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0 -6.92920660583733E-05 -0.00122415983369898 -0.00127035454440456 -0.000531239173114589 -0.0016630095854024 -0.00460930823420711 -0.00667513569696267
Stock impact report

US employers to see biggest healthcare cost jump in a decade in 2024 [Reuters]

Willis Towers Watson Public Limited Company - Ordinary Shares (WTW) 
Last willis towers watson public limited company - ordinary shares earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: weightwatchersinternational.com
Company Research Source: Reuters
Benefit consultants from Mercer, Aon and Willis Towers Watson see employer healthcare costs jumping 5.4% to 8.5% in 2024 due to medical inflation, soaring demand for costly weight-loss drugs and wider availability of high-priced gene therapies. A survey conducted by Mercer, a unit of Marsh McLennan , found over two thirds of employers either do not plan to shift any cost increase to their staff or will pass on less than the expected rise in 2024. “They don't want to add more financial stress on employees who are also coping with inflation, especially in this time where they're really relying on their health benefits as a way to keep employees working for them,” said Beth Umland, Mercer's director of health & benefits research. U.S. consumer prices accelerated 3.7% in the 12 months through August, down from a peak of 9.1% in June last year. However, medical cost increases usually lag general inflation as contracts between insurers and hospitals for the prices of procedures are s Show less Read more
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