A new report has found that the cost of health insurance is nearing post-pandemic highs, with Americans having to shell out large portions of their checks just to be protected.
According to WTW, a consulting firm, the cost of health insurance is on the rise, as its report says that US employers estimate their healthcare costs will increase by 7.7% in 2025, compared with 6.9% in 2024 and 6.5% in 2023.
This increase will affect a wide swath of the country, as around 165 million Americans get health insurance through their work.
The cost of healthcare has been on the rise for some time, but the recent jump has given some sticker shock, and as a result, employers are starting to look at different options. WTW reports that 52% of companies plan on implementing programs that will reduce total costs. This could include choosing lower-cost providers and sites of care.
While this …