., 31 Jan 2023, https://www.statista.com/statistics/240684/companys-increased-spendings-on-health-care-for-employees-in-the-us/
Willis Towers Watson, Health care cost trends of U.S. companies from 1999 to 2023 Statista, https://www.statista.com/statistics/240684/companys-increased-spendings-on-health-care-for-employees-in-the-us/ (last visited July 21, 2024)
Health care cost trends of U.S. companies from 1999 to 2023 [Graph], Willis Towers Watson, January 31, 2023. [Online]. Available: https://www.statista.com/statistics/240684/companys-increased-spendings-on-health-care-for-employees-in-the-us/
