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Boom in weight-loss drugs to drive up US employers' medical costs in 2024

Booming demand for newer weight-loss and diabetes drugs is expected to accelerate the rise in medical expenses for employers in the United States next year. ....

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Mercer Survey Finds Health Benefit Costs Up 5.2% in 2023 Due to Inflation and Higher Spending on Prescription Drugs

Cost increases have averaged 3% annually since 2012 but employers expect higher increases to continue in 2024

Pharmacy benefit cost rose more than 8%

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Boom in weight-loss drugs to drive up US employers' medical costs in 2024

Booming demand for newer weight-loss and diabetes drugs is expected to accelerate the rise in medical expenses for employers in the United States next year, staff health benefits consultant Mercer said on Friday. GLP-1 medications approved by the U.S. Food and Drug Administration could contribute between 50 and 100 basis points to the trend, Mercer's Chief Health Actuary, Sunit Patel, told Reuters in an interview. U.S. employers, on average, have budgeted a likely 5.2% rise in these costs for next year, according to Mercer's survey of nearly 1,900 employers, representing about 134,000 employer health plan sponsors. ....

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Boom in weight-loss drugs to drive up US employers' medical costs in 2024 - Mercer

Booming demand for newer weight-loss
and diabetes drugs is expected to accelerate the rise in medical
expenses for employers in the United States next year, staff
health benefits consultant Mercer. ....

United States , United Kingdom , Eli Lilly , Pooja Desai , Khushi Mandowara , Leroy Leo , Novo Nordisk Wegovy , Beth Umland , Health Actuary , Drug Administration , Chief Health Actuary , Sunit Patel , Novo Nordisk ,

Family premiums in employer plans will likely rise 7% after a year of no growth

Family premiums in employer plans will likely rise 7% after a year of no growth
healthcarefinancenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from healthcarefinancenews.com Daily Mail and Mail on Sunday newspapers.

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