2010 Health Plan Costs More Than Four Times Wage Increases
According to The Segal Company’s just-completed survey of projected 2010 health plan costs, medical plan cost trends will continue to be more than four times greater than the annual increase in average hourly earnings and in sharp contrast to changes in the consumer price index for urban consumers.
Other key findings of the survey include:
- High-deductible health plans are projected to increase by just over one percentage point to 11.9 percent next year.
- In 2010, medical plan projections for most managed care plans are similar to those found in 2009, ranging from 10.2 percent to 10.8 percent.
